by PTI News | Apr 11, 2022 | 2:42 pm | Commodities, Corporate Action, News
New Delhi, Apr 11 (PTI) Reliance Industries Ltd's strong cash flow generation in the 'best in class' old energy business can fund the capex of the new energy business and in turn drive one of the fastest and most profitable net-zero transitions by 2035 amongst large energy companies, Goldman Sachs has said. Billionaire Mukesh Ambani in 2020 [...]
by PTI News | Apr 11, 2022 | 2:31 pm | Corporate Action, News
Mumbai, Apr 11 (PTI) Phablecare, a chronic disease management startup, on Monday said it has raised Rs 187 crore in a funding round led by Kalaari Capital. Aflac Ventures, Digital Horizon and Stride Ventures also participated in the round along with existing investors Omron Ventures, SOSV, Social Starts, and Fresco Capital. The funds raised, which [...]
by PTI News | Apr 11, 2022 | 2:10 pm | Corporate Action, News
Mumbai, Apr 11 (PTI) Global logistics services provider DB Schenker on Monday said it has appointed Kinjal Pande as the new CEO (chief executive officer) for India and the Indian subcontinent with immediate effect. Pande, who succeeded interim CEO Vivek Chopra, brings a wide experience from other leading global forwarders in the logistics industry, the [...]
by PTI News | Apr 11, 2022 | 1:08 pm | Corporate Action, News
New Delhi, Apr 11 (PTI) Hero Lectro, the electric bicycle brand of Hero Cycles, on Monday announced the launch of its platform to enhance direct-to-consumer (D2C) sales, besides strengthening its overall omni-channel presence. The company said consumers can shop for its complete range of e-cycles and cargo e-bikes directly from its website -- herolectro.com, besides [...]
by PTI News | Apr 11, 2022 | 1:06 pm | Corporate Action, News
Mumbai, Apr 11 (PTI) EV solutions company Magenta in association with Euler Motors is planning to deploy 1,000 e-cargo three-wheelers in cities such as Bengaluru, Hyderabad and Chennai in coming months. Besides providing charging infrastructure for electric vehicles (EVs) in the country, Magenta owns EVET brand of electric vehicles. Electric commercial vehicle maker Euler offers 688-kg [...]
by PTI News | Apr 11, 2022 | 1:04 pm | Corporate Action, News
Agartala, Apr 11 (PTI) The Northeast Frontier Railway (NFR) has a plan to provide direct train connectivity to the proposed Integrated Check Post (ICP) at Sabroom, a border sub-division of South Tripura district to ensure seamless cargo facility. A team of senior NFR officials held a meeting recently with state government officials, representatives of Land [...]
by PTI News | Apr 11, 2022 | 12:45 pm | Corporate Action, News
BANGALORE, India , April 11, 2022 /PRNewswire/ -- Bangalore headquartered Menterra Venture Advisors today announced the first close of its Menterra Social Impact Fund II. The first close of this fund is being announced with commitment of approximately Rs.227Cr (~US$30MM). The target fund corpus is Rs.750Cr (~US$100MM) which includes a green shoe option of Rs.250Cr [...]
by PTI News | Apr 11, 2022 | 12:28 pm | Corporate Action, News
Mumbai, Apr 11 (PTI) EV solutions company Magenta in association with Euler Motors is planning to deploy 1,000 e-cargo three-wheelers in cities such as Bengaluru, Hyderabad and Chennai in coming months. Besides providing charging infrastructure for electric vehicles (EVs) in the country, Magenta owns EVET brand of electric vehicles. Electric commercial vehicle maker Euler offers 688-kh [...]
by PTI News | Apr 11, 2022 | 11:51 am | Corporate Action, News
New Delhi, Apr 11 (PTI) The Isprava Group, which is into luxury housing and hospitality businesses, on Monday said it has raised USD 130 million (about Rs 985 crore) from investors to grow its business. The funding round was led by family offices including the Nadir Godrej Family Office, the Burman Family Office and others, a [...]
by PTI News | Apr 11, 2022 | 10:49 am | Corporate Action, News
• Initiative to help increase India's Life Insurance Rural Penetration from 8 -10% currently * • CSC to distribute Tata AIA Life's POS Smart Income Plus plan, which offers the dual advantage of savings and protection MUMBAI, India, April 11, 2022 /PRNewswire/ -- As part of its effort to deliver much-needed life insurance protection cover [...]
