New Delhi, Apr 19 (PTI) IT firm Cigniti Technologies has bagged a deal with an annual contract value of over USD 10 million (about Rs 76 crore) from one of the largest and oldest financial services firm in the US to accelerate the digital transformation of the firm, the company said on Tuesday.Without disclosing the [...]
New Delhi, Apr 19 (PTI) Agritech startup Eeki Foods has raised USD 6.5 million (about Rs 49 crore) from investors led by General Catalyst for expansion and growth. Among others, Avaana Capital, Better Capital, Irving Fain, CEO and Founder of Bowery Farming, Subbu Palaniappan, Director & Head of Amazon Prime India, Srinivas Narayanan, former VP [...]
New Delhi, Apr 19 (PTI) The legislation amending the laws governing chartered accountants, cost accountants and company secretaries has received the assent of President Ram Nath Kovind.The bill, which provides for substantial changes and ensures more transparency with respect to the functioning of the apex institutes of the three professions, was cleared by Parliament on [...]
Chennai, Apr 19 (PTI) Angel investment group The Chennai Angels has announced lines of investment worth Rs 6 crore in Jidoka Technologies, which is engaged in automation of visual defects and audio testing, the company said on Tuesday. With Rs 3 crore to be invested in the initial round, a follow-on investment of Rs 3 [...]
New Delhi, Apr 19 (PTI) Ajmera Realty & Infra India Ltd on Tuesday said it will launch six projects in Mumbai and Pune during the next two financial years and it expects to generate sales worth Rs 4,000 crore. In a regulatory filing, the company said it expects "to clock in sales worth around Rs [...]
New Delhi, Apr 19 (PTI) The country's first portable solar rooftop system was inaugurated at Swaminarayan Akshardham temple complex in Gandhinagar on Monday.The installation of 10 PV Port systems in the temple complex has been supported by the German development agency Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ), a statement said.The systems have been installed under [...]
Walmart group's e-commerce firm Flipkart on Tuesday said it has acquired ANS Commerce to strengthen its online retail ecosystem in the country. Post the acquisition ANS Commerce will continue to operate as an independent e-commerce solutions platform under its existing leadership team, Flipkart said in a statement. "Our association with ANS Commerce started last year [...]
AHMEDABAD, India, April 19, 2022 /PRNewswire/ -- Today, Intas Pharmaceuticals Ltd. announced a research collaboration with Comera Life Sciences, Inc., to develop a new generation of bio-innovative biologic medicines to improve patient access, safety, and convenience. Under the terms of the partnership agreement, Comera will develop a differentiated formulation of an Intas product using Comera's [...]
New Delhi, Apr 19 (PTI) The National Pharmaceutical Pricing Authority (NPPA) on Tuesday said it has capped retail prices for 15 formulations used to treat various diseases, including diabetes. The drug pricing regulator said the prices have been fixed after a meeting held in the last week of March. Companies producing these medicines will now [...]
New Delhi, Apr 19 (PTI) Startup electric vehicles (EV) maker Etrio Automobiles Pvt Ltd on Tuesday said an automotive industry veteran, Prabhakar Kadapa, has joined its board of directors. Kadapa served most recently as the CEO & Managing Director (MD) at PSA AVTEC Powertrain Pvt Ltd, a joint venture between PSA Groupe, France and CK [...]