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Page 39 of industry news

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Byju’s, Ola, Adda247, Spinny, Milkbasket, Skill Lync, 1K Kirana, Dunzo,
No thaw in funding winter; 108 startups laid off 15,000 staff this year

B2B platform Udaan sacks 8% of its staff.

December 19, 2023 05:30 IST
Aditya Birla Group
Aditya Birla Group taps Nebras Power to raise $400 million

According to sources close to the development, Nebras Power is likely to invest about $400 million in the Indian conglomerate’s…

December 19, 2023 03:20 IST
Infosys Topaz, TCS BaNCS, TCS HOBS, Wipro FullStride Cloud, Infosys Topaz, top news, latest news, business news,
Top IT firms bag large deals showcasing flagship solutions this year

Similarly, Infosys, too, has bagged mega deals with the help of Topaz to save costs for clients.

December 19, 2023 02:00 IST
ReNew, Energy Global, top news, latest news, business news,
‘We are exploring overseas locations for setting up green hydrogen production’, Sumant Sinha, CEO, Renew

We take great pride in leading the way in India’s sustainable energy transition at ReNew.

Updated: December 19, 2023 17:50 IST
Vedanta, Vedanta Resources Ltd, Vedanta group, S&P Global, top news, latest news, business news,
Vedanta board nod to Rupees 4,089-crore second interim dividend

The record date for the purpose of payment of dividend is December 27, the company said in a filing to…

Updated: December 18, 2023 20:35 IST
coal mine, coal auction, Chhattisgarh, Jharkhand, Madhya Pradesh, Telangana, Pralhad Joshi, top news, latest news, business news,
Govt to launch 9th round of commercial coal mine auction on Wed; 26 mines on the block

The Ministry of Coal is set to embark on another significant stride with the launch of the 9th round of…

December 18, 2023 17:20 IST
GDP, GDP growth, Indian economy, economic growth, investments, taxes, consumption, RBI, rate cut, inflation
NBCC sells 2.23 lakh sq ft commercial space for Rs 905 cr in Delhi’s World Trade Centre

In a statement, NBCC said it has conducted the 22nd auction for the sale of commercial space in the World…

December 18, 2023 14:59 IST
ambija cement
Ambuja to invest Rupees 6,000 crore in green energy

The transformative investment, funded through Internal accruals, encompasses a diverse portfolio of solar and wind power projects strategically positioned across…

Updated: December 18, 2023 20:23 IST
sembcorp
Sembcorp ties up with Japanese firms for green ammonia project in India

“With green ammonia as a critical energy source to decarbonise Japan’s power supply mix, the partnership will support the (Japanese)…

December 18, 2023 13:26 IST
Vedanta
Vedanta’s plans to extend maturity date of bonds “attractive”: CreditSights

CreditSights estimates price upsides of 4-8 cents across each of VRL’s 2024 and 2025 bonds upon a successful bond restructuring.

December 18, 2023 00:40 IST
IL&FS Group, top news, latest news, business news, industry news,
IL&FS Group may surpass Rupees 61k-crore debt recovery goal

The corporate affairs ministry had superseded the board of IL&FS in October 2018 following reports of financial irregularities.

December 18, 2023 00:30 IST
Lenskart, top news, business news, industry news, latest news, lenskart news,
Scaling up business helped in returning to profit in FY23: Lenskart’s Khurana

Founded in 2010, Lenskart reached profitability only in FY20, when it reported a profit of Rs 6.32 crore.

December 18, 2023 00:20 IST
Kundan Spaces, Kundan Spaces net worth, Ashish Jain, Dhanesh Mehta, Rakshit Oswal
Rethink likely on project-specific plans for real estate insolvency

Errant developers may misuse troubled projects for fund diversion despite RERA check, feel govt sources.

Updated: December 18, 2023 10:20 IST
Infosys
Infosys opens new development centre in Nagpur; to accommodate 3,000 employees

The office uses innovative systems to reduce the consumption of natural resources like energy and water, and the campus facilitates…

December 17, 2023 03:00 IST
work
East-West work divide: How the globe is divided on working hours

Clocking an average of 47.7 hours per week, India has one the longest working hours, the International Labour Organisation (ILO)…

December 17, 2023 01:00 IST
Piyush Goyal
Board of Trade meeting postponed to Jan 16

Headed by the minister, the board includes participants from various states, Union territories, and senior officials from the public and…

December 16, 2023 18:06 IST
handshake
WayCool Foods’ tech subsidiary, SAP come together to empower food value chain startups

The collaboration not only presents a unique licensing model and cost-effective pricing for end customers but also signifies a commitment…

December 16, 2023 17:11 IST
MoU, Global Hydrogen Trading, GIFT City, collaboration, hydrogen market, investor confidence, IFSC, GIFT IFSC, commodities
21 firms bid for incentives for electrolyser manufacturing; 14 cos for green hydrogen production

According to an official statement, the bids came in response to a tender by Solar Energy Corporation of India (SECI)…

December 16, 2023 15:00 IST
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Why CNG is fuel of choice for cars, not two-wheelers
Why CNG is fuel of choice for cars, not two-wheelers
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India’s move towards alternative fuels is revealing a stark difference between two-wheelers and four-wheelers. While CNG is gaining traction in cars, it’s facing challenges in the two-wheeler market. Bajaj Auto’s CNG motorcycle, the Freedom 125, saw a decline in sales due to range limitations and competition from electric vehicles.

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