Latest News on Corporate Actions

New Delhi, Dec 17 (PTI) Infrastructure term lender IFCI Ltd on Friday said it has received shareholders' approval to raise up to Rs 1,000 crore in tranches by issuing various securities. The company sought authorisation from the shareholders for making offer to subscribe to securities/raise funds through private placement in one or more tranches up [...]

Mumbai, Dec 17 (PTI) Brookfield India Real Estate Trust (Brookfield India Reit), the country's only institutionally managed public commercial realty vehicle, on Friday agreed to purchase 100 per cent stake in the Noida-based Seaview Developers, that owns Candor TechSpace N2 office park, for Rs 3,970 crore. With this acquisition, Brookfield India Reit's operating area increases [...]

New Delhi, Dec 17 (PTI) Rapid Holdings 2 Pte Ltd on Friday sold shares of India Infrastructure Trust worth Rs 173 crore on Friday, through an open market transaction. On the BSE, it sold 1.72 crore units at an average price of Rs 101. The deal value stood at Rs 173.72 crore. Through a separate [...]

Bhubaneswar, Dec 17 (PTI) The Odisha government on Friday approved steelmaker AMNS India's proposal to set up a 24 mtpa integrated steel plant in Kendrapara district at an investment of Rs 1.02 lakh crore, officials said.The proposal was approved at a meeting of the High-Level Clearance Authority (HLCA), chaired by Chief Minister Naveen Patnaik.The mega [...]

New Delhi, Dec 17 (PTI) In a significant development, the Competition Commission on Friday suspended its more than two-year-old approval for Amazon's deal with Future Coupons and imposed a Rs 202 crore penalty on the e-commerce major for failure to furnish true and complete details about the transaction. The ruling by CCI assumes significance amid [...]

Kochi, Dec 17 (PTI): An e-commerce startup under the Kerala Startup Mission (KSUM), Corner, which provides data-driven customer engagement products for D2C e-commerce stores, has raised Rs 50 lakh through IAN Fund. Corner, a software-as-a-service (SaaS) platform has received the IAN Fund, which invests in innovative companies enabling them broaden their core engineering and customer [...]

New Delhi, Dec 17 (PTI) Auto industry body SIAM on Friday said it has appointed Vinod Aggarwal as its Vice President for the 2021-22 financial year.The Executive Committee of Society of Indian Automobile Manufacturers (SIAM) has elected VE Commercial Vehicles (VECV) MD and CEO Vinod Aggarwal as its new Vice President for the current year [...]

Mumbai, Dec 17 (PTI) The winning consortium of Jet Airways on Friday said it wants to infuse funds in the airline and has approached the NCLT to fast-track implementation of the resolution plan approved by the insolvency court in June this year. The consortium, in a statement, also said it plans to restart domestic operations [...]

New Delhi, Dec 17 (PTI) Telecom operator Bharti Airtel on Friday said it has paid Rs 15,519 crore to the government towards prepayment of its entire deferred liability pertaining to spectrum acquired in the 2014 auction. The company had acquired 128.4 MHz spectrum (including Telenor spectrum) for a consideration of Rs 19,051 crore in the [...]

New Delhi, Dec 17 (PTI) Markets regulator Sebi on Friday said it will auction eight properties of Vishwamitra International Infra on December 27 to recover investors' money. These properties will be auctioned at a reserve price totalling Rs 2.8 crore, the Securities and Exchange Board of India (Sebi) said in a notice. Inviting bids for [...]

Mumbai, Dec 17 (PTI) The winning consortium of Jet Airways on Friday said it wants to infuse funds in the airline and has approached the NCLT to fast-track implementation of the resolution plan approved by the insolvency court in June this year.             The consortium, in a statement, also said it plans to restart domestic [...]

