Page 23 - Companies

Flipkart Internet receives Rs 924 cr infusion from its Singapore entities

Flipkart is also currently in discussions to raise up to $1 billion, with parent company Walmart committing to inject $600 million

NFRA to engage with companies for better insights: Ajay Bhushan Pandey

To refer the matter to regulator if lapses found

Housing.com's parent firm REA India's revenue rises 21% in Jul-Dec: CEO

Revenue of REA India -- owner of Housing.com and PropTiger -- rose 21 per cent to Rs 238 crore during latest July-December period on strong demand of residential properties, its CEO Dhruv Agarwala said. The company would continue to invest in new products, technologies and branding-marketing activities to further grow its business and establish a significant lead against competitors, he said. REA India, which is part of Australia's publicly listed firm REA, is a full-stack real estate technology firm and owns two online classified advertisement platforms Housing.com and Makaan.com as well as housing brokerage PropTiger. In an interview with PTI, Agarwala said the company posted a 21 per cent growth in revenue to 44 million Australian dollars (nearly Rs 240 crore) during July-December period of the 2023-24 fiscal year ending June. In the year-ago period, the revenue stood at AUD (Australian dollar) 36 million. Agarwala highlighted that revenue from its core business, advertising an

Robust revenue growth estimated for Reliance Industries-Disney combine

Media Partners Asia report says profits from television broadcast will help offset the losses in sports and digital

Asics expects India to be its fastest-growing market in Southeast Asia

The Japanese sporting goods company Asics is aiming to double its number of stores and open its first exclusive store in the country in the country by 2026

Tech Mahindra, Pegatron ink MoU to develop AI-enabled private 5G networks

The partnership will enable the two companies to find global prospects collaboratively, with Pegatron offering the 5G connectivity layer and Tech Mahindra delivering end-to-end 5G services

94% of Indian companies to reskill employees due to impact of AI: LinkedIn

The LinkedIn report also highlights that 48 per cent of India's hiring managers are providing career progression opportunities to their existing employees

Uber way behind Ola in India: Bhavish Aggarwal responds to Khosrowshahi

Uber chief had said Ola was foraying into other areas but Uber was focused on ride-sharing business

'No FEMA violations': Hiranandani Group on ED searches at Mumbai office

Hiranandani Group said that the inquiry was related to a 15-year-old matter and it took time to find old records

Hospital expansion, new business scale-up to drive gains for Apollo

While overall revenues saw a 13.8% growth Y-o-Y at Rs 4,850 cr, the hospital segment saw a growth of 12% at Rs 2,463 cr

34% of women leave jobs over work-life balance, only 4% of men do: Report

59 per cent of the companies have not set up Internal Complaints Committees that are mandated by the Prevention of Sexual Harassment (POSH) Act

Kilburn Engineering acquires turnkey solutions provider M E Energy

The acquisition, effective February 20, 2024, was made for an aggregate consideration of Rs 98.70 crore

BluSmart, Tata Power subsidiary sign agreement to source green power

This partnership with TPTCL will help BluSmart to eliminate Scope 2 emissions from its existing 1.4 million square feet of EV charging infrastructure and future charging hubs

Capital One to buy Discover for $35 billion in yr's biggest all-stock deal

It's a "singular opportunity" to bring together two companies that can compete with the largest payment networks, Capital One Chief Executive Officer Richard Fairbank said in the statement

Tesla Power India planning to hire over 2,000 people across verticals

Tesla Power India on Monday said it is planning to recruit over 2,000 employees across various verticals as part of its expansion plans. The planned recruitment drive will encompass positions across engineering, operations, sales, marketing, and support functions, providing ample job opportunities for the youth, it said in a statement. The sustainable energy storage solutions provider also recently launched its refurbished battery brand ReStore. It plans to open 5,000 ReStore units by 2026 across the country. "As we continue to expand our footprint in India, we recognise the critical role that talented individuals will play in achieving the sustainable goals through innovation. We are excited to welcome the new talent in our team and leverage their contribution to further our mission of Save Cost. Save the Environment. Save Lives," Tesla Power India Managing Director Kavinder Khurana said.

JSW Steel in talks to buy 20% in Australian coal mine for $1 billion

Whitehaven selling part of stake in Blackwater mine

Credit platform Yubi announces partnership with Axis Bank, Muthoot Microfin

Alliance will serve diverse sectors, with initial focus on microfinance institutions

Volume outlook remains strong for Varun Beverages after stellar Q3 results

The Indian market led on the volume front, experiencing a growth of 19 per cent, while international markets posted a 16 per cent growth

Shinjini Kumar resigned from PPBL board, attended 2 meets as special guest

This means, two independent members have resigned from the board of the troubled Paytm Payments Bank

Apollo Hospitals profit rises 60% in Q3; digital biz achieves break-even

The company's revenue from operations was seen up by 14 per cent in FY24 to Rs 4850.6 crore, compared to Rs 4,263.6 crore during the third quarter of 2022-23