Page 160 - Companies

Businesspersons and several brands embrace the season of hope

This Christmas and New Year, the gifts include time, fitness, upskilling lessons, curated hampers and experiences

Twin Health expands its operations in India; appoints Prabh Singh as CEO

Twin Health, makers of the Whole-Body Digital Twin™ technology, today announced the appointment of Prabh Singh as the CEO for its India operations

Over 500,000 complaints registered against e-commerce firms in Apr-Nov

A total of 5,12,919 complaints pertaining to e-commerce have been registered in the National Consumer Helpline (NCH) from April 2019 to November 2021

upGrad ties up Clark University to offer master's degree in various courses

Edtech major upGrad on Friday said it has partnered with Clark University in the USA to offer a master's degree in Data Analytics, Information Technology and Project Management.

Rapid Holdings 2 offloads India Infra Trust's shares worth Rs 173 crore

On the BSE, it sold 1.72 crore units at an average price of Rs 101

CMS Info Systems sets IPO price band at Rs 205-216/share, to open on Dec 21

Cash management company CMS Info Systems has fixed a price band of Rs 205-216 a share for its Rs 1,100-crore initial public offering (IPO).

McDonald's settles lawsuit with ex-CEO over alleged lies about affairs

McDonald's sued Easterbrook in August 2020, nine months after reaching a severance deal, claiming he never gave directors a complete picture of his relationships with employees

Car sharing platform Zoomcar announces launch of vehicle host programme

India currently possesses one of the lowest private car utilisation rates in the world, said the company

Google's Area 120 unveils Qaya to create web storefronts for creatorS

With an aim to allow creators to easily set up new web storefronts for their audiences, tech giant Google's Area 120 has come up with a new service called Qaya

Health-tech startup Pristyn Care raises $96 million in Series E round

Health-tech startup Pristyn Care on Wednesday said it has raised USD 96 million (around Rs 730 crore) in Series E round.

Maini Precision Products files papers with Sebi to raise funds via IPO

Maini Precision Products has filed preliminary documents with capital markets regulator Sebi to raise up to Rs 900 crore through an initial share-sale.

Italy's insurer Generali to return up to $7 bn to investors under new plan

Italy's top insurer Generali on Wednesday pledged to return up to 6.1 billion euros ($7 billion) in dividends and buybacks to shareholders

Skoda Auto Volkswagen India announces resignation of MD Gurpratap Boparai

Auto maker Skoda Auto Volkswagen India on Wednesday said its Managing Director Gurpratap Boparai has resigned from the company with effect from January 1, 2022. Christian Cahn von Seelen will take interim charge of the VW Group's Indian operations from January 1, 2022, in his capacity as Chairman of Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL), the automaker said in a statement. The successor to Boparai will be announced shortly, it added. It is with deep regret that we accept the resignation of Gurpratap. I would like to thank him for leading the group's India operations through a complex merger, and for his outstanding role in ensuring that the Group's important INDIA 2.0 project was on schedule with only minimal disruptions, despite the challenges that arose from the pandemic," Skoda Auto Chairman Thomas Schaefer noted. The seamless execution of the merger and the success of the products launched under the project is a testimony to his leadership and deep understanding of all

Ex-Netflix executive gets 2.5 years in prison for accepting tech bribes

A former Netflix executive was sentenced Tuesday to 2 and 1/2 years in federal prison for taking bribes and kickbacks from tech companies to approve lucrative contracts with the streaming giant.

Corp Affairs Ministry giving more leeway for firms to hold AGMs virtually

The corporate affairs ministry on Tuesday provided more leeway for companies in terms of holding annual general meetings in virtual mode.

Walmart-owned PhonePe digitises 25 mn merchants, kirana stores across India

The company said that offline merchant transactions on its platform have shown 200 per cent growth since last year

Gravita India starts battery recycling unit in Gujarat; to invest Rs 62 cr

Recycling firm Gravita India on Monday said it has operationalised its new battery recycling unit near Mundra Port in Gujarat and plans to invest a total of Rs 62 crore

Investors push world's top chemicals companies over hazardous substances

Investors managing $4.1 trillion in assets are urging the world's biggest chemicals companies to phase out production of hazardous substances

Nandan Terry files draft offer document for maiden IPO of up to Rs 254 cr

Ahmedabad based company, Nandan Terry Limited, belonging to Chiripal group, a textile conglomerate, filed draft offer document with the regulators.

Paytm GMV more than doubles to Rs 1.66 trn in Oct-Nov 2021 period

Paytm reported over two-fold rise in its gross merchandise value to about Rs 1,66,600 crore in the first two months of the third quarter of this fiscal, driven by sharp uptick in loan disbursals