New Delhi, Dec 17 (PTI) IRB Infrastructure Developers Ltd on Friday said it has received a letter of award from the Uttar Pradesh Expressways Industrial Development Authority for developing the Group 1 of Ganga Expressway greenfield project.               The company, in a statement, said it will develop the 129.7-km [...]

Kochi, Dec 17 (PTI) VAAN Electric Moto Private Limited, a lifestyle e-mobility start-up, has held its global launch at the EICMA motorcycle show in Italy. The start-up, helmed by Kerala-based Jithu Sukumaran Nair, intends to bring to the market products, including e-bikes, e-mopeds, e-scooters and even e-boats. "The start-up was born from the idea to [...]

VADODARA, India, Dec. 17, 2021 /PRNewswire/ -- Gujarat Alkalies and Chemicals Limited (GACL) and GAIL (India) Limited (GAIL) have joined hands to set-up a Bioethanol plant of 500 KLD capacity. The Memorandum of Understanding (MoU) for setting up a Bioethanol plant in Gujarat and cooperation in other business areas of mutual interest was signed by [...]

New Delhi, Dec 17 (PTI) National Bank for Financing Infrastructure and Development (NaBFID) Chairman KV Kamath on Friday said the newly created Rs 20,000-crore DFI would commence its lending operation in the first quarter of the next financial year.In October, the government had appointed Kamath as the chairperson of the development finance institution (DFI) for [...]

Chennai, Tamil Nadu, India (NewsVoir) • In the new role, Karunamoorthi will lead investment strategies, risk profiling of new entities and asset performance for the company • Karunamoorthi joins from Northern Arc Capital where he was heading Microfinance & Gold Financial Institutions Credit Risk & Monitoring Anicut Capital, India’s leading investment firm has recently announced [...]

NEW DELHI, Dec. 17, 2021 /PRNewswire/ -- Azure Power (NYSE: AZRE) today announced that it has signed its largest ever Power Purchase Agreements (PPAs) with Solar Energy Corporation of India (SECI) for a capacity of 2,333 MW of ISTS connected solar power projects under the 4 GW manufacturing linked projects. This follows the 600 MW [...]

New Delhi, Dec 17 (PTI) Hindalco Industries on Friday said it has signed a definitive agreement with Norway-based Hydro to acquire the latter's India business of aluminium extrusions for an enterprise value of Rs 247 crore.The acquisition brings into the Hindalco fold, an integrated facility located at Kuppam in Andhra Pradesh, an experienced team of [...]

New Delhi, Dec 17 (PTI) Automaker Skoda Auto on Friday said it will increase prices of its entire product range by up to 3 per cent from January 1, 2022. The company sells models like Kushaq, Kodiak, Octavia mong others in the domestic market. "The decision to increase prices from January 1, 2022, is a [...]

Mumbai | Delhi, India (NewsVoir) • Launched operations in 45 cities within 100 days of receiving seed funding • Unveils plan to hire 900 more employees in 2022, to increase its workforce to 1500 employees Mumbai headquartered Smartr Logistics, a trademark of Smart Express Private Limited, has a robust expansion plan for 2022. The company [...]

New Delhi, Dec 17 (PTI) South Korean auto major Hyundai Motor Company on Friday announced a top level change in its Indian operations with Unsoo Kim slated to take over as Managing Director from January 1, 2022. Unsoo Kim, currently with the parent company in South Korea, will replace Seon Seob Kim (SS Kim) who [...]

Kolkata, Dec 17 (PTI) The board of directors of Linde India has approved a proposal for aggregate capital expenditure of Rs 28.7 crore for sourcing renewable power for its merchant air separation units. The company, in a statement, said it will enter into joint venture agreements with identified solar power generating companies through special purpose [...]

New Delhi, Dec 17 (PTI) Data management solutions provider Veeam Software has appointed Anand Eswaran as its new Chief Executive Officer (CEO) and a member of the Board of Directors. He succeeds William H Largent (Bill Largent), who will step down as CEO to focus on his role as Chairman of the Board of Directors, [...]

