Tata group on Thursday launched possibly India's first super app, Tata Neu, that brings together grocery-to-hotel-to-airline ticket booking and medicine on a single platform, rivalling similar products from Amazon and Walmart's Flipkart. In a social media post, Tata Sons Chairman N Chandrasekaran said Tata Neu combines the traditional consumer-first approach of the group with the [...]
Mumbai, Apr 7 (PTI) Chicago-based omni-fulfilment platform ShipBob on Thursday said it has appointed Pramod Jajoo as the senior vice president of Technology and Country Head. The company also announced the launch of its Technology Innovation Hub in New Delhi.Jajoo will lead ShipBob's expansion in India while overseeing all technology advancements the company will undertake [...]
Mumbai, Apr 7 (PTI) Global digital services and product company InfoVision Inc on Thursday said it is planning to hire an additional 2,000 software engineers across its India development centres by 2023.The announcement came after the company experienced an exponential growth in FY22, InfoVision Inc said in a statement.Currently, InfoVision has its presence in five [...]
The Reserve Bank of India on Thursday said existing banks can open digital banking units to offer products and services in both self-served and assisted mode round-the-clock. In the Union Budget, the government announced the setting up of at least 75 such units in 75 districts to commemorate 75 years of the country's independence as [...]
New Delhi, Apr 7 (PTI) Tata Starbucks on Thursday announced a partnership with leading designer and couturier Sabyasachi Mukherjee to launch limited-edition lifestyle drinkware. The 'Sabyasachi + Starbucks' collection will feature a range of lifestyle drinkware including ceramic mugs and stainless-steel tumblers, said a joint statement. As part of the tie-up, both Starbucks and Sabyasachi [...]
New Delhi, Apr 7 (PTI) Walton Street BlackSoil Real Estate Debt Fund II (WSBREDF – II) on Thursday said it has invested Rs 75 crore in Vakratunda Buildcon for construction of a project in Mumbai. Vakratunda Buildcon Pvt Ltd is a joint venture between Shapoorji Pallonji Group and Vakratunda Group. The funds will be utilised [...]
New Delhi, Apr 7 (PTI) AI-enabled content platform Instoried on Thursday said the US-based investment group GEM has committed USD 200 million (about Rs 1,500 crore) investment in the company. GEM will subscribe to the shares of Instoried whenever it goes public within a period of three years, Instoried founder and CEO Sharmin Ali said [...]
New Delhi, Apr 7 (PTI) The Central Power Research Institute (CPRI) has received accreditation from the National Accreditation Board for Certification Bodies (NABCB) to certify certain electrical equipment. With the accreditation, manufacturers who obtain test certificates from CPRI would be able to export their products without the requirement of retesting or authentication by any other [...]
New Delhi, Apr 7 (PTI) Public sector lender Bank of Maharashtra on Thursday said it will divest its entire stake of 4 per cent in India SME Asset Reconstruction Company for nearly Rs 4 crore. Bank of Maharashtra (BoM) has executed a share purchase agreement dated April 6, 2022 for sale of entire equity stake [...]
New Delhi, Apr 7 (PTI) Drug firm Pfizer Ltd on Thursday offered a voluntary retirement scheme (VRS) for its field staff as part of expanding its digital capabilities and revamping talent strategy. Over the past few years, the company has been on a journey to reshape itself into a more growth-oriented and innovative biopharma company, [...]
