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Bombay Shaving Company raises Rs 160 cr in funding

New Delhi, Jan 5 (PTI) Bombay Shaving Company (BSC) has raised Rs 160 crore in a funding round led by Malabar Investments, a hedge fund based in India.The round also saw participation from Patni Advisors, Singularity AMC, and well-known high net-worth individuals (HNIs), the company said."India's leading hair removal brand Bombay Shaving Company (BSC) has [...]

Hughes, Airtel form JV to offer satellite broadband services in India

New Delhi, Jan 5 (PTI) Hughes Communications India (HCIPL), a majority-owned subsidiary of Hughes Network Systems, and Bharti Airtel on Wednesday announced a joint venture to offer satellite broadband services in India. Operational as HCIPL, the entity combines the Very Small Aperture Terminal (VSAT) businesses of both companies to offer flexible and scalable enterprise networking [...]

X0PA AI RAISES $4.2 MILLION IN SERIES A FUNDING TO SCALE AI-POWERED OBJECTIVE B2B HIRING & SELECTIONS SOLUTION

The world's most objective hiring and selections platform plans to expand globally and innovate further with cutting-edge AI. SINGAPORE, Jan. 4, 2022 /PRNewswire/ -- X0PA AI, a leader in AI-powered objective hiring solutions, today announced $4.2 million USD in Series A funding. The investment was led by ICCP SBI Venture Partners (ISVP), with additional funding [...]

JSCL floats tender for e-autos for Jammu smart city

Jammu, Jan 4 (PTI) The Jammu Smart City Ltd (JSCL) has invited tenders for procurement of e-autos as part of smart city projects and is also in the process of floating the tender for e-buses, officials said here.The e-autos are meant for running on new routes identified by the road transport agency and also as [...]

Starlink India head Sanjay Bhargava resigns

New Delhi, Jan 4 (PTI) Starlink India Country Director Sanjay Bhargava has resigned from his position, according to his LinkedIn post. The move comes just weeks after government stated that Starlink Internet Services is not licensed to offer satellite-based internet services in India, and had advised the public not to subscribe to the services that [...]

Ninjacart announces Rs 100-cr ESOP buyback program

New Delhi, Jan 4 (PTI) Ninjacart, an agri-platform which leverages technology to organise the agriculture ecosystem, on Tuesday announced an employee stock ownership plan (ESOP) buyback worth Rs 100 crore. Both current and former employees with vested ESOPs as of December 2021 are eligible to participate in the programme, with the option to sell the [...]

Coal India CMD gets additional charge of finance portfolio

Kolkata, Dec 4 (PTI) Coal India CMD Pramod Agrawal has been given additional charge of director (finance), the company informed the bourses.The ministry of coal has entrusted the additional charge of director (finance) to Pramod Agrawal for six months from December 29, 2021 or till the appointment of a regular incumbent.Bharat Coking Coal Ltd (BCCL) [...]

Airtel Payments Bank gets scheduled bank status from RBI

New Delhi, Jan 4 (PTI) Airtel Payments Bank on Tuesday said it has been categorised as a scheduled bank by the Reserve Bank of India (RBI). With this, Airtel Payments Bank can now pitch for government-issued Requests for Proposals (RFPs) and primary auctions and undertake both central and state government business, besides participating in government-operated [...]
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