- Aims to provide end-to-end financing support for students studying within India or even abroad - The facility covers almost1000 colleges across India and aims at covering 2500+ colleges in the upcoming academic year ensuring access to even the smallest towns GURUGRAM, India, Dec. 17, 2021 /PRNewswire/ -- CollegeDekho, India's largest college admissions and higher [...]

New Delhi, Dec 16 (PTI) Sameer Gehlaut, promoter of Indiabulls Housing Finance, on Thursday sold a nearly 12 per cent stake in the firm through promoter companies to make it a fully professionally managed entity."I have sold 11.9 per cent in the company with a view to make the company a fully professionally managed and [...]

Mumbai, Dec 16 (PTI) Enmovil Solutions, the Hyderabad based logistics tech start-up, has raised Rs 10 crore in pre-Series-A funding round, led by Anicut Angel Fund, KCT Group, Blackbird Investments and RB Investments. The new capital will be used for boosting innovation to deliver advanced technology solutions for field and yard logistics, the Hyderabad start-up [...]

Mumbai, Dec 16 (PTI) Domestic premium electric bike maker EMotorad has expanded its international footprint with the launch of its E-Bikes in Japan and Nepal. The company had earlier entered the UAE market after making a debut in the domestic electric vehicle space. After rolling out its products among Indian and UAE consumers, EMotorad is [...]

New Delhi, Dec 16 (PTI) E-commerce firm Purplle, which deals in beauty and personal care products, on Thursday said it has acquired 100 per cent stake in Indian arm of cosmetics and skincare brand Faces Canada. The deal size was not disclosed. The acquisition adds international makeup product offerings to Purplle's portfolio. "With a strong [...]

Paradip, Dec 16 (PTI) Leading Indian steelmaker JSW has declared a special rehabilitation and resettlement (R&R) compensation package for the would be affected people before going ahead with its plans to set up a Rs 55,000 crore steel plant in Odisha’s Jagatsinghpur district. The R&R compensation package for the project affected people with ration card [...]

Guwahati, Dec 16 (PTI) Cairn Oil and Gas on Thursday announced that it will sell one lakh standard cubic meters per day (SCMD) of natural gas to state-run Assam Gas Company Ltd (AGCL) for distributing it in the state. The two companies have signed an agreement in Guwahati for the gas sale in presence of [...]

New Delhi, Dec 16 (PTI) The overseas arm of NPCI has inked an agreement with Western Union to bolster real-time money transfer to bank accounts in India from foreign countries.This collaboration will enable customers in India to receive international money transfers in real-time into their bank accounts in the country, Western Union said in a [...]

Gurugram, Dec 16 (PTI) South Korean automaker Kia plans to come out with a detailed strategy on electric vehicles for the Indian market next year, a senior company official said on Thursday. The company, which unveiled its all new model -- Carens -- for the Indian market, is considering all aspects related to the electric vehicle [...]

New Delhi, Dec 16 (PTI) Leading food company Britannia Industries has revamped its largest selling biscuit brand Good Day and as part of that, revealed its new identity. Besides, Britannia is also expanding the product portfolio of its most-penetrated brand Good Day by adding three more variants in the premium segment, said its Managing Director [...]

New Delhi, Dec 16 (PTI) Integrated research, development and manufacturing services firm Syngene International on Thursday announced an extension of its multi-discipline research collaboration with Amgen Inc, one of the world's leading biotechnology companies, till 2026.The collaboration of Syngene -- which serves global pharmaceutical, biotechnology, nutrition, animal health, consumer goods and speciality chemical sectors -- [...]

TigerGraph’s Capabilities Allow CareEdge Risk Solutions to Run Real-Time Deep Link Analytics Across Massive Datasets, Delivering New Insights Faster and More Accurately New Delhi, Delhi, India – Business Wire India TigerGraph, provider of the leading graph analytics platform, today announced that it will be delivering new analytical capabilities for CareEdge Risk Solutions to develop the [...]

