Page 35 - Companies

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

Global giants tap Indian consumers, spend $3,600 a second on World Cup ads

Brands are likely to spend about Rs 2,000 crore ($240 million) in advertisement spots on streaming platforms during the tournament, estimates Jehil Thakkar, a partner at Deloitte India

Business growth remains robust for Bajaj Finance, M&M Financial Services

While analysts remain positive, the two stocks fell by 1.5-4.5 per cent on Wednesday

Marico's revenue to be marginally lower in Q2 due to price corrections

Domestic volume growth in low single-digits

Artha Venture announces second exit at 19-fold return from mobility firm

Company says Fund 1 drawing to a close after investing in 31 firms

TCS announces multi-year tech support deal with British retail firm Asda

Indian firm will build a new digital core to streamline Asda's supply chain forecasting, merchandising processes

300 IBC cases set to be resolved this year: Corporate affairs secretary

Creditors have recovered around Rs 3 trillion through the Insolvency and Bankruptcy Code (IBC), and the recoveries stood at more than Rs 51,000 crore last year

Airtel logs 50 mn unique customers on 5G network; covers all states, UTs

Airtel had earlier targeted rolling out 5G services in all key towns and rural areas by September. Jio aims to reach every district and town with 5G by the end of 2023

Vedanta hopeful of Centre's support for Hindustan Zinc Ltd overhaul

Company executives from both HZL and Vedanta said they expect government support for the move and it will help the government ease in with its earlier considered divestment programme

Jalan Kalrock Consortium infuses Rs 100 crore in cash-strapped Jet Airways

JKC also said it is expecting the airline to be up and running next year with the launch date likely to be announced in the next few days

Ashok Leyland wins order for 1,282 buses from Gujarat state transporter

This order, one of the largest by a state transport undertaking for a single original equipment maker (OEM), will help Ashok Leyland strengthen its dominant position in the Indian bus market

Zepto tops startup list as most preferred workplace among professionals

14 of the 20 startups on this year's LinkedIn list are new entrants

Oyo to report first profitable quarter in Q2 FY24 at Rs 16 crore PAT

The company's revenue from operations in FY23, Agarwal added, stood at approximately Rs 5,463 crore in FY23 up from Rs 4,781 crore in FY22, marking a 14 per cent increase

IRCTC to waive off convenience fee on air tickets booked between Sept 25-27

Customers can also avail of discounts up to Rs 2,000 on card transactions of different banks on the IRCTC website