Chennai, Feb 15 (PTI) Automaker Lamborghini on Tuesday announced the launch of its sports car, Huracán EVO Fluo Capsule here. The entry also marked the delivery of the country's first Huracán EVO Fluo Capsule in the exterior colour Arancio Livrea to a customer in the city, a company release said. "The car is a Valentine's [...]
New Delhi, Feb 15 (PTI) Capital A, a venture fund for seed to early-stage meaningful start-ups, on Tuesday announced the launch of a USD 10-million (around Rs 75 crore) cleantech fund that will be utilised for funding electric vehicles (EVs) and related ecosystem like battery charging start-ups. The fund, which has been christened as Evolve, [...]
New Delhi, Feb 15 (PTI) Torrent Power on Tuesday said it has concluded the transaction to acquire a 25 MW solar power plant for about Rs 163 crore. It has acquired 100 per cent stake of Visual Percept Solar Projects Pvt Ltd, a special purpose vehicle (SPV). "The company has, pursuant to share purchase agreement [...]
Mumbai, Feb 15 (PTI) Advertising spends growth in India is estimated to slip to 22 per cent to Rs 1.08 lakh crore in 2022, which will witness the digital medium overtake television, a report said on Tuesday. In 2021, Indian advertising grew 26.5 per cent to Rs 88,334 crore but much of the gains were [...]
New Delhi, Feb 15 (PTI) Digital technology firm InMobi's social media arm Roposo is in discussions with Reliance Retail for a social commerce related business deal which is expected to be rolled out in the next two quarters, a top official said on Tuesday. SoftBank-backed InMobi's co-founder and CEO Naveen Tewari told PTI in an [...]
Ahmedabad, Feb 15 (PTI) The Gujarat government has signed a pact with a leading business process management (BPM) firm for strategic partnership under the state's newly launched IT/ITeS policy, according to an official statement released on Tuesday. This is the first-ever agreement, which was signed after the Gujarat government unveiled its information technology and IT-enabled [...]
New Delhi, Feb 15 (PTI) The Supreme Court Tuesday granted liberty to Future Retail Ltd (FRL) to move the Delhi High Court for seeking continuation of its merger proceedings with Reliance Retail before the National Company Law Tribunal (NCLT) beyond the eighth stage of meeting of shareholders and creditors.A bench headed by Chief Justice N [...]
New Delhi, Feb 15 (PTI) State-owned SJVN Ltd Chairman and Managing Director Nand Lal Sharma on Tuesday inaugurated the river diversion arrangement of 66-megawatt (MW) Dhaulasidh Hydro Electric Project at Hamirpur, Himachal Pradesh. "Nand Lal Sharma, chairman and managing director of SJVN, today (on Tuesday) inaugurated the river diversion arrangement of 66-MW Dhaulasidh Hydro Electric [...]
The Delhi High Court has refused to interfere with Oravel Stays' move to make an initial public offering (IPO) and dismissed a plea by Zostel Hospitality claiming seven per cent equity shares of OYO's parent firm (Oravel Stay's) pursuant to an arbitration award in its favour. Justice C Hari Shankar stated that there was no [...]
Guwahati, Feb 15 (PTI) Mobility start-up Automovill has introduced a mobile application for registration and processing of accidental claims for all motor insurance agents and brokers across the country, an official said on Tuesday. The objective of the initiative is to reduce claim costs by bringing more efficiency into the system for all stakeholders, including [...]
