New Delhi, Jan 19 (PTI) Rocketlane, a customer onboarding platform, on Wednesday said it has raised USD 18 million (about Rs 133.8 crore) in funding led by Asana investor, 8VC and others.The Series A round also saw participation from Nexus Venture Partners, Matrix Partners India, and angel investor Gokul Rajaram, a statement said.The latest funding [...]
New Delhi, Jan 19 (PTI) Around 1.12 crore domestic passengers travelled by air in December, approximately 6.7 per cent higher than the 1.05 crore who travelled in November, the country's aviation regulator said on Wednesday.Overall, 8.38 crore people travelled on domestic flights in 2021 as compared to 6.3 crore in 2020, showing a jump of [...]
HCL Technologies appoints Prabhakar Appana as SVP, global head of AWS Ecosystem biz unit New Delhi, Jan 19 (PTI) HCL Technologies on Wednesday said it has appointed Accenture former executive Prabhakar Appana as senior vice-president and global head of its AWS Ecosystem business unit. An industry veteran with about 23 years of experience in various [...]
New Delhi, Jan 19 (PTI) Union labour ministry on Wednesday said it has re-activated 21 monitoring centres across the country to help mitigate the problems faced by migrant workers through co-ordination with various state governments amid the third wave of the coronavirus pandemic. Once the pandemic situation eases, labour minister Bhupender Yadav and his deputy [...]
New Delhi, Jan 19 (PTI) Power Minister R K Singh has administered the oath of office to Rengthanvela Thanga as member of Joint Electricity Regulatory Commission for Manipur and Mizoram. The central government constituted Joint Electricity Regulatory Commission (JERC) for Manipur and Mizoram in pursuance of provisions of the Electricity Act, 2003 and the memorandum [...]
New Delhi, Jan 19 (PTI) The National Company Law Appellate Tribunal (NCLAT) has set aside an NCLT order rejecting pleas by Ericsson India and Ericsson India Global Services to convene a meeting of their shareholders and creditors to approve a scheme of amalgamation. A two-member NCLAT bench comprising Anant Bijay Singh and Shreesha Merla allowed [...]
New Delhi, Jan 19 (PTI) Post-pandemic recovery will sustain growth in insurance premiums, improving profitability amid favourable government reforms in the state-owned insurance sector, according to a report. "The Indian insurance industry's growth prospects are favourable, underpinned by an expected 9.3 per cent GDP expansion in fiscal 2021, which ends March 2022, and by strong [...]
New Delhi, Jan 19 (PTI) Following are the top business stories at 2000 hours: DEL67 CAB-LD RENEWABLE ENERGY Cabinet approves Rs 1,500 cr additional equity infusion in IREDA New Delhi, Jan 19 (PTI) The government on Wednesday approved equity infusion of Rs 1,500 crore in the Indian Renewable Energy Development Agency (IREDA), which would raise [...]
New Delhi, Jan 19 (PTI) Citi Bank on Wednesday offloaded shares of Vedanta Ltd worth over Rs 1,200 crore, through an open market transaction. According to bulk deal data on the BSE, over 3.2 crore shares were sold at an average price of Rs 314.65 apiece. This took the total deal value to Rs 1,204.48 [...]
New Delhi, Jan 19 (PTI) US-based Hunting Energy Services (Hunting) will set up a precision machine shop in a joint venture with homegrown steel pipes maker Jindal SAW at an initial investment amount of up to USD 25 million (about Rs 175 crore), a top company official said on Wednesday.Addressing a virtual conference, Hunting PLC [...]
