New Delhi, Feb 3 (PTI) Media reports about mass exodus of migrant workers amid the third wave of the pandemic were untrue and states have been asked to be wary of rumour mongering on this issue, Parliament was informed on Thursday. The third wave hit the country last month, forcing states to impose local restrictions [...]
New Delhi, Feb 3 (PTI) The government has allocated Rs 283.5 crore for the Startup India Seed Fund Scheme in the Budget 2022-23, which is higher than the Revised Estimate of about Rs 100 crore. The budgetary allocations for the Fund of Funds for Startups stood at Rs 1,000 crore. The government has set up [...]
New Delhi, Feb 3 (PTI) Realty major DLF Ltd has revised upwards its sales revenue potential by 17 per cent to Rs 47,000 crore from 35 million square feet of planned new launches of housing and commercial projects in the medium term.In an analyst presentation, DLF mentioned that it has planned the launch of 35 million square feet [...]
Mumbai, Feb 3 (PTI) Garware Hi-Tech Films (formerly Garware Polyester) on Thursday said it has listed its shares on the National Stock Exchange (NSE) to increase investors' participation and enhance shareholder value. Until now, the company's shares were listed solely on the BSE, Garware Hi-Tech Films said in a statement. "After launching new product lines, [...]
New Delhi, Feb 3 (PTI) Proptech start-up POPT on Thursday said it has raised USD 2 million mainly from Canada-based angel investors MRW Ventures and Riar Holdings. In the pre-seed round of funding, seven other Indian angel investors also participated. Founded by Manpreet Singh in December 2021, Chandigarh-based POPT is bringing tech solutions in the [...]
Cadila Healthcare Ltd on Thursday reported a 5% decline in consolidated net profit at Rs 500.4 crore in the third quarter ended December 31, 2021. The company had posted a consolidated net profit of Rs 527.2 crore in the same period last fiscal, Cadila Healthcare said in a regulatory filing. Consolidated total revenue from operations [...]
Kalyan Jewellers India on Thursday reported a 16.48 per cent rise in its consolidated profit after tax (PAT) at Rs 134.52 crore for the quarter ended December 2021. The jewellery retailer's PAT stood at Rs 115.48 crore during the corresponding quarter of 2020-21, Kalyan Jewellers said in an exchange filing. Revenue from operations grew by [...]
New Delhi, Feb 3 (PTI) IT firm Scrut Automation on Thursday said it has raised USD 3 million in seed funding from Lightspeed and Endiya Partners. The company plans to use the fund to expand operations in the US, EU and Asia, enhance automation capabilities and create the largest marketplace for information security resources like [...]
Mumbai, Feb 3 (PTI) InterGlobe Air Transport has been appointed as the General Sales Agent for Bedsonline, which is a booking engine and online supplier of global accommodation to travel agencies, the airline and travel management firm said in a release on Thursday.Under the partnership, InterGlobe Air Transport (IGAT) will distribute the Bedsonline product range [...]
New Delhi, Feb 3 (PTI) Crude oil prices rose by Rs 8 to Rs 6,585 per barrel on Thursday, as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for the February delivery traded higher by Rs 8, or 0.12 per cent, to Rs 6,585 per barrel in [...]
