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Thums Up becomes a billion-dollar brand

New Delhi, Feb 10 (PTI) Desi soft drink brand Thums Up has become a billion-dollar brand in 2021, global soft drinks major The Coca-Cola Company, which owns the brand, said. "Our local Thums Up brand became a USD one billion brand in India, driven by focussed marketing and execution plans," said The Coca-Cola Company Chairman [...]

Over USD 7 bn raised by Indian start ups in Q4 2021: Report

New Delhi, Feb 10 (PTI) More than USD 7 billion was raised by Indian start-ups during the fourth quarter of 2021, which was 18 per cent higher than the previous sequential quarter, according to a report. The report by NASSCOM and Praxis Global revealed that fintech and retail tech were the top sector in Q4 [...]

APM Terminals Pipavav 19 pc lower profit

Mumbai, Feb 10 (PTI) APM Terminals Pipavav' on Thursday posted a 19 per cent decline in net profit to Rs 43.76 crore in the December quarter over the same period year-ago. The private port operator had posted a net profit of Rs 54.32 crore in the quarter that ended December 31, 2020. Revenue from operations also [...]

RBI releases master directions for credit derivative transactions

Mumbai, Feb 10 (PTI) The Reserve Bank on Thursday came out with its master directions for credit derivative transactions, a year after it released the draft guidelines. The directions issued on Thursday will apply to credit derivatives transactions undertaken in Over-the-Counter (OTC) markets and on recognised stock exchanges in India, and will be effective from [...]

MX TakaTak to merge with ShareChat’s Moj short video platform

New Delhi, Feb 10 (PTI) Short video platform MX TakaTak will merge with social media firm ShareChat's Moj platform to create a community of 100 million content creators with access to 300 million monthly active users, a joint statement said. Both Moj and MX TakaTak were launched in July 2020 after the government banned a [...]

Labour Min engages with job portals over skilling ecosystem

New Delhi, Feb 10 (PTI) The Labour Ministry on Thursday held discussions with representatives of private job portals, including Naukri, Monster, LinkedIn, Indeed and TimesJobs. The ministry held discussions towards strengthening the 'Employment and Skilling Ecosystem' in India, an official release said. Sunil Barthwal, Secretary, Ministry of Labour and Employment held a meeting on 10th February 2022 [...]
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