Page 17 of industry news

Startups backbone of new India; it’s our time under sun, says Piyush Goyal

“I believe startups will be backbone of new India. This is our time under the sun, and the sun is…

Updated: February 27, 2024 14:36 IST

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Nirmala Sitharaman asks India Inc to align itself with goal of ‘Viksit Bharat’ by 2047

Addressing a session on ‘Viksit Bharat @ 2047: Viksit Bharat & industry’, organised by Ficci, the minister also assured the…

Updated: February 27, 2024 13:49 IST

Hinduja Group, IIHL, Reliance Capital, NCLT, debt restructuring, insolvency resolution framework, financial challenges, debt, payment defaults

NCLT approves Hinduja Group firm IndusInd International Holdings’ resolution plan for Reliance Capital

The Mumbai bench of the NCLT approved the plan submitted by IIHL (IndusInd International Holdings Limited) in June 2023 in…

Updated: February 27, 2024 13:20 IST

Xcelerate raises $25 million from Fedrated Hermes, others

The funding round was led by Federated Hermes, a global private equity investor with assets under management of $757 billion…

Updated: February 27, 2024 12:52 IST

Flipkart launches fourth grocery fulfilment centre in West Bengal

It will cater to more than 7,000 orders per day across Berhampore, Malda, Siliguri and the north Bengal belt, and…

Updated: February 26, 2024 15:59 IST

Woodfield International acquires Woodfield UK to manufacture marine loading arms

Kartik Gala, CEO and Board Member, WSI said the acquisition will allow WSI to manufacture marine loading arms to transfer…

Updated: February 26, 2024 15:45 IST

Dharavi revamp: Businesses to get state GST refund

This and other benefits, which would be provided as per the tender conditions, aim to boost the local economy, the…

Updated: February 26, 2024 22:35 IST

Infosys CEO Salil Parekh joins US India Strategic and Partnership Forum Board

An industry veteran with nearly three decades in the IT services industry, executing business turnarounds and managing successful acquisitions, Parekh…

Updated: February 23, 2024 11:11 IST

In first such closure, Ikea to shut Mumbai R-City Mall store by July

To focus on Worli, Navi Mumbai outlets; expand presence in Pune

February 23, 2024 02:55 IST

Japan commits 232.209 billion yen for 9 projects in various sectors in India

The projects included North East Road Network Connectivity, Project for Promoting Start-up and Innovation in Telangana, Project for the Construction…

Updated: February 20, 2024 16:54 IST

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Malabar Gold, Titan and 4 other Indian brands on global list of top-100 luxury goods makers

Malabar Gold led the domestic contingent, claiming 19th rank as the top Indian international jewellery brand, followed by Tata group…

Updated: February 19, 2024 16:32 IST

Adani Group in talks with sovereign funds to raise $2.6 billion: Report

The Adani Group’s flagship firm Adani Enterprises may reduce its stake in either the airport-holding firm or the green hydrogen…

Updated: February 19, 2024 10:25 IST

OYO forays into sports hospitality business, shortlists 100 hotels in 12 key cities

The sports hospitality business aims to meet the unique needs of large sports events with a focus on providing end-to-end…

Updated: February 15, 2024 16:42 IST

Oracle Agile Leaders Summit: Leveraging innovation for finance transformation

Gathering over 20 of India’s top financial brains in one room to understand how they are using technology to drive…

Updated: February 15, 2024 16:49 IST

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Licious lays off 3% of its workforce

The company said in a statement that the layoffs would be made in one go and won’t be undertaken in…

February 10, 2024 01:30 IST

The company is looking at a topline of around Rs 5,000 crore in FY25, almost 2.8 times more than it posted in FY24, he said.

Inox Wind turns profitable in Q3 on higher revenue; order book stands at 2.6 GW

In a separate statement, the company said its EBIDTA was at Rs 99.5 crore in the quarter against an EBITDA…

February 9, 2024 18:44 IST

ONGC Videsh looking to gain operatorship of two projects in Venezuela

ONGC Videsh (OVL), the overseas arm Oil and Natural Gas Corporation (ONGC), is in further discussions with the Venezuelan government…

February 9, 2024 03:45 IST

RBI, fintechs, fintech company, Paytm, Paytm Payments Bank, Pytm crisis, regulatory norms, compliance, licenses, financial health, stakeholders, deposits, lending

RBI to enhance security of AePS transactions

The Reserve Bank of India (RBI) on Thursday proposed to enhance the security of Aadhar-enabled payment system (AePS) transactions.

February 9, 2024 02:45 IST

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US tax deadline filing—will the government extend date amid shutdown?

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As the US government shutdown drags into its second week, millions of taxpayers are growing anxious about whether the IRS will extend upcoming tax deadlines.

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Page 17 of industry news

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