London, Apr 28 (PTI) Mukesh Ambani led Reliance Industries is considering a joint bid with US buyout firm Apollo Global Management for Britain's well-known retailer Boots, according to a UK media report on Thursday.According to ‘The Financial Times’, the American private equity firm is working with one of India’s richest businessmen on a bid for [...]
New Delhi, Apr 28 (PTI) Shares of Bajaj Auto dipped nearly 2 per cent on Thursday after the company reported a 2 per cent decline in consolidated net profit for the fourth quarter ended March 2022. Bajaj Auto stock declined 2.58 per cent to Rs 3,804.80 during the day on the BSE. It finally ended [...]
Vedanta Ltd on Thursday reported about 5 per cent decline in its consolidated profit after tax (PAT) at Rs 7,261 crore in the March 2022 quarter on account of higher expenses. Its PAT was Rs 7,629 crore in the same quarter of 2020-21, Vedanta Ltd said in a press statement. However, during the January-March period, [...]
Chennai, Apr 28 (PTI) CAMSfinserv, a wholly owned subsidiary of Computer Age Management Services Ltd (CAMS), on Thursday said it has collaborated with IT giant Microsoft to develop a robust technology foundation for the Account Aggregator marketplace to accelerate digital transformation in the country. CAMSfinserv and Microsoft would work jointly to empower the Account Aggregator [...]
Chennai, Tamil Nadu, India (NewsVoir) Kauvery Hospital Chennai, a unit of Kauvery Group of Hospitals, a leading multispecialty healthcare chain in Tamil Nadu, announced the adoption of the latest remote monitoring solution to continuously monitor the health of patients shifted from ICU (Intensive Care Unit) to the wards. ‘State of the art’ wireless bio sensors [...]
New Delhi, Apr 28 (PTI) Shares of Mahindra Lifespace Developers Ltd on Thursday pared all its early gains and ended nearly 1 per cent lower. In early trade, it had jumped nearly 8 per cent after the company reported a consolidated net profit of Rs 154.5 crore for the last fiscal. The stock had gained [...]
Gurgaon, Haryana, India (NewsVoir) • Eminent airline partners include Vistara, SpiceJet, and Indigo • Major online travel companies on-board are ixigo, MakeMyTrip, Goibibo, EaseMyTrip, Yatra, AbhiBus, Zing Bus MobiKwik, one of the largest mobile wallets and the largest Buy Now Pay Later (BNPL) FinTech company in India, has announced a collaboration with renowned partners in [...]
SBI Life Insurance (SBI Life) on Thursday reported a 26.3 per cent rise in its net profit at Rs 672 crore for quarter ended March 2022. The life insurer had posted a net profit of Rs 532 crore in the year-ago quarter. Total income of the company during the January-March quarter of 2021-22 rose to [...]
New Delhi, Apr 28 (PTI) CubicPV has inked a multi-year agreement with Waaree Energies to supply one GW of silicon cells per annum."CubicPV and Waaree Energies Ltd, India’s leading solar module manufacturer, today announced that they have entered into a multi-year supply agreement in which CubicPV will supply per annum 1 GW of silicon cells [...]
NEW DELHI, April 28, 2022 /PRNewswire/ -- Azure Power (NYSE: AZRE), a leading independent sustainable energy solutions provider and power producer in India signed an Expression of Interest (EoI) with Government of Karnataka to develop solar, wind, and hybrid renewable energy projects aggregating to 1700 MW capacity. The total investment commitment is INR 13,300 crore. [...]
New Delhi, Apr 28 (PTI) The National Company Law Tribunal has directed to initiate insolvency proceedings against Andhra Cement, a company owned by the debt-ridden Jaypee Group. The Hyderabad bench of the NCLT (National Company Law Tribunal) has also appointed Nirav K Pujara as the Interim Resolution Professional (IRP) of the company, and declared a [...]
New Delhi, Apr 28 (PTI) A potent combination of sweltering summer and acute coal shortages have triggered blackouts across many parts of the country as states struggle to manage record demand for electricity and low feedstock at power plants. From Jammu and Kashmir to Andhra Pradesh, consumers are facing power cuts ranging from 2 hours [...]
PropertyGuru's prestigious international real estate awards series to laurel India's finest across diverse array of categories New Delhi, Delhi, India (NewsVoir) • Open categories include various accolades for developers and honours for outstanding real estate portfolio • Entries and nominations are open to eligible companies and the public until 2 September • Gala dinner to [...]
New Delhi, Apr 28 (PTI) JK Tyre & Industries Ltd on Thursday announced plans to reduce its raw water usage for manufacturing processes across all its plants in India by over 65 per cent from the base year of 2013-14 by 2025.As part of a strategy to reduce its environmental footprint and also help mitigate [...]
Hosur, Tamil Nadu, India – Business Wire India • Strategic Partnership will allow the two companies to collaborate across topics of mutual interest to further deepen the commercial mobility ecosystem • MoU further solidifies TVS Motor’s commitment to supporting the electrification of the industry and the hyperlocal mobility segment in particular TVS Motor Company, a [...]
BANGALORE, India, April 28, 2022 /PRNewswire/ -- SISA, a forensics-driven global cybersecurity company, today announced the release of its biennial information security report 'SISA Top 5 Forensic Driven Learnings – 2022-2023'. The report is based on findings from SISA's forensics investigations, incident response and security audits carried out between April 2020 and December 2021. The [...]
With a vision to become ‘A Visual First Creative Agency’ Mumbai, Maharashtra, India – Business Wire India Gypsy_Moth, the integrated brand building & storytelling agency, specialising in fashion, beauty, luxury and lifestyle brands aim to grow by 5X this fiscal year. With a portfolio like Pepe Jeans India, Easybuy from The Landmark Group, an enormous [...]
Colombo, Apr 28 (PTI) Nearly 1,000 trade unions in Sri Lanka staged a one-day nationwide strike on Thursday demanding the immediate resignation of the government, including President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa, over its failure to tackle the country’s unprecedented economic crisis. Sri Lanka is currently in the throes of unprecedented economic turmoil [...]