by PTI News | Feb 16, 2022 | 4:55 pm | Corporate Action, News
New Delhi, Feb 16 (PTI) India-focused offshore funds and exchange-traded funds (ETFs) witnessed a net outflow of USD 435 million in three months ended December 2021, making it the 15th consecutive quarter of withdrawal, according to a Morningstar report released on Wednesday. This was way higher than the net outflows of USD 95 million registered [...]
by PTI News | Feb 16, 2022 | 4:23 pm | Corporate Action, News
Mumbai, Feb 16 (PTI) Actyv.ai, a SaaS-based enterprise platform with focus on buy-now-pay-later model of funding for small businesses, has raised USD 5 million (around Rs 38 crore) from Dubai-based 1Digi Investment and the family office of Raghunath Subramanian, who is also the chief executive of the startup. The funds raised in the pre-series A [...]
by PTI News | Feb 16, 2022 | 4:16 pm | Corporate Action, News
New Delhi, Feb 16 (PTI) Global real estate firm Hines, which has a major presence in India, has promoted Laura Hines-Pierce as the co-CEO of the firm.She joins father Jeff Hines as co-leader of the firm, the US-based company said in a statement.Laura Hines-Pierce has served as Hines' senior managing director in the office of the [...]
by PTI News | Feb 16, 2022 | 3:13 pm | Corporate Action, News
Mumbai, Feb 16 (PTI) Admitting that Vistara fell short of customers' expectations in the last few months, its Chief Executive Officer Vinod Kannan has said the airline is addressing some of the gaps on a war footing while many changes and enhancements are in the offing. Kannan, in a letter to customers, acknowledged that the recent [...]
by PTI News | Feb 16, 2022 | 3:03 pm | Corporate Action, News
New Delhi, Feb 16 (PTI) Homegrown direct selling firm Vestige Marketing Pvt Ltd on Wednesday announced its foray into the African market with the launch of operations in Ghana. The company will offer a range of health and wellness products from its health supplements, personal care, home care and oral care categories in the initial [...]
by PTI News | Feb 16, 2022 | 2:51 pm | Corporate Action, News
Mumbai, Feb 16 (PTI) The diversified Tata Group touches every online shopper with existing consumer brands and the attempt of Tata Digital will be to bring together all the assets under a single value proposition, the new outfit's president Mukesh Bansal said on Wednesday. The group -- which will be competing head on with Mukesh [...]
by PTI News | Feb 16, 2022 | 2:33 pm | Corporate Action, News
The new 110,000 square foot data center will offer up to 20 MVA of gross power capacity and up to 10MW of IT load BENGALURU, India, Feb. 16, 2022 /PRNewswire/ -- Web Werks, a leading player in the Indian Data Center and Cloud Services market, has announced the acquisition of an industrial building which will [...]
by PTI News | Feb 16, 2022 | 1:30 pm | Corporate Action, News
(Eds: Correcting figure in first para) Kolkata, Feb 16 (PTI) Insuremile has raised pre-seed funding of USD 3,50,000 from two Kolkata-based investors with an aim to take insurance services to the hinterland while empowering over 200 million gig-workforce in the country.The funding was from Ambuja Neotia Group Director Parthiv Neotia, and Indus Net Technologies CEO [...]
by PTI News | Feb 16, 2022 | 1:19 pm | Corporate Action, News
New Delhi, Feb 16 (PTI) Udaan, the B2B eCommerce platform, on Wednesday announced an ESOP policy covering all employees and said future allocations will vest every quarter, as it removed the standard one-year cliff. The one year 'cliff' period is a prevalent industry practice that requires employees to wait for a year for their employee [...]
by PTI News | Feb 16, 2022 | 12:30 pm | Corporate Action, News
New Delhi, Feb 16 (PTI) Mankind Pharma on Wednesday said it has inked a pact with Dr Reddy's Laboratories to acquire two brands -- Combihale and Daffy. While Combihale is used for the treatment of asthma and chronic obstructive pulmonary disease, Daffy is a soap-free moisturising bar for infants. Mankind Pharma said the market for [...]
