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Braithwaite aims at Rs 2,500cr revenue, IPO by FY’26

Kolkata, Jan 13 (PTI) State-run Braithwaite & Co Ltd is aiming at a four-fold increase in its revenue to Rs 2,500 crore and planning to hit the capital market with an Initial Public Offer by the 2025-26 fiscal, a top company official said on Thursday. The public sector undertaking has made a turnaround in the [...]

Need to make our growth much more equitable: Niti VC Kumar

Mumbai, Jan 13 (PTI) The country needs much more 'equitable' growth as inequality could lead to tensions in society, Niti Aayog Vice-Chairman Rajiv Kumar said on Thursday. Kumar further said the country's democracy will not permit the kind of K-shaped growth it has seen in the past, where different sections of the population have been [...]

Business briefs

*apna.co inks MoU with THSC to provide opportunities to professionals in travel, tourism sector Mumbai, Jan 13 (PTI) Professional networking and jobs platform apna.co on Thursday said it has signed an agreement with the Tourism & Hospitality Skill Council (THSC) to empower professionals in travel, tourism and hospitality sectors.Under this agreement, apna.co will support THSC [...]

India, UK formally launch FTA negotiations; likely to conclude by year-end

New Delhi, Jan 13 (PTI) India and the UK on Thursday formally launched negotiations for the proposed free-trade agreement (FTA), which is expected to help double bilateral trade to over USD 100 billion by 2030 and boost economic ties between the two countries. It was launched by Commerce and Industry Minister Piyush Goyal and UK [...]

Labour ministry dismisses reports of workers’ exodus amid third wave

New Delhi, Jan 13 (PTI) The labour ministry has dismissed as "untrue" media reports of mass exodus of workers, especially migrant labour, to their home states amid the third wave of COVID-19. It further said the Centre as well as state governments are keeping a close watch on the scenario and are fully prepared to [...]

Innoterra partners with Agri Entrepreneur Growth Foundation to help smallholder farmers

New Delhi, Jan 13 (PTI) Innoterra, a food and tech platform firm, on Thursday said it has partnered with Agri Entrepreneur Growth Foundation (AEGF) to serve smallholder farmers through their network. AEGF has been set up by Tata Trusts, IDH Sustainable Trade Initiative, and Syngenta Foundation, the company said in a statement. Around 5,00,000 smallholder farmers are associated with AEGF. The partnership [...]

Guidelines for telcos’ dues conversion into equity likely in a month: Official

New Delhi, Jan 13 (PTI) The government is expected to come out with detailed guidelines for conversion of interest payment liabilities of telecom players into equity within a month, a senior official said on Thursday. Under the telecom reforms package announced last year, three debt-ridden telcos -- Vodafone Idea Ltd (VIL), Tata Teleservices Ltd (TTSL) [...]

Infosys shares climb 1 pc post earnings

New Delhi, Jan 13 (PTI) Shares of Infosys on Thursday jumped 1 per cent after the company reported a near 12 per cent rise in the December quarter net profit and raised its annual revenue forecast. Shares of the company gained 1.03 per cent to settle at Rs 1,897 apiece on BSE. During the day, [...]
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