New Delhi, Jan 8 (PTI) Tiger Global-backed Groww on Saturday said Microsoft chief executive officer Satya Nadella has joined the company as an investor and advisor. "Groww gets one of the world's best CEOs as an investor and advisor. Thrilled to have @satyanadella join us in our mission to make financial services accessible in India," [...]
Mumbai, Jan 8 (PTI) S D Polymer FZE, subsidiary of S D Polymer, on Saturday said it has signed an agreement with Dubai-based AI Composites Materials FZE for expanding polymer compounding facilities in the Middle East. Under this Memorandum of Understanding (MoU), both the company will invest proportionally in the Middle East to expand the [...]
New Delhi, Jan 8 (PTI) Equitas Holdings Ltd will divest its entire stake in subsidiary Equitas Technologies Pvt Ltd (ETPL) as part of the requirement for the merger with Equitas Small Finance Bank (ESFB). As part of the RBI's licensing conditions, being the promoter of ESFB, the boards of Equitas Holdings and ESFB had in [...]
New Delhi, Jan 8 (PTI) Angel investor network Agility Ventures on Saturday said it has received approvals from markets watchdog Sebi for an angel fund with a total corpus of Rs 450 crore (USD 60 million) that will be deployed over the next 3-4 years. Agility Ventures network invests in startups or early-stage businesses in [...]
New Delhi, Jan 8 (PTI) CSB Bank on Saturday said its managing director and chief executive C VR Rajendran has decided for an early retirement on health grounds, and the lender will set up a committee to find a successor. This is to inform you that the bank's board in its meeting held on January [...]
New Delhi, Jan 8 (PTI) Apex exporters body FIEO has inked an initial pact with digital platform provider RebelCorp to help MSME exporters create their own websites at affordable cost and expand business. Saad Khan, Founder and COO of Mumbai-based startup RebelCorp said the company will help the exporters create a portal which can be [...]
Mumbai, Jan 8 (PTI) Education infrastructure startup Teachmint on Saturday said it has partnered with the Punjab government to provide its teaching platform to over 500 government schools in the state and enable them to run their classrooms efficiently.In the first phase of the partnership, schools in Pathankot will be able to digitise their operations [...]
Kochi, Jan 8 (PTI) Indian e-Mobility startup, VAAN Electric Moto pvt Ltd, has raised Rs 6 crore from Asian Energy Services Limited, an oil and gas services company. VAAN which began its operation in 2019 is recognised worldwide as an Indian Life Style E-mobility startup which intends to bring to the market the products, including [...]
Guwahati, Jan 7 (PTI) The Assam government and National Dairy Development Board on Friday signed an agreement to create a Rs 2,000-crore joint venture for holistic development of the sector in the state. A Memorandum of Understanding was signed in Guwahati in the presence of Union Animal Husbandry & Dairying Minister Parshottam Rupala, Assam Chief [...]
New Delhi, Jan 7 (PTI) Biocon Biologics, a subsidiary of biotechnology major Biocon, on Friday said the US health regulator has not approved an application for Insulin Aspart filed by its partner Viatris Inc. "The USFDA has issued a complete response letter (CRL) for the biologics licence application (BLA) for Insulin Aspart filed by our [...]