New Delhi, Feb 8 (PTI) State-run SJVN Ltd is looking to develop 10,000 MW solar power projects entailing investment of Rs 50,000 crore in the next five years in Rajasthan. "SJVN has submitted its intention to develop 10,000 MW solar power projects in next five years in Rajasthan," a company statement said. According to the [...]
Hyderabad, Feb 8 (PTI) Bosch Global Software Technologies will be setting up their facility here which will provide employment for about 3,000 people in the region, an official release said on Tuesday. During a virtual meeting with the leadership team of Bosch, Telangana IT and Industries Minister K T Rama Rao welcomed the company and [...]
New Delhi, Feb 8 (PTI) Competition Commission has given its nod for the acquisition of athenahealth Group by funds managed and advised by H&F, Bain, and GICSI, and Minerva Holdco Inc. The company, headquartered in US, is a cloud-based provider of medical record, revenue cycle, patient engagement, care coordination, and population health services, as well [...]
New Delhi, Feb 8 (PTI) Leading digital healthcare platform MediBuddy on Tuesday said it has roped in Bollywood icon Amitabh Bachchan as its brand ambassador. MediBuddy gives users 24x7 access to specialist doctors online via video call, at-home lab tests, home delivery of medicines, mental health support and other health care services. With the signing [...]
Mumbai, Feb 8 (PTI) Bugworks Research, a clinical stage multi-indication therapeutics startup, has raised USD 18 million (around Rs 134 crore) in a funding round by Lightrock India and existing investors, including the University of Tokyo Edge Capital and Japanese investment house Global Brain Corporation. 3One4Capital India, Acquipharma Holdings, IM Holdings, Featherlite Group India, Lord [...]
JK Paper on Tuesday reported over two- fold increase in consolidated net profit at Rs 151.05 crore for the third quarter ended December 2021 helped by growth in volume. The company had logged a net profit of Rs 64.59 crore in October-December period a year ago, JK Paper said in a regulatory filing. Total income [...]
Mumbai, Feb 8 (PTI) The IFC-backed Mintifi, a B2B-focused buy-now-pay-later platform, has raised USD 40 million (about Rs 300 crore) in its series-C round led by Norwest Venture Partners and Elevation Capital. With this the company has raised equity and debt worth USD 60 million. This funding will enable it to expand their capital base [...]
Mumbai, Feb 8 (PTI) Even as the percentage of women in leadership positions in the corporate world in the country has grown, fewer women are serving as board chairpersons, suggests a report. The seventh edition of Deloitte Global's 'Women in the Boardroom' report revealed that women hold 17.1 per cent of the board seats in [...]
Making it clear that relaxations will not be provided to US-based electric vehicles major Tesla unless it participates in manufacturing activities in India, Union Minister Krishan Pal Gurjar on Tuesday said there cannot be a situation where the market is India but jobs are created in China. The minister of state for heavy industries also [...]
*Go First announces 'Priority Boarding' service for passengers Mumbai, Feb 8 (PTI) Domestic carrier Go First on Tuesday announced the launch of a pre-paid 'Priority Boarding' service both for its domestic and international passengers, in its bid to reduce the waiting time at airports. The newly launched service can be availed up to two hours before [...]