Page 16 - Indian Companies

Koo's flight cut short: Twitter challenger grounded by merger collapse

Koo's entry into the startup dead pool comes at a time when the startup world has been grappling with the so-called funding winter

Edtech major Byju's asks for 48 hrs to decide on selling or pledging shares

The edtech firm's US-based lenders have filed a plea to prevent the company from pledging, selling or transferring its shares

LatentView Analytics buys 70% stake in Decision Point for $39.1 mn

Chennai-based digital analytics consulting firm will buy remaining stake in 2 years

Labour pains, the silent crisis undermining India's infrastructure boom

Severe skilled, unskilled shortage threatens to pull emergency brake on India's industrial engine

Hindenburg was never a client or investor of the firm, clarifies KMIL

KIOF is one of the recipients of Sebi's show-cause notice in the Adani short-selling matter issued on June 26, 2024

Adani Power ups capacity addition targets again, to more than 30 GW

Adani Power's current operating capacity stands at 15.25 GW, which the company in FY24 said it plans to take to 21 GW

Tata Group retains top spot as India's most valuable brand at $28.6 billion

India's most valuable brands 2024: Tata Group nears $30 billion mark, Taj remains India's strongest brand, while HDFC's merger boosts brand to third position

Vi in talks with Samsung to get network equipment for 4G/5G rollout

Telco has already deployed Samsung's vRAN tech in 3 circles

Flipkart group launches super.money to re-enter India's fintech space

Apart from payments on Unified Payments Interface (UPI), the platform will offer services such as credit, deposit, credit card, among others

Dr. Reddy's to acquire Haleon's nicotine replacement biz for 500 mn pounds

The acquisition includes Nicotinell, a global leader in the NRT category, and its local market-leading brand names Nicabate, Habitrol, and Thrive

Promoter entity Finsider International sells entire 2.6% stake in Vedanta

Finsider International is a unit of Anil Agarwal-led Vedanta Resources, whose debt stood at around $6 bn as of March 31

Amazon says committed to 'appropriate' action in Manesar Warehouse incident

Amazon India is in constant touch with the relevant authorities and encourages them to visit its facilities to see not just the workplaces but also how the policies are implemented

Fabric maker Raymond to add over 100 stores of ethnic wear brand in FY25

Leading textile and fabric manufacturer Raymond has plans to add over 100 stores of its ethnic wear brand 'Ethnix by Raymond', the latest annual report of the company said. Raymond, which has introduced Ethnix format couple of years ago as a brand for occasions and celebrations, now has over 114 stores. The company intends to fuel growth with 'Ethnix By Raymond' as it taps into the exponentially growing segment of ethnic wear in India, it said. "As the Indian weddings are getting glitzier and people are celebrating the various occasions, we have expanded are our store footprint by taking Ethnix by Raymond to the length and breadth of the country," Chairman and Managing Director Gautam Hari Singhania said while addressing shareholders. Ethnix business is already contributing to the topline of the branded apparel segment of Raymond with its strong performance. "Going forward we will open more doors for this category and will be celebrating with Bharat by adding 100+ of new stores of

Rs 2 trillion funds tied up for expansion, says Adani Green Energy

'The entire funding for the expansion to 50 GW from the current capacity of 10.9 GW has been tied up already.'

IPO-bound startups find favour among investors amid funding resurgence

Record surge in stock markets and consistently improving performances of listed startups are understood to have turned the sentiment for the better

Retailers advance sales as customers stayed indoors in May to avoid heat

The mid-year end-of-season sales start typically mid-June and go on till the end of July. A few pieces go on heavy discounts towards the Independence Day weekend

Mahindra Finance's CFO Vivek Karve resigns; to pursue other interests

However, he will continue with the company beyond his notice period, till October 31, 2024, to ensure a smooth transition

Tata Electronics collab with Synopsys for design automation in Dholera

The chip design expertise from Synopsys will be utilised in Tata's upcoming semiconductor facilities in Gujarat and Assam

Snapchat announces new safety features with a focus on teenage users

The company on Tuesday introduced the features on the platform with the aim of making it difficult for strangers to contact people randomly

Short debt's share in total external debt down 2.1 percentage points: RBI

The ratio of short-term debt to foreign exchange reserves declined to 19.0 per cent at end-March 2024 from 22.2 per cent at end-March 2023