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Precision Shipyard land to boost shipbuilding capability : TWL

Kolkata, Jan 12 (PTI) Titagarh Wagons Limited (TWL) Wednesday said it has acquired land and infrastructure of Precision Shipyard located at Falta in West Bengal which will be used to boost its ship building capacity and execute the Rs 400 crore order book. The land and facility was acquired under an auction sale by Union [...]

Sebi grants recognition to CDSL Ventures as accreditation agency

New Delhi, Jan 12 (PTI) Markets regulator Sebi on Wednesday said it has granted recognition to CDSL Ventures as an accreditation agency. With the recognition, CDSL Ventures will be able to issue accreditation certificates to "accredited investors".CDSL Ventures is a wholly-owned subsidiary of depository CDSL.       The recognition to CDSL Ventures has been granted [...]

Rooter raises $25 mn from Lightbox, March Gaming, others

New Delhi, Jan 12 (PTI) Game streaming and e-sports platform Rooter on Wednesday said it has raised USD 25 million (about Rs 185 crore) in funding led by Lightbox, March Gaming and Duane Park Ventures.9Unicorns, ADvantage, Capital-A, and Goal Ventures also participated in the series A funding round along with existing investors, including IeAD Sports [...]

Wipro expects to hire about 30,000 freshers in FY23

New Delhi, Jan 12 (PTI) Wipro on Wednesday said it expects to hire about 30,000 freshers in FY23, as the IT services major strives to ensure that supply is not a constraint in managing the robust demand environment.Amid the fast-spreading Omicron variant of the COVID virus, the company remains "very vigilant", CEO and Managing Director [...]

Curefoods raises $62 million from Chiratae Ventures, others

New Delhi, Jan 12 (PTI) Curefoods, a delivery-only restaurant chain operator, on Wednesday said it has raised USD 62 million (nearly Rs 460 crore) from investors, including Iron Pillar, Chiratae Ventures and Flipkart co-founder Binny Bansal.Sixteenth Street Capital and Accel Partners also participated in the funding round, in which USD 52 million were raised as [...]

Ashok Leyland partners with Aidrivers to develop AI-enabled autonomous vehicles

Mumbai, Jan 12 (PTI) Commercial vehicle maker and Hinduja Group flagship firm Ashok Leyland has partnered with Aidrivers for the development of artificial intelligence-enabled autonomous vehicles. Aidrivers founder Rafiq Swash said the company provides autonomous mobility solutions for industrial mobility automation which optimise clients' business operations and enable the delivery of quality services. The two [...]
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