Page 68 - Companies

Max moves HC against Quality Care, Evercare over hospital chain buyout

Breach of contract alleged in an offer to acquire Hyderabad-based Care Hospitals

Retail tech firm Ace Turtle raises Rs 293 cr from Vertex, others

Start-up will use the funds to recruit talent and for business growth

EV financing platform Ohm raises Rs 3 cr in funding led by Antler India

Company will use the money on technology platform connecting EV players and financial institutions

Maruti Suzuki India's sales jump 6.5% in April, exports drop by 8%

The total domestic sales were up from 132,248 units in April last year to 143,558 units this year

Germany's SAP sees 'phenomenal growth' in India, will increase hiring

Company considering 'specific investment' in the country for sustainability solutions

Adani Cement pre-pays $200 million Holcim debt, seeks loan extension

Global banks had lent Adani $4.5 billion to finance the purchase of Holcim Ltd

ACC on Hindenburg: Independent review found it in compliance with all laws

Says since matter is sub-judice, financial statements do not carry any adjustments

Zuckerberg's fortune jumps $10 bn on Meta's robust first-quarter sales

Meta shares rose 14% after the earnings report, lifting Zuckerberg's fortune to $87.3 billion

Adtech company Infomo appoints Himanka Das as country director India

Company that works with telecom firms promotes Rohit Verma as global chief of strategy and new initiatives

Now you can use WhatsApp on four devices at the same time: Here's how

At a given time, up to four smartphones can be linked to one WhatsApp account. Here how

Choice International plans to launch 10 new branches in North India in FY24

Financial services provider Choice International on Wednesday announced plans to expand its operations in north India by launching 10 new branches in the first half of the current financial year. The move is aimed at strengthening its presence in the region and providing financial services to its customers. To support these new locations, the group plans to hire 250 employees for broking, mutual funds and insurance, in addition to the existing 150-member team in Delhi and NCR, Choice International Ltd, which is listed on BSE and NSE, said in a statement. Of the 10 new branches, three would be in Delhi and one each in Noida, Faridabad, Gurugram, Lucknow, Chandigarh, Ambala and Panipat. In addition, Choice Group plans to open 10 more branches, including Dehradun, Kanpur, Prayagraj, Saharanpur, Ludhiana, Jalandhar, Jammu, Amritsar, Shimla and Bareilly in the coming 1-2 quarters. Overall, the company aims to have 500 employees in north India, including those in the upcoming branches f

Reckitt names Kris Licht as CEO, continues to beats sales estimates

Licht, who has served as president of Reckitt's health business and as chief customer officer since July 2020, will be appointed to the board as an executive director from June 1

What is ESG, how is it supporting companies' efforts toward sustainability

From the role and need to challenges faced by Indian companies in its implementation and criticism around it, here is a lowdown on what is ESG

What's in a logo? A lot, as Sebi and Nokia give a digital twist to theirs

In favour: Clean, simplistic logos that reflect a modern outlook, enjoy visibility on digital platforms

Emerging markets have an edge over mature markets, says BlackRock

The world's biggest money manager favors stocks and bonds from the developing world over those from mature economies in the short term

Google, Meta, other Big Tech cos face UK crackdown as govt unveils new law

A new Digital Markets Unit in the nation's antitrust regulator will have powers imposing additional obligations on some of Silicon Valley's biggest companies

Digital firm MapmyIndia's profit up 23% at Rs 107 crore in FY23

Company says it embedded 1.9 million vehicles with mobility solutions app in FY23

Rajesh Uppalapati as CTO, P Ganesh as CFO: Nykaa announces new appointments

TV Venkataraman will be responsible for the company's Internal Audit and Risk Management charter

Temporary pause in US shipments from Sun Pharma's plant in Mohali

It implies that company has to take corrective action before releasing further batches to the US

IoTechWorld Avigation targets 3,000 agri drones sale, explore export mkt

Agri drone manufacturer IoTechWorld Avigation is targeting to sell 3,000 drones this fiscal, a six-fold jump from the previous year, on rising demand mainly from agrochemical firms and agriculture universities. Startup IoTechWorld, which was founded in 2017 by Deepak Bhardwaj and Anoop Upadhyay, has a manufacturing facility in Gurugram. It sells agri drones at about Rs 7.5 lakh plus GST. Agrochemical player Dhanuka Agritech in 2021 announced an investment of Rs 30 crore in IoTechWorld for a minority stake. "We sold around 500 agri drones during the last fiscal year as against 100 drones in 2021-22," IoTechWorld Avigation co-founder Deepak Bhardwaj said on the sidelines of an event on Saturday. The company celebrated 6th foundation day and launched a new agri drone which is more compact and foldable, thereby easy to transport. "We could not fulfill the entire orders last fiscal because of the shortage of chips," he said. Bhardwaj said the demand is primarily from agrochemical play