New Delhi, Dec 16 (PTI) Flue Gas Desulphurisation (FGD) system to control pollution is installed for 1340 MW coal-fired thermal power capacity of NTPC while the work in underway at 38 plants with around 60GW capacity, Parliament was informed on Thursday. Total FGD commissioned capacity of NTPC so far is 1,340 MW, Power Minister R [...]

New Delhi, Dec 16 (PTI) Leading petfood company Mars Petcare India on Thursday announced to invest Rs 500 crore for the expansion of its Hyderabad petfood factory, to meet the rising domestic demand and exports to the Asian markets. Mars Petcare, which owns popular brands – Pedigree, Whiskas, IAMS and Temptations, has signed a memorandum [...]

New Delhi, Dec 16 (PTI) Drug firm MSN Laboratories on Thursday said it has received tentative approval for its generic version of Cangrelor, used in patients undergoing coronary angioplasty to reduce risk of blood clots and heart attack, from the US health regulator. The approval by the US Food and Drug Administration (USFDA) comes close [...]

Mumbai, Dec 16 (PTI) Expanding its countrywide presence, omnichannel fulfilment services provider QuickShift on Tuesday said it has launched its same-day delivery service QS-Rapid in Delhi-NCR. With this, the company will cater to the consumers' growing needs by ensuring all deliveries across the Delhi-NCR region are done within the same day, it said. The service [...]

New Delhi, Dec 16 (PTI) Torrent Pharmaceuticals Ltd on Thursday said its manufacturing facility at Levittown, Pennsylvania in the US has successfully completed inspection by the USFDA. The plant was inspected by USFDA (United States Food and Drug Administration) between December 6 and December 15, 2021. At the end of the inspection, no 'Form 483' [...]

New Delhi, Dec 16 (PTI) Pharmaceutical firm Zydus Cadila on Thursday said its antimalarial compound ‘ZY19489’, which is currently under development with Medicines for Malaria Venture (MMV), has received 'orphan drug designation' from the US Food and Drug Administration.The orphan drug designation provides eligibility for certain development incentives, including tax credits for qualified clinical testing, [...]

New Delhi, Dec 16 (PTI) Edtech firm Adda247 on Thursday said it has acquired UPSC-focused edtech platform StudyIQ Education for about USD 20 million (around Rs 150 crore) in a cash and stock deal. StudyIQ education claims to have an organic subscriber base of over 11 million and gets close to 100 million views a [...]

New Delhi, Dec 16 (PTI) Walton Street BlackSoil Real Estate Debt Fund II (WSBREDF–II) will invest Rs 105 crore in two under construction mid-income housing projects of Pune based realty firm Paranjape Group. The fund has a target corpus of Rs 500 crore and a green-shoe option of up to Rs 250 crore. Both these [...]

Mumbai, Dec 26 (PTI) Smartr Logistics on Thursday said it is looking to more than double its presence to 100 cities with 150 smart service centres by next year.Besides, the company also aims to onboard 1,500 full-time employees in 2022 from 600 at present, it said in a release.Many of these employees will receive attractive [...]

London, Dec 16 (PTI) The University of Oxford has announced plans to establish a new Poonawalla Vaccines Research Building with a funding commitment of GBP 50 million from India’s Serum Life Sciences. Serum Life Sciences is wholly-owned by the Poonawalla family, owners of the Adar Poonawalla-led Serum Institute of India, and the proposed research facility [...]

New Delhi, Dec 16 (PTI) Online travel platform EaseMyTrip on Thursday said it is acquiring YoloBus, a next-generation premium intercity mobility platform, for an undisclosed amount to expand its non-air business.The acquisition includes the brand name of YoloBus, its technology, team, running business and data expertise, the company said in a statement.EaseMyTrip will leverage YoloBus' [...]

