Topics: Business News

Rachel Ler joins Commvault board as VP & GM, APJ

Commvault has announced the appointment of Rachel Ler as Vice President and General Manager for its APJ business. "Ler brings a proven track record of...

COVID-19: Pandemic-hit book publishers eye for openings

It was an intriguing discussion at a special session of the prestigious 33rd Guwahati Book Fair, where a number of book publishers, writers, journalists,...

Government to divest 26% shares of BEML

Indian Government has announced to divest 26 percent of its total equity shares in BEML. In a filing with the exchange, BMEL said, "The Government...

“No plan to enter in contract or corporate farming,” says Reliance Industries

Reliance Industries on Monday said, "It has no plan to enter in contract or corporate framing and it is committed to empowering farmers." "It never...

Hexaware appoints Rajeev Kumar Mehta as Non-executive chairman

Hexaware Technologies has announced the appointment of former Cognizant executive, Rajeev Kumar Mehta as non-executive chairman. Rajiv during his 22-year tenure from 1997 to 2019,...
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Income Tax department initiates survey of L&T

Following the inputs from the GST department, the Income Tax department's investigation department wing has initiated a survey of Larsen & Tubro Group. According to...

Biyani Future Retail promoter Kishore Biyani writes a letter to Amazon

Biyani Future Retails promoters, Kishore Biyani have written a letter to Amazon regarding the formers deal with Reliance Industries. Full letter: To Amazon.com NV Investment Holdings LLC Dear...

I-T department surveys of Zee Group

The income Tax department is surveying the Zee Group after the GST department found that the company had allegedly taken fake input tax credit. Speaking...

Housing launches full-stack rental and allied services platform

Leading real estate portal Housing.com has announced the launch of 'Housing Edge', a full stake rental and allied services platform for its customers. Housing in...

SEBI slaps Rs 40 cr fine on Reliance Industries, Mukesh Ambani for manipulative shares of RPL

The Securities Exchange Board of India (SEBI) has imposed Rs 40 crores in fine on Reliance Industries Ltd (RIL), Mukesh Ambani, and on its...
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PM Modi: From farming to space, the scope of startups is increasing

Prime Minister Narendra Modi on Saturday said, "From farming to space sector the scope for startups is increasing." "Today's startups are multinational companies of tomorrow,"...

Bajaj Auto becomes first global two wheeler company to reach Rs 1 trillion market cap

India based leading automaker, Bajaj Auto has become the first two-wheeler company globally to cross Rs 1 lakh crore market capitalization. The company in its...

SECI awards 600 MW wind-solar hybrid power project to Adani Green Energy

Solar Energy Corporation of India (SECI) has awarded a 600-megawatt wind-solar hybrid power project to Adani Adani Green Energy Limited (AGEL) – a subsidiary...

Krazybee appoints former Executive Director of RBI, G Gopalakrishna as Independent Director

Krazybee Services Private Ltd has announced the appointment of former executive director of Reserve Bank of India, G Gopalakrishna as an Independent Director. Mr. Gopalakrishna...

GigIndia closes Rs 7.6 crore in pre-Series A round

Pune based B2B gig marketplace, GigIndia has raised Rs 7.6 crore in pre-Series A round from an additional influx of new angel investors including...
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Hero Electric partners with e-mobility startup eBikeGO

India based auto company, Hero Electric has announced its partnership with e-mobility startup eBikeGO to supply over 1,