Techwave refreshes its corporate identity with a revamped visual and verbal identity, aligned to its new strategic business direction Hyderabad, Telangana, India – Business Wire India With the aim to usher in a new era of growth, Techwave, a leading IT services and engineering solutions partner, has announced the strategic realignment of its corporate identity. [...]
New Delhi, Jan 14 (PTI) State-owned REC has raised USD 1,175 million from a consortium of seven banks.In a landmark transaction, REC Limited (REC) successfully raised USD 1,175 million from a consortium of seven banks as the Mandated Lead Arrangers and Bookrunners (MLABs), a statement said.According to the statement, this is the single largest syndicated [...]
New Delhi, Jan 14 (PTI) Over 350 domestic exporters and more than 800 buyers from different countries participated in a three-day food show, which concluded on January 10 in Greater Noida, TPCI said on Friday.Trade Promotion Council of India (TPCI) also said that the fifth edition of 'Indusfood 2022' is expected to have negotiated business [...]
New Delhi, Jan 14 (PTI) UK's Secretary of State for International Trade Anne-Marie Trevelyan has said that both India and Britain want to bring together a free trade agreement (FTA), aimed at boosting economic ties, which is mutually beneficial for both the countries. She also expressed hope that both sides would conclude the negotiations for [...]
New Delhi, Jan 14 (PTI) Tech-enabled logistics and fulfilment company Shiprocket on Friday said it has acquired Rocketbox, a B2B logistics aggregator platform, for an undisclosed amount. The Rocketbox founders will join the Shiprocket leadership team, and continue to build the cargo product as part of this deal, a statement said. "Rocketbox, which is now [...]
New Delhi, Jan 14 (PTI) Electric commercial vehicle startup EVage on Friday said it has raised USD 28 million (over Rs 205 crore) from US-based venture capital firm RedBlue Capital.The funding will allow EVage to complete its factory outside of Delhi in FY 2022-23 and scale up production, the company said.EVage supplies EV trucks to [...]
Heart failure develops due to the gradual weakening of heart muscle resulting in a decreased ability of the heart to supply blood to the organs. Often it is confused with a Heart attack, which is a sudden stoppage of blood supply to the core. Currently, 8-10 million Indians are diagnosed with heart failure, and 1 [...]
Mumbai, Jan 14 (PTI) The rupee declined by 19 paise to 74.09 against the US dollar in opening trade on Friday, as muted domestic equities and elevated crude oil prices weighed on investor sentiments.Forex traders said the local unit fell following more hawkish comments by Federal Reserve officials.At the interbank foreign exchange, the rupee opened [...]
New Delhi, Jan 14 (PTI) Aurobindo Pharma on Friday said it has received a warning letter from the US health regulator for its Hyderabad-based Unit I, an API (active pharmaceutical ingredient) manufacturing facility.The action follows the recent inspection of the facility by the US Food and Drug Administration (USFDA) in August 2021, the drugmaker said [...]
New Delhi, Jan 14 (PTI) Payment solutions provider AGS Transact Technologies on Friday fixed a price band of Rs 166-175 a share for its initial public offering (IPO). The three-day initial share-sale will open on January 19, and conclude on January 21. The bidding for anchor investors will open on January 18, according to the [...]
