New Delhi, Apr 14 (PTI) Tata Power on Thursday said a consortium led by US-based BlackRock Real Assets will invest Rs 4,000 crore in its subsidiary, Tata Power Renewable Energy Ltd, for over 10 per cent equity stake. Abu-Dhabi-based investment company Mubadala Investment Company (Mubadala) is also part of consortium GreenForest, Tata Power Company said [...]
Mumbai, Apr 14 (PTI) Tata Group chairman Natarajan Chandrasekaran on Thursday said the group's recently launched super app Neu is on an open architecture and it will host non-group brands as well. The Tatas finally launched its super app Tata Neu on April 7, after piloting it for months, but the group chairman claimed there [...]
New Delhi, Apr 14 (PTI) Online travel services provider EaseMyTrip on Thursday said it has witnessed up to 50 per cent increase in advance air ticket bookings for the coming summer period and the long weekend beginning Good Friday. Driven by pent-up demand and the removal of travel restrictions across the globe, the Indian travel [...]
Mahindra & Mahindra on Thursday said it has increased prices of its entire model range by 2.5 per cent with immediate effect. This will result in an increase of Rs 10,000 to Rs 63,000 on the ex-showroom prices across the range, depending upon the model and the variant, the home-grown auto major said in a [...]
New Delhi, Apr 14 (PTI) Bharat Petroleum Corporation Ltd (BPCL) and Microsoft have entered a strategic cloud partnership aimed at accelerating the firm's digital transformation and driving innovation in the oil and gas industry. According to a joint statement, the collaboration seeks to unlock the opportunities that Microsoft's cloud provides to address the unique challenges [...]
Mumbai, Apr 14 (PTI) India Pulses and Grains Association (IPGA) on Thursday announced the appointment of Bimal Kothari as the new chairman with immediate effect. Kothari takes over from Jitu Bheda, who was the IPGA chairman since 2018, the industry body said in a statement. “We have created a well-articulated outlook towards the industry while [...]
BANGALORE, India, April 14, 2022 /PRNewswire/ -- ITILITE, India's fastest growing SaaS-based travel and expense management platform, announced its $29 Million Series C fundraise led by Tiger Global and Dharana Capital along with participation from existing investor Matrix Partners India and Tenacity Ventures. Despite adverse market conditions, ITILITE has seen 5x growth since its Series [...]
New Delhi, Apr 13 (PTI) More WhatsApp users will now be able to make monetary transactions via UPI as the country's payment authorisation body on Wednesday approved an additional six crore users for the messaging platform."With this approval, WhatsApp will be able to expand the service to its 100 million (10 crore) users," the National [...]
New Delhi, Apr 13 (PTI) Two entities -- Linus and GW Crown -- on Wednesday offloaded shares of Mrs Bectors Food Specialities Ltd for an estimated Rs 284 crore through open market transactions. According to bulk deal data available with the National Stock Exchange, Linus sold 46.13 lakh shares of Mrs Bectors at an average [...]
New Delhi, Apr 13 (PTI) Axis Bank is committed to addressing the financial needs of the small and medium enterprises (SMEs) and will ensure their long-term sustainable growth, its MD and CEO said on Wednesday. The country's third largest private sector lender and India SME Forum felicitated as many as 100 businesses at an awards [...]
