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CIL’s Apr-Dec capex up 37 pc at Rs 10,717 cr

New Delhi, Jan 5 (PTI) State-owned CIL on Wednesday said it has incurred a capex of Rs 10,717 crore in the April-December period of the ongoing fiscal, registering a 37.4 per cent year-on-year growth. The capex of Coal India Ltd (CIL) during April-December period of the last fiscal was at Rs 7,801 crore, according to [...]

Entod Pharma commences production of Molentod for treating COVID-19

New Delhi, Jan 5 (PTI) Entod Pharmaceuticals on Wednesday said it has commenced production of Molentod, its version of Molnupiravir, for the treatment of COVID-19. The Mumbai-based company said it aims to make the product available as early as possible and that its first batch is already under production. Molentod will be available at retail [...]

Delta Capita acquires JDX Consulting to create one of the largest specialist Capital Markets consulting and managed service providers

LONDON, Jan. 5, 2022 /PRNewswire/ -- Delta Capita continues to strengthen its capability and accelerate growth with the acquisition of JDX Consulting. The acquisition establishes Delta Capita as a significant force in global managed services and consulting in Capital Markets, leveraging its bank as a service 'one bank' infrastructure platform. Delta Capita is the Financial [...]

Hero Electric partners with SpareIt for EV service hubs

Mumbai, Jan 5 (PTI) Electric two-wheeler maker Hero Electric has partnered with automotive aftermarket multi-sided platform SpareIt to train private garage owners and use their network as EV service hubs.As part of the collaboration, SpareIt will offer these garages as private garage owners (PGO) for Hero Electric's B2B and B2C clients, a release said on [...]

TVS Motor Company Appoints Professor Venkat Viswanathan as Technical Advisor for Electric Mobility

Hosur, Tamil Nadu, India (NewsVoir) TVS Motor Company, a reputed two-wheeler and three-wheeler manufacturer globally, today announced the appointment of Professor Venkat Viswanathan as Technical Advisor for Electric Mobility at TVS Motor Company. Prof. Viswanathan is currently an Associate Professor of Mechanical Engineering at Carnegie Mellon University and is a global leader in advanced batteries [...]

JSL supplies 2,000-tonne stainless steel for Kanpur Metro Project

New Delhi, Jan 5 (PTI) Jindal Stainless Limited (JSL) on Wednesday said it has supplied 2,000-tonne steel for the Kanpur Metro Project, inaugurated by Prime Minister Narendra Modi last week.On December 28, the Prime Minister inspected the Kanpur Metro Rail Project and undertook a metro ride from the IIT metro station to Geeta Nagar."The PM [...]

Living Food raises USD 7.5 mn in funding round led by Amasia

New Delhi, Jan 5 (PTI) Living Food, a first-party marketplace platform focused on fresh food, on Wednesday said it has raised USD 7.5 million (around Rs 55.8 crore) in a funding round led by Amasia. Other investors in the Series A round include SOSV, Blume Founders Fund, and notable angels including Xander Group founder Sid [...]
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