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 [...]
New Delhi, Jan 12 (PTI) The National Company Law Appellate Tribunal (NCLAT) will on Thursday hear a petition filed by e-commerce major Amazon challenging a recent order of fair trade regulator CCI that suspended an over two-year-old approval for its deal with Future Coupons. Amazon’s petition is scheduled to be heard by a two-member bench [...]
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 [...]
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 [...]
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 [...]
New Delhi, Jan 12 (PTI) The board of directors of Tata Consultancy Services (TCS) on Wednesday approved an up to Rs 18,000 crore share buyback at Rs 4,500 per scrip. The offer price of Rs 4,500 per share is about 16.6 per cent higher than Wednesday's closing level of Rs 3,857.25 on the BSE. "...the [...]
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 [...]
New Delhi, Jan 12 (PTI) Markets regulator Sebi will auction properties of Kerala Housing Finance at a reserve price of Rs 1.3 crore on February 4 to recover dues. The properties to be put on sale include land parcels and flats situated in Kerala, along with an Ashok Leyland AC Semi Deluxe [...]
New Delhi, Jan 12 (PTI) Animal health firm SeQuent Scientific on Wednesday said it has increased its stake in Brazil-based Evance Group to 100 per cent. The company, through its principal operating company Alivira Animal Health, has completed the consolidation of its Brazilian operations by increasing its shareholding in Evance Group by 30 per cent [...]
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 [...]