Page 35 - Companies

Adani to pump in Rs 20,000 cr for 4x boost in ports capacity by 2030

Adani said the fight between Israel and Hamas had had no impact on operations at Haifa Port so far

Record 1.4 bn visits during 'The Big Billion Days' festive sales: Flipkart

Choices in smartphones, laptops, tablets and home appliances indicate a strong premiumisation trend across India this year, said Flipkart

Expanding our grocery, fulfilment centres in 12 months: Flipkart's Badri

Badri said that Flipkart is generating over 100,000 new job opportunities across its supply chain to provide services during the festive season

Speciality Restaurants to focus on oriental cuisine for expansion

Cloud kitchens, which expanded quickly during the pandemic, will continue to grow

Problem of plenty for Indian companies as cash pile keeps growing

New investments haven't kept pace with money flowing in from operations

Venture Highway gets 50x returns in secondary sale of stake in Meesho

Venture Highway, an early and long-term backer of Meesho, invested in the company's first seed round over eight years ago

Delhi HC stays proceedings against Hero MotoCorp, chairman Pawan Munjal

The stay on the operation of the FIR as well as the trial court order will remain in force till December 6, the next date of the hearing

Hotels to steel: India Inc unlocks subsidiaries' value with mergers, splits

Combined value of deals reaches $32.9 bn in Q3 CY2023, the highest quarterly total since Q2 CY2022

Orkla announces restructuring of India operations into three business units

This move will enhance the collective business capabilities and drive sharper growth focus across Business Units

Insurtech player InsuranceDekho raises $60 mn in Series B funding round

This is the second fundraise for the Gurugram-based startup in 2023, taking its total fundraise to $200 million

Tata Capital Healthcare Fund II invests $10 mn in Apex Kidney Care

To open over 60 standalone Dialysis centres in the country

Insurtech start-up Onsurity raises $24 million in series B funding round

The company said a portion of the latest funding will be allocated to the company's efforts to chart the path towards profitability

Reliance General Insurance gets Rs 922 crore GST notices from DGGI

Bankers suggest that the new tax demand could impact the company's valuation

Indian Energy Exchange to acquire 10% in Enviro Enablers India Pvt Ltd

EEIPL, through this deal will be able to augment the value offering of its Material Waste Platform (MWP)

Barclays hires Credit Suisse dealmakers in India amid firmwide job cuts

The UK bank is seeking to replenish its ranks in the market after Ashish Jhaveri, head of mergers and acquisitions for the firm in India, left for Jefferies Financial Group Inc

FDA has accepted NDA for dermatological drug Deuruxolitinib: Sun Pharma

Sun Pharmaceutical Industries Ltd said that it had submitted an 8mg twice-daily regimen of deuruxolitinib for FDA review

Banking fintech MobiKwik posts second quarter of PAT at Rs 5 crore

The Gurugram-based fintech has a registered base of 140 million users and over four million merchants

Hitachi Energy's largest global tech, innovation centre comes up in Chennai

Facility will house over 2,500 technologists specialising in transformers and grid automation

Mensa Brands raises $40 million in growth capital from EvolutionX

Mensa Brands will use the money to continue investing in brand-building

TCS to modernise unemployment claims system of US state of Georgia

Company will bring in web-based platform to apply for unemployment insurance benefits