Bengaluru, Dec 16 (PTI) BEML Limited has signed a Memorandum of Understanding (MoU) with RITES Limited, a leading transport infrastructure consultancy and engineering company, to explore and jointly bid for opportunities in the fields of Metro systems and export of rolling stock. As part of the MoU, RITES will provide expertise in design, engineering, marketing [...]

Hosur, Tamil Nadu, India: Business Wire India TVS Motor Company and BMW Motorrad today announced that they are extending and expanding their long-term partnership with the joint development of new platforms and future technologies, including Electric Vehicles. Based on this decision, TVS Motor Company’s scope will include the design and development of future BMW Motorrad [...]

Mumbai, Dec 16 (PTI) Consumer products-focused Atomberg Technologies on Thursday announced a USD 20 million fundraise for a new manufacturing facility, in a round led by Jungle Ventures. The round, which takes the overall funds raised by the city-headquartered company to USD 45 million since inception in 2012, also saw participation from Inflexor Ventures, and [...]

New Delhi, Dec 16 (PTI) Tata Power on Thursday said its arm TP Saurya has received a 'Letter of Award' from Maharashtra State Electricity Distribution Company (MSEDCL) for setting up a 300 MW hybrid (wind & solar) project. TP Saurya Ltd (TPSL), a wholly-owned subsidiary of Tata Power, has received this Letter of Award (LoA) [...]

New Delhi, Dec 16 (PTI) Early-stage startup investor Venture Catalysts has plans to invest USD 108 million (around Rs 824 crore) in about 300 startups in 2022. Founded by Apoorva Ranjan Sharma, Anil Jain, Anuj Golecha and Gaurav Jain in 2016, the Venture Catalysts group closed as many as 207 deals in 2021, and invested [...]

New Delhi, Dec 16 (PTI) IT major Infosys on Thursday announced an extension of its digital innovation partnership with the Australian Open (AO) until the end of 2026. The extended collaboration with Tennis Australia will introduce enhanced broadcast match statistics and new initiatives to make tennis more accessible for all, while continuing to develop innovative [...]

With a vast experience in end-to-end product management, Mona brings to the table her expertise in developing products that are loved and valued by customers and now plans to focus on reducing the pain points for startups JAIPUR, India, Dec. 16, 2021 /PRNewswire/ -- TransFunnel Consulting has appointed Mona Chopra as Product Head. With 15 [...]

New Delhi, Dec 15 (PTI) Adani Transmission has inked a share purchase pact with Adani Ports and Special Economic Zone to acquire MPSEZ Utilities (MUL) for Rs 116.27 crore, as per a regulatory filing. MUL was incorporated primarily for distribution of electricity, and effluent and sewage treatment in Mundra SEZ area, Kutch, Gujarat spread across [...]

New Delhi, Dec 15 (PTI) Power Grid Corporation of India Ltd's (PGCIL) board on Wednesday approved an interim dividend of Rs 7 per Rs 10 share for the financial year 2021-22. "The board of directors in its meeting held today i.e. on December 15, 2021, has approved the payment of an interim dividend of Rs [...]

New Delhi, Dec 15 (PTI) Home-grown video streaming platform ZEE5 has entered into a strategic partnership with India's leading content and IP studio Applause Entertainment, a venture of Aditya Birla Group for a multi-show association. The two leading content companies will collaborate to create an original content slate of new ZEE5 originals in Hindi across [...]

New Delhi, Dec 15 (PTI) Amazon India on Wednesday said it now has over 10 lakh sellers on its platform with more than 4.5 lakh new merchants joining the platform in the past two years. More than 90 per cent of the sellers on Amazon.in are local small and medium businesses (SMBs) and over half [...]

New Delhi, Dec 15 (PTI) Switch Mobility, a unit of Ashok Leyland, on Wednesday said it will set up a manufacturing and technology centre at Castilla y Leon in Spain with plans to invest 100 million Euros (about Rs 860 crore) over the next ten years. With already a significant presence in the UK and [...]

