Edtech Firm Byju's Likely To Close $250 Mn Equity Fund Raise In April
Edtech major Byju's is likely to close a USD 250 million equity funding deal in April at a USD 22 billion valuation, sou... Read more
Licensing Dispute: Zee Music Hits' Exit No Music To Spotify Ears
Though Spotify had 500 million monthly active users globally (as of February 2023), there is no clarity on its India use... Read more
Wardwizard Starts Operations Of In-house Lithium-ion Battery Assembly Line
Electric vehicle maker Wardwizard Innovations and Mobility has commenced operations of its in-house lithium-ion battery ... Read more
Adani Share Rout: LIC Likely To Put Caps On Investment Exposure
"LIC is looking to have 'boundary conditions' on its investments that would limit its exposure to scrips," said the sour... Read more
LG Energy To Invest $5.5 Bn To Build Standalone Battery Plants In US
LGES, the world's second-largest battery maker after China's CATL, had withdrawn the plan a few months later, citing a s... Read more
Leading Media House, Viacom 18 Secures Exclusive MotoGP Rights For India
India's historic debut on the MotoGP calendar in September this year will be exclusively live-streamed on JioCinema and ... Read more
SWELECT Energy Launches Solar Module Manufacturing Unit In Tamil Nadu
SWELECT Energy Systems Ltd, formerly Numeric Power Systems, engaged in production of solar photo-voltaic module has laun... Read more
Motovolt Acquires Stakes Worth 1 Mn Euros In German Company EROCKIT AG
Electric mobility startup Motovolt on Friday said it has acquired an undisclosed stake in German electric two-wheeler ma... Read more
Five Senior Executives Leave Nykaa; Company Calls It Business As Usual
Nykaa rivals conglomerates such as Tata and Reliance both of which have interests in the beauty products industry Read more
Windfall Tax: Vedanta Cuts $91 Mn From Govt's Gains To Make Up For Tax Paid
In signs of protests against the 9-month-old windfall tax, mining mogul Anil Agarwal's Vedanta Ltd has withheld about US... Read more
Walmart Laying Off Hundreds Of Employees To Better Prepare For Future
Retail giant Walmart is laying off hundreds of employees at its e-commerce facilities across the US as part of an adjust... Read more
Zydus Lifesciences Gets US Health Regulator's Nod For Its Generic Medicine
Zydus Lifesciences Ltd on Friday said it has received final approval from the US health regulator for its generic doxepi... Read more
Apple Inc Supplier Pegatron In Talks To Open Second India Factory: Reports
Pegatron plans to add a second facility near the southern city of Chennai in Tamil Nadu state, just six months after ope... Read more
Indian Handset Makers Struggle To Meet PLI Targets; Apple Leads The Game
Lava International, Bhagwati (Micromax), and local contract manufacturer Optiemus have so far been unable to meet the ta... Read more
Power Grid Corporation Board Okays Raising Rs 600 Crore Via Bonds
State-owned Power Grid Corporation's board has approved rasing up to Rs 600 crore through bonds to be issued on private ... Read more