Page 162 - Companies

HDFC Bank quickest to list among 100 global firms, shows data

E-commerce giant Amazon also is among the fastest as it went public in just three years.

Companies gear up for Omicron version of coronavirus vaccines

Zydus to keep a laboratory product ready based on the new variant

Data management platform Parablu raises $1 mn in pre-Series A round

The SaaS company builds secure, enterprise-class data management solutions

Companies bullish on their hiring plans this quarter, says report

Due to businesses re-pivoting and refocusing their strategies to better meet customer and market wants, the workforce requirement is slated to increase: Report

CFOs optimistic about economy, business growth in FY22: Deloitte India

According to the survey, M&A was considered as a key growth driver for FY22

Asian Paints to invest Rs 960 cr to expand Gujarat unit's capacity

Asian Paints Ltd said it will invest Rs 960 crore to expand the manufacturing capacity of its facility situated at Ankleshwar in Gujarat

500,000 cos went out of biz, 700,000 new cos registered in 6 years: Data

As many as 12,808 companies were closed down in 2016-17, 70,972 companies in 2019-20 and 14,674 in the last fiscal, the data showed

Constructive dissonance essential for better neeti

Aberrant judgements occur often in institutions where constructive dissonance is absent

Profit concentration in India Inc rises amid private sector growth

20 most profitable companies account for 65% of corporate profits

14 cos approached govt to settle retrospective taxation cases: Revenue Secy

As many as 14 companies against whom retrospective tax demands were raised have approached the government to settle cases, Revenue Secretary Tarun Bajaj said.

Startup Fasal raises $4 mn to expand business in India, southeast Asia

Precision agriculture platform Fasal on Monday said it has raised USD 4 million from investors to expand business in India and South East Asia. The company raised this fund in pre-Series A round led by 3one4 Capital with participation from existing investors Omnivore and Wavemaker Partners, Fasal said in a statement. Other investors in this round include Genting Ventures (Malaysia), The Yield Lab Asia-Pacific, Antares Investments, and Sandeep Singhal of Nexus. Fasal is a full-stack AI-powered IoT SaaS platform for horticulture sector. Using on-farm sensors and scientific algorithms, Fasal delivers farm and crop-specific actionable insights to farmers in vernacular languages. The platform is also working on a range of new services including F&V market linkages and parametric crop insurance. To date, the startup claimed that it has helped save more than 9 billion litres of water from irrigation, reduced pesticide expenditure by around 60 per cent, and increased yields across 40,000

Macrotech Developers raises Rs 4,000 cr via QIP for growth, debt reduction

Realty firm Macrotech Developers has raised Rs 4,000 crore through sale of shares to institutional investors

Disprz raises $13 mn in Series B funding led by Dallas Venture Capital

Founded in 2015 by Subramanian (Subbu) Viswanathan and Kuljit Chadha, Disprz is an AI-powered learning and skilling suite that empowers companies to right-skill their workforce

China Evergrande sells its entire stake in HengTen Networks for $273 mn

China Evergrande Group said its unit will sell its entire share stake in HengTen Network Holdings for HK$2.13 billion ($273.47 million)

'Office space leasing in 7 cities to reach 95% of pre-Covid level in FY23'

The increase in net leasing and steady rental collections, which had not fallen significantly, will ensure that the credit profiles of commercial real estate owners remain stable, Crisil said

Digital payments firm PhonePe crosses 2-bn mark in monthly transactions

PhonePe's phenomenal growth comes on the back of rapid traction across Tier-II, Tier-III cities and beyond

Tata Consumer Products acquires 100% of Tata SmartFoods for Rs 395 cr

Acquisition marks TCPL's foray into the ready-to-eat segment

Toshiba says it plans to split into 3 firms, rejects calls to go private

After spinning off the two companies, Toshiba will continue to own its 40.6% stake in memory chipmaker Kioxia as well as other assets

Apollo Hospitals posts over three-fold jump in profit to Rs 267 crore

Apollo Hospitals to acquire Excelcare for Rs 210 crore

Most employees favour hybrid model of work post pandemic: Survey

A survey has revealed that 73 per cent of employees are in favour of the hybrid model of work across industries.