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SJVN to enter power trading business, says its CMD

New Delhi, Jan 11 ( PTI) State-owned SJVN Ltd on Tuesday said it will start power trading following the grant of a licence in this regard to it by the Central Electricity Regulatory Commission (CERC). "Central Electricity Regulatory Commission (CERC) has granted a trading licence to SJVN Ltd for the inter-state trading of electricity. The [...]

Adani Power board appoints Shersingh B Khyalia as its CEO

New Delhi, Jan 11 (PTI) Adani Power's board on Tuesday approved the appointment of Shersingh B Khyalia as the company's chief executive officer (CEO) with effect from January 11, 2022. "Board of directors of the company, at its meeting held on January 11, 2022, has considered and approved the appointment of Shersingh B Khyalia as [...]

OPTEL ACQUIRES PHARMA TRACK-AND-TRACE UNIT OF KÖRBER

QUÉBEC and HAMBURG, Germany, Jan. 11, 2022 /PRNewswire/ -- OPTEL GROUP, already a world leader in supply chain traceability, is expanding its expertise and global reach with the recent acquisition of the track-and-trace unit of the Körber Business Area Pharma, formerly known as Traxeed, based in Germany. Körber is a leading international technology group. The [...]

True North exits analytics co Actify by selling stake to Voxco

Mumbai, Jan 11 (PTI) Homegrown private equity player True North on Tuesday said it has fully exited Actify Data Labs by selling stake to global omnichannel survey platform Voxco for an undisclosed sum. The Bengaluru-headquartered Actify was incubated by True North in 2018 and pitches itself as an augmented intelligence player delivering rapid business impact [...]

HomeLane concludes ESOP buyback worth Rs 27 cr

Mumbai, Jan 11 (PTI) Tech-enabled interior design solutions provider HomeLane on Tuesday said it has concluded its Employee Stock Option Plan (ESOP) buyback worth Rs 27 crore.This is the second time ESOPs have been bought back by the company, and this round was initiated as part of its recent Series E investment led by IIFL [...]

Policy should be pro-innovation, light touch, says Niti Aayog CEO

New Delhi, Jan 11 (PTI) Niti Aayog CEO Amitabh Kant on Tuesday said the country's policies need to be pro-innovation, light touch and progressive, as also they should be benchmarked against the world's best. Speaking at an event organised by Microsoft India, Kant pointed out India is creating three unicorns a month.  "My view is [...]

Cropin partners with Heaven Sprout Foods to accelerate digitisation in Latin American agri-ecosystem

Mumbai, Jan 11 (PTI) AI-led agri-tech firm Cropin on Tuesday announced that it has entered into a strategic partnership with Heaven Sprouts Foods to accelerate digitisation in Latin America’s agriculture ecosystem.With this partnership, Cropin will grow its focus on enabling agri-businesses in the Latin American region, adopt and drive digitisation across their operations, according to [...]

Oye Rickshaw plans to deploy over one lakh e-rickshaws this year, expand ops to 25 new cities

Mumbai, Jan 11 (PTI) Matrix Partner-backed EV mobility firm Oye Rickshaw on Tuesday said it is planning to deploy over 1,00,000 e-rickshaws and expand operations to 25 new cities by this year.With over 10,000+ e-rickshaws, the micro-mobility company offers its services in Delhi NCR, Uttar Pradesh and Haryana.With 2022 set to be the year of [...]

Timex Group India Ltd. granted manufacturing & distribution rights for Guess & Gc branded watches in India

NEW DELHI, Jan. 11, 2022 /PRNewswire/ -- Trusted watchmaker Timex Group India Ltd. has sealed agreements with Timex Nederland B.V (Sequel Division) for the grant of manufacturing and distribution rights of "Guess" & "Gc" branded watches for the territory of India. The deal is a significant win for Timex Group India given Guess & Gc [...]
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