New Delhi, Jan 13 (PTI) Online food delivery platform Zomato on Thursday said it will provide a job to Sucheta Tripathi, wife of its delivery partner Salil Tripathi who died in a road accident last week, and an insurance grant of Rs 10 lakh, besides its employees contributing Rs 12 lakh towards the family's future. [...]
New Delhi, Jan 13 (PTI) A French court has ordered freezing of an Indian government property in Paris on a plea by Devas shareholders who are seeking to enforce a USD 1.3 billion arbitration award over a cancelled satellite contract, according to the court order copy. The court allowed Devas shareholders to register a "Hypotheque [...]
TVS Motor Company announced a strategic partnership with Swiggy to enable the adoption of EVs in Swiggy’s delivery fleet.Swiggy has been pioneering the need for greater EV adoption, with a commitment to make deliveries spanning 8,00,000 kilometres per day through EVs by 2025.TVS’ electric scooter iQube is presently available in 33 cities, including Delhi, Bangalore, [...]
Mumbai, Jan 13 (PTI) School education startup Lead has become the second unicorn this year with a valuation of USD 1.1 billion after USD 100 million (about Rs 740 crore) funding by Westbridge Capital, GSV Ventures and Elevar Equity.Lead has tied up with 5,000 schools across 500 towns/cities and expects to make an annual revenue [...]
• Durex has been supporting Adolescent, Sexual and Reproductive Health (ASRH) through its flagship 'The Birds and Bees Talk Program' in Seven North Eastern States • Launches 'Break The Wall'- a specially curated summit on Safe Sex on National Youth Day • Launches 'ConSenSuality', an initiative focused on educating the youth on their rights and [...]
New Delhi, Jan 13 (PTI) The National Company Law Appellate Tribunal (NCLAT) on Thursday issued notices over the petition filed by e-commerce major Amazon, challenging a recent order passed by the fair trade regulator CCI that suspended the over-two-year-old approval for its deal with Future Coupons Pvt Ltd (FCPL). The appellate tribunal has directed the [...]
New Delhi, Jan 13 (PTI) Yes Asset Management's name has been changed to White Oak Capital Asset Management with effect from January 12.Further, Yes Mutual Fund will now be called White Oak Capital Mutual Fund, Aashish P Sommaiyaa, Chief Executive Officer of White Oak Capital, announced in a tweet on Thursday.He, further, said: "WhiteOakCap has [...]
New Delhi, Jan 13 (PTI) Industrialist Gautam Adani-led Adani Group has signed a pact with South Korea's POSCO to explore business opportunities in sectors like steel, renewable energy among others. Both the entities have signed a memorandum of understanding (MoU) to this effect. In a statement on Thursday, Adani Group said the investment under the [...]
New Delhi, Jan 12 (PTI) Drug major Cipla on Wednesday said its subsidiary InvaGen Pharmaceuticals will continue to hold shares in US-based Avenue Therapeutics despite termination of the stock purchase and merger agreement they inked in 2018. In November 2018, Cipla had announced that InvaGen Pharmaceuticals Inc has entered into definitive agreements to acquire US-based [...]
New Delhi, Jan 12 (PTI) State-owned Nalco on Wednesday said it has successfully put into operation all the 960 pots at its existing smelter plant located in Angul, Odisha. Nalco Chairman and Managing Director Sridhar Patra formally operationalised the 960th pot by virtually switching on the pot from the company's corporate office in Bhubaneswar, the [...]