New Delhi, Dec 15 (PTI) Sun Pharmaceutical Industries Ltd on Wednesday said it has received final approval from the US health regulator for generic Amphotericin B Liposome injection used in treatment of fungal infections with 180 days of exclusivity. The approval granted by the USFDA to one of the company's wholly-owned subsidiaries of the abbreviated [...]

New Delhi, Dec 15 (PTI) Chemicals maker Anupam Rasayan on Wednesday said it has signed a long-term binding contract worth Rs 135 crore with a Japanese multinational customer for supplying an existing life science-related speciality chemical. The company earlier signed a letter of intent (LoI) for this product with the same customer and now have [...]

Chennai, Dec 15 (PTI) Bengaluru-based Design Cafe, a home interiors' solutions company, on Wednesday said it has launched its first showroom in the city as part of its plan to strengthen footprint in the country. The company inaugurated the experience centre at Anna Salai, spread across 3,500 square foot, as part of the ten-city expansion [...]

New Delhi, Dec 15 (PTI) IT major Infosys on Wednesday said its subsidiary, Infosys Consulting, is acquiring Singtel's delivery centre in Malaysia.The cost of the transaction is "up to 6 million Singapore dollars, including the value of net assets, subject to customary closing adjustments", Infosys said in a regulatory filing.  "As part of a strategic partnership, [...]

MUMBAI and NEW YORK, Dec. 15, 2021 /PRNewswire/ -- Kedaara, a leading private equity firm, today announced the acquisition of a significant majority stake in GAVS Technologies Limited (GAVS). GAVS is an AI-led digital transformation company that focuses on differentiated managed services and product engineering in Healthcare, Retail, BFSI and other verticals. GAVS has grown [...]

New Delhi, Dec 15 (PTI) Tata Power Delhi Distribution Ltd and Hitachi Energy have signed a pact to nurture a talent pool in the power distribution sector. "Tata Power Delhi Distribution Ltd signed a memorandum of understanding (MoU) with global power technology leader Hitachi Energy to conduct trainings in the power distribution sector," according to [...]

New Delhi, Dec 15 (PTI) Ola Electric on Wednesday said it has commenced deliveries of its S1 scooter. The company said it organised special events in Bangalore and Chennai on Wednesday to deliver both S1 and S1 Pro trims to the first 100 customers. "Today is a landmark day for those who have joined the [...]

- The Company has won the award for the 5th year and was felicitated by Shri R.K. Singh, Hon'ble Union Minister of Power and New & Renewable Energy, Govt. of India NEW DELHI, Dec. 15, 2021 /PRNewswire/ -- Voltas Limited, India's No.1 AC Company from the house of Tata's known for its energy efficient products [...]

New Delhi, Dec 15 (PTI) TVS Motor Company on Wednesday and BMW Motorrad on Wednesday announced expansion of their long standing partnership to include joint development of new platforms and future technologies, including electric vehicles. Under the extended scope of partnership, the companies plan to come up with electric vehicle platform in addition to the [...]

New Delhi, Dec 15 (PTI) Realty firm Prestige Group and co-working operator Awfis have expanded their partnership and will set up six more centres, comprising 3 lakh square feet, across major cities with an investment of about Rs 70 crore to meet rising demand of flexible workspace.In February, the two companies had announced setting up [...]

New Delhi, Dec 15 (PTI) JMC Projects Ltd on Wednesday said it has raised Rs 99 crore via issuance of NCDs on private placement basis. "...the management committee of the board of directors of the company at its meeting held today i.e. December 15, 2021 has allotted 990 unsecured, rated, listed, redeemable non-convertible debentures (NCDs)...for [...]

