Companies


LIC Booked Rs 42,000 Cr Profit From Equity Markets In FY22, Up 16% YoY

Banking - Published date: .

The LIC management clarified on Tuesday that profit should be looked at from the full-year perspective Read more

Sweden's IKEA To Open Large-format Store In Bengaluru On June 22

Banking - Published date: .

The large-format store, spread over 12.2 acres (460,000 square feet), will be connected to the Nagasandra metro station ... Read more

India's Core Sector Output Expands At Six-month High Of 8.4% In April

Banking - Published date: .

The output of eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertiliser, steel, cement... Read more

Flipkart Clocks Over 200 Mn Fashion Products In Spring-Summer Of 2022

Banking - Published date: .

Season saw a resurgence in consumption on renewed economic recovery post-pandemic Read more

Religare Enterprises, Religare Finvest Settle Sebi Case; Pay Rs 10.5 Cr

Banking - Published date: .

The order came after the two companies filed an application with Sebi proposing to settle the regulatory violations "wit... Read more

Private Telcos To Hike Tariffs In H2; FY23 Revenues To Jump By 25%: Report

Banking - Published date: .

A growth in average revenue per user is essential for the industry to invest in the network and spectrum, and if they do... Read more

Apple May Not Announce Its Mixed Reality Headset At WWDC This Year

Banking - Published date: .

In a series of tweets, Apple analyst Ming-Chi Kuo mentioned that he expects the tech giant's headset to launch in 2023. Read more

Mandatory 6 Airbags To Hit Small Car Market Adversely, Says Maruti

Banking - Published date: .

The auto major noted that the regulation would largely impact the cost-sensitive entry-level car segment -- which has be... Read more

Mensa Brands Is Profitable With Net Revenue Run Rate Of Rs 1,500 Cr

Banking - Published date: .

The Ananth Narayanan-led firm achieved this in the first 12 months of operations and it has plans to hire 700 employees ... Read more

Japan's Chubu Electric To Buy 20% Stake In India's OMC Power For $39 Mn

Banking - Published date: .

Japan's Chubu Electric Power Co Inc said it will spend up to 5 billion yen ($39 million) to buy a 20% stake in India's r... Read more

ITC Infotech Eyes $500 Mn Revenue Over Five Years From New Business Unit

Banking - Published date: .

Last month, ITC Infotech said it would be acquiring a part of PTC's product lifecycle management (PLM) implementation se... Read more

Nearly Half Of Insolvency Proceedings Led To Liquidation Rather Than Rescue

Banking - Published date: .

IBBI latest data suggest only 14 per cent yielded resolution plans since the inception of IBC Read more

StrideOne Raises Rs 250 Cr To Help Startups Meet Financing Needs

Banking - Published date: .

Financial services platform for startups StrideOne on Tuesday said it has raised Rs 250 crore via a mix of equity (led b... Read more

TechEagle Collabs With India Post To Deliver Mail Through Drone In Gujarat

Banking - Published date: .

Gurugram-based startup TechEagle said its drone has successfully delivered a mail in Gujarat under a pilot project in co... Read more

Attero To Spend $1 Billlion Over 5 Years On Battery Recycling Plants

Banking - Published date: .

With the $1 billion investment, Attero is seeking to recycle over 300,000 metric tons of lithium-ion battery waste annua... Read more

Zoomcar Expects To Achieve Profitability In India By This Year-end

Banking - Published date: .

Car sharing platform Zoomcar said it expects to achieve profitability in India by this calendar year-end, on the back of... Read more

Top Headlines: Voda-Idea To Raise Funds, Sun Pharma Q4 Loss, And More

Banking - Published date: .

From Sun Pharma posting loss in Q4 to Vodafone-Idea engaging in talks to raise funds, here are the top headlines on Tues... Read more

SUGAR Cosmetics Closes $50 Million Series D Funding Led By L Catterton

Banking - Published date: .

L Catterton has significant experience investing globally in the beauty and personal care space Read more

Amazon Prime Signs Licensing Deal With Film Producer Sajid Nadiadwala

Banking - Published date: .

The latter owns production house Nadiadwala Grandson Entertainment (NGE), which has released films such as Housefull, Ba... Read more

Implementation Of Jet Resolution Plan Subject To Outcome Of Order: NCLAT

Banking - Published date: .

Insolvency appellate tribunal NCLAT said the implementation of Jalan-Kalrock consortium resolution plan for Jet Airways ... Read more