Page 235 of industry news

BPCL privatisation not on cards for now, says Puri

The minister was in Mumbai to inaugurate the 25th Energy Technology Meet organised by his ministry.

Updated: September 15, 2022 22:47 IST

JSW Paints says reviewing CCI order in complaint against Asian Paints

The company had alleged that Asian Paints was indulging in unfair business practices and misusing its dominant position in the…

September 15, 2022 21:04 IST

Milk producer companies’ milk procurement to jump 3-fold to Rs 18,000 cr in value terms in 5 yrs

The National Dairy Development Board (NDDB) Chairman Meenesh Shah said the milk producer companies procured milk worth Rs 5,575 crore…

September 15, 2022 15:25 IST

Sahyadri Farms, Sahyadri Farms growth, Sahyadri Farms revenue

Sahyadri Farms raises Rs 310 crore from European investors

The company had more than doubled its revenues in the last five years to Rs 786 crore and reported a…

September 15, 2022 03:00 IST

Top court to reconsider earlier ruling on NCLT

It had differed from the long-settled view that the moment the NCLT was satisfied that a default has occurred, the…

September 15, 2022 02:50 IST

Munoth Industries, Munoth Industries trial run, Munoth Industries andhra pradesh plant

Munoth Industries to start trial runs at its AP plant

In the first phase, it will produce cells for consumer electronics such as mobile phones, hearable and wearable devices, followed…

September 15, 2022 01:30 IST

Opting power subsidy: Adequate arrangements for hassle-free process, say Discoms

The option will be extended through multiple digital channels like WhatsApp, SMS, missed call services in compliance with the directions…

September 14, 2022 20:16 IST

Google’s court setback is good news for landmark EU tech rules

A two-pronged approach will help regulators, said Thomas Hoppner, a partner at law firm Hausfeld.

September 14, 2022 19:26 IST

August reports highest PE and VC exits so far in 2022: IVCA-EY report

The strong exit performance in August 2022 was on account of a few large open market exits, which included KKR…

September 14, 2022 08:00 IST

Offline food, grocery retailers to see 20% revenue growth

The growth will come on the back of higher realisations due to commodity inflation, market share prised from the unorganised…

September 14, 2022 07:30 IST

Meity Startup Hub, Meta join hands to help extended reality startups in India

He added that young Indian startups, especially from tier-II and III cities, will play a significant role in emerging tech…

September 14, 2022 05:40 IST

JSW Steel to invest 10k cr to reduce carbon emission

The SMS group, renowned worldwide for its future-oriented technologies and outstanding service for the metals industry, will provide its technology…

September 14, 2022 05:23 IST

IT companies struggle with high subcontracting costs

High subcontracting costs have impacted the margins of these companies. Infosys’ Q1 margin declined 150 basis points sequentially to 20%.

September 14, 2022 00:05 IST

Future Lifestyle faces 3 insolvency petitions, NCLT reserves order in one

FLFL further said its “current liabilities exceeded its current assets (including assets held for sale) by Rs 1,180.66 crore as…

September 13, 2022 22:03 IST

PE/VC investments fall 80% to a 19-month low in August

The preceding month of July 2022 saw the venture funds investing USD 4.1 billion, while the same stood at USD…

September 13, 2022 20:44 IST

Twitter whistleblower to detail ‘dire’ security threats ahead of Musk deal vote

“Twitter has said Zatko was fired for “ineffective leadership and poor performance,” and that his allegations appeared designed to harm…

September 13, 2022 19:52 IST

In top 8 cities 16 new shopping malls start operations since 2020: Report

Property consultant Knight Frank India on Tuesday released its report ‘Think India, Think Retail 2022 – Reinventing Indian Shopping Malls’…

September 13, 2022 12:23 IST

Tata group in talks with Bisleri to acquire a stake in the packaged water company

The Tata Group houses its consumer business under Tata Consumer Products Ltd (TCPL) which also sells packaged mineral water under…

September 12, 2022 21:18 IST

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The Big Idea: E-commerce on the move

Business6 hr ago

Saahil Goel, MD and CEO of Shiprocket, along with his co-founders Gautam Kapoor, Vishesh Khurana, and Akshay Ghulati, started the company in 2012 after realizing the lack of affordable technology, shipping, and payment options for small businesses in India. They have since raised Rs 260 crore in funding and have helped over 100,000 small businesses reach 100 million Indian online shoppers.

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