New Delhi, Dec 15 (PTI) Fintech firm Juspay Technologies on Wednesday said it has raised USD 60 million (about Rs 457 crore) in funding led by SoftBank Vision Fund 2.The series C funding round also saw participation from existing investors, VEF and Wellington Management, a statement said.Juspay intends to invest the funds in technology and [...]

New Delhi, Dec 15 (PTI) India has recorded acquisitions of renewable energy projects worth USD 6 billion till October during the calendar year 2021, which is four times of the USD 1.5 billion recorded in 2020, according to a report. "Total value of acquisitions in India's renewable energy sector surged by more than 300 per [...]

New Delhi, Dec 15 (PTI) Blockchain-enabled FairCapacity platform, launched by Social Accountability International (SAI) in India recently, will help strengthen buyer-supplier relationship and improve consumer confidence in Indian apparels, export promotion body AEPC said on Wednesday. The launch of the "platform will further showcase our commitment towards delivering international quality apparels while safeguarding the health [...]

New Delhi, Dec 15 (PTI) Telecom major Reliance Jio and Meta (formerly Facebook) on Wednesday said Jio users will soon be able to recharge their subscription using WhatsApp. Speaking at Meta's Fuel for India 2021 event, Jio Platforms Ltd Director Akash Ambani said Jio and Meta teams are working closely to open more avenues of [...]

Mumbai, Dec 15 (PTI) Bengaluru-based fintech start-up Uni has raised USD 70 million in Series-A funding round led by General Catalyst, with participation from Eight Roads Ventures, Elevation Capital, Arbor Ventures and existing investors Lightspeed and Accel. The funds will be utilised to scale up the team, launch new products and invest further in technology [...]

New Delhi, Dec 15 (PTI) Godrej group's real estate private equity arm Godrej Fund Management (GFM) on Wednesday said it has raised USD 500 million (Rs 3,800 crore) for development of premium office assets.The company announced the final closure of its USD 500 million office development fund, GBTC II."GFM will develop grade-A office assets that [...]

New Delhi, Dec 15 (PTI) State-run power giant NTPC on Wednesday said it has awarded a standalone fuel-cell based green hydrogen microgrid project at Simhadri, in Andhra Pradesh. "NTPC has awarded a project of standalone Fuel-Cell based Micro-grid with hydrogen production using electrolyser in NTPC Guest House at Simhadri (near Visakhapatnam)," a power ministry statement [...]

New Delhi, Dec 15 (PTI) Nutrition product startup Plix on Wednesday said it has raised USD 5 million(around Rs 38 crore) from Guild Capital and RPSG Capital Ventures.The company plans to use the funds for launching several products in the nutraceuticals segment tackling key health concerns and hiring senior leadership talents.   This was series [...]

New Delhi, Dec 15 (PTI) Tata Motors on Wednesday said it has tied up with Bandhan Bank for retail finance for its range of passenger vehicles. As part of the tie-up, Bandhan Bank will provide loans to Tata Motors' customers at an interest rate starting from as low as 7.5 per cent, the automaker said [...]

New Delhi, Dec 15 (PTI) Health-tech startup Pristyn Care on Wednesday said it has raised USD 96 million (around Rs 730 crore) in Series E round. With this funding, the valuation of the startup has more than doubled in the last seven months and is now at USD 1.4 billion, making it the latest digital [...]

New Delhi, Dec 15 (PTI) Former Twitter India Head Manish Maheshwari has quit the company to work on an ed-tech venture.Maheshwari, who had been transferred to the US in August this year, shared the development on a tweet."After close to three years, I am leaving Twitter to dedicate myself to #education and #teaching. While it [...]

New Delhi, Dec 15 (PTI) Auto maker Skoda Auto Volkswagen India on Wednesday said its Managing Director Gurpratap Boparai has resigned from the company with effect from January 1, 2022. Christian Cahn von Seelen will take interim charge of the VW Group's Indian operations from January 1, 2022, in his capacity as Chairman of Skoda [...]