New Delhi, Apr 22 (PTI) Tech titan Apple on Friday announced a partnership to protect the crucial mangrove ecosystem and the livelihoods that depend on it in Raigad district of Maharashtra, in line with its efforts to support communities around the world most impacted by climate change. Towards this, Apple awarded a grant to the [...]
Kolkata, Apr 21 (PTI) GAIL, its JV company Bengal Gas Co and Hindustan Petroleum Corporation Ltd’s combined investment in various CNG projects in West Bengal will be Rs 17,000 crore over the next five years, senior officials said on Thursday.The projects include piped gas distribution and setting up of Compressed Natural Gas (CNG) stations. Availability [...]
Mumbai, Apr 21 (PTI) Vedanta Aluminium on Thursday said it has hired seven transgender employees at its subsidiary Bharat Aluminium Company (BALCO). Four of them have been engaged in forklift operations at cast house and three others in security function at Chhattisgarh-based BALCO, Vedanta Aluminium said in a statement. According to the statement, this is [...]
Mumbai, Apr 21 (PTI) Telecom service operator Airtel on Thursday urged the government not to charge high fees for allotting 5G spectrum, saying a faster roll out of the next-generation telecommunication network can have more benefits than collecting revenue in upfront cost. Sunil Bharti Mittal, chairman of Bharti Enterprises which runs the country's second largest [...]
NEW DELHI, April 21, 2022 /PRNewswire/ -- HarperCollins is delighted to announce its acquisition of the keenly anticipated new book by bestselling author, Ashwin Sanghi - India's master storyteller with more than a million copies of his books sold in print in English and other Indian languages. HarperCollins India will publish his next novel (Book [...]
New Delhi, Apr 21 (PTI) Diversified entity ITC on Thursday said it will acquire 10.07 per cent stake in Blupin Technologies, the company behind direct-to-consumer(D2C) brand, Mylo for up to Rs 39.34 crore. The investment in Mylo is part of a USD 17 million (nearly Rs 130 crore) raised by Blupin Technologies in a Series [...]
New Delhi, Apr 20 (PTI) Dismissing the contention that currency devaluation encourages exports, Commerce and Industry Minister Piyush Goyal on Wednesday said weakening of the rupee would not be in the nation's interest in the long run. He also said it is important for India to expand exports significantly and encourage investments to increase foreign [...]
Mumbai, Apr 20 (PTI) Edu-fintech startup Financepeer has mopped up USD 31 million (about Rs 235 crore) in Series-B funding led by US-based venture capital fund QED Investors, domestic investor Aavishkaar Capital and Ardent Ventures.This is the second funding for the city-based startup, which is the industry leader with over 40 per cent externally-funded education [...]
Mumbai, Apr 20 (PTI) Mid-tier IT company Mastek is aiming for a nearly four-fold growth in its top line to a yearly rate of USD 1 billion by 2026 or early 2027 through a mix of both organic growth and acquisitions, a senior official said on Wednesday.The city-headquartered company, which had cash of over Rs [...]
New Delhi, Apr 20 (PTI) Alembic Pharmaceuticals on Wednesday said it has received approval from the US health regulator to market lvabradine tablets, used to treat heart failure, in the American market. The company has received tentative approval from the US Food & Drug Administration (USFDA) for its abbreviated new drug application (ANDA) for lvabradine [...]