IIFL, Open Financial Technologies Enter JV, Launch Neobank For MSMEs
Initial capital of JV Rs 120 crore; no technology capex as the same is being Offered by Open on a per-customer basis Read more
Network18 Fourth-quarter Net Profit Up 58% YoY At Rs 61 Cr; TV18's Down 13%
Network18 Media & Investments on Tuesday reported 58.1 per cent year-on-year surge in its consolidated net profit to... Read more
Meta Took Down Over 27 Million Pieces Of Bad Content In India In March
Meta actioned a huge 14.9 million spam content, 2.5 million violent and graphic content and 2.1 million content related ... Read more
Consumer Durables Market Hit As Containers Pile-up At Shanghai Port
Consumer durable companies in India have stocked up on components, but inventory could start to dry-up from mid-May onwa... Read more
Power Giant NTPC Rushing Back To Coal As India's Energy Crisis Worsens
NTPC will this month award a contract to construct a 1,320-megawatt plant in Odisha Read more
Govt-owned Insurers Go For Organisational Rejig, Look For Consultants
Four general insurers have decided to restructure the organisation towards profitable growth and have called for Request... Read more
Adani Wilmar Acquires Kohinoor Rice Brand In India To Strengthen Position
The acquisition of Kohinoor rice brand by Adani Wilmar will fuel the next level of growth for Adani Wilmar and widen the... Read more
Zepto Raises $200 Mn To Expand Its 10-minute Grocery Delivery Across India
The firm, which was launched 9 months back by two 19-year-old Stanford dropouts, has raised $200 million Series D fundra... Read more
2 SpiceJet Flyers In ICU; DGCA Starts Inspection Of Entire Aircraft Fleet
On Sunday, the Mumbai-Durgapur flight encountered a severe turbulence during its descent phase, injuring 14 passengers a... Read more
Meesho Joins Hands With Google Cloud To Accelerate Digital Transformation
"Meesho teams up with Google Cloud for faster innovation at scale," the statement said Read more
Britannia Industries Net Profit Up 4.3%, But Margins Under Pressure
The cost of raw material consumed in the quarter was up 21.3 per cent to Rs 1,858.7 crore Read more
Adani Wilmar Net Profit Declines 26% To Rs 219.2 Crore In March Quarter
Its food and FMCG portfolio stood at 0.64 MT in FY22, compared with 0.47 MT in FY21, registering a growth of 34 per cent Read more
Britannia To Take Calibrated Price Hikes To Manage Profitability, Says MD
According to the company, the economy was impacted by global geo-political factors which caused a further surge in infla... Read more
Voltas Signs JV Pact With Highly International To Manufacture Compressors
The Tata group firm has executed the joint venture agreement on April 30, 2022 with Hong Kong-based Highly International Read more
Edelweiss Housing Finance Raises Rs 276 Cr Through A Public Issue Of Bonds
The issue met a significant demand from the retail segment, with total collections of Rs 173.93 crore. The issue also sa... Read more