BharatPe has sacked its head of controls Madhuri Jain Grover - wife of embattled co-founder Ashneer Grover - for alleged financial irregularities ranging from producing fake invoices to billing the company for personal beauty treatment and trips abroad. While a company spokesperson confirmed the termination, sources with direct knowledge of the matter said BharatPe has [...]
New Delhi, Feb 23 (PTI) Bharti Airtel CEO Gopal Vittal on Wednesday made a strong pitch for giving out E-band backhaul spectrum with 5G radiowaves while cautioning that not doing so could put the 5G game in "serious jeopardy". Airtel's top boss, Vittal, also flagged issues on Right of Way, Services Level Agreement (SLAs) around [...]
The company aims to establish itself as a finance bank that aids the needy. February 2022: Prayatna microfinance, that offers monetary services to low-income families was established in 2017 and since then the organization has been working relentlessly to contribute to building an Aatmanirbhar Bharat (self-reliant India). The organization has adopted the Joint liability group [...]
New Delhi, Feb 23 (PTI) Adani Enterprises Ltd on Wednesday announced divestment of its entire stake in DC Development Hyderabad Pvt Ltd and Naida Data Center (NDCL) to AdaniConnex Pvt Ltd. Consequently, DC Development Hyderabad and NDCL have ceased to be wholly-owned subsidiaries of the company, Adani Enterprises said in a filing to BSE. "The [...]
Mumbai, Feb 23 (PTI) Pricol Limited on Wednesday announced a strategic technology partnership with Sibros Technologies to deliver deep connected vehicle solutions in the domestic and ASEAN markets. The California-based Sibros provides Over-the-Air (OTA) connected vehicle software systems for OEMs worldwide. "We believe that the next generation of connected vehicles will be software and data-intensive, [...]
New Delhi, Feb 23 (PTI) Logistics management platform Shipsy has raised USD 25 million in a Series-B round co-led by A91 Partners and Z3 Partners along with existing investors Info Edge and Sequoia Capital India's Surge, the company said. The company plans to use the funding to continue growing in the Middle East, India and [...]
MUMBAI, FEB 23 (PTI) Money Market Operations as on FEB 22 2021 (Amount in ? crore, Rate in Per cent) VOLUME Weighted MONEY MARKET (ONE LEG) Average Rate Range A. Overnight Segment 5,40,283.56 3.46 1.55-5.45 I. Call Money 7,665.85 3.32 2.20-3.65 II. Triparty Repo 4,09,983.10 3.45 3.05-3.54 III. Market Repo 1,22,609.61 3.51 1.55-3.65 IV. Repo [...]
BANGALORE, India, Feb. 23, 2022 /PRNewswire/ -- EnrichVideo, a leading provider of customer engagement technologies for the financial services industry, today announced that Umesh Kulkarni has joined as Chief Technology Officer (CTO). Umesh is an industry veteran with over 25 years of experience and has led technology and product teams in diverse areas from datacom, [...]
MUMBAI, India, Feb. 23, 2022 /PRNewswire/ -- Exponentia.ai has announced that it has raised funding from Investors - Mr. Amit Midha, President - Dell Technologies and Technog Solutions. The funds will be used to strengthen Exponentia's offerings in the AI space and expand to new geographies. A significant part of the funds will also be [...]
New Delhi, Feb 23 (PTI) Tata group's realty firm Tata Housing on Wednesday announced an investment of USD 36 million (around Rs 270 crore) to develop two luxury residential projects in Maldives. The company will construct around 117 housing units in these two projects. In a statement, Tata Housing said it has launched another international [...]
