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Page 18 of industry news

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US dollar funding
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
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
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
adani group
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
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
Ikea
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
India japan ties
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
gold jewellery, retailers, gold jewellers, revenue growth, gold prices, profitability, working capital, new store additions, inventory, investment, gold exchange programme
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
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
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
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
licious, frozen meat licious, licious meat products, licious layoff
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
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
Grasim Industries, Aditya Birla group, top news, latest news, business news,
Grasim profit falls 40 per cent to Rs 1,514 crore

Grasim Industries has posted a 39.8% fall in net profit at Rs 1,514 crore for the quarter ended December, beating…

February 9, 2024 02:15 IST
Biocon, Biotech firm Biocon, Biocon Dec quater, top news, latest news,
Biocon posts net profit at Rs 660 crore in Dec quater

Biotech firm Biocon on Thursday reported a consolidated net profit of Rs 660 crore for the third quarter ended December…

February 8, 2024 21:54 IST
Unilever, top news, latest news, business news,
Focusing on competitive volume growth in India, expects price cut, says Unilever

In terms of volume, India is the biggest market for the Anglo-Dutch FMCG major firm. For 2023, it reported a…

February 8, 2024 21:40 IST
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Waaree Renewable chases 11 GW overseas solar EPC orders
Waaree Renewable chases 11 GW overseas solar EPC orders
Industry2 hr ago

Waaree Renewable Technologies (WRTL), part of the Waaree Energies group, is targeting 11 GW of solar EPC orders in West Asia, while also pursuing 25-26 GW in India. They are also looking into battery energy storage systems, transmission and distribution, and data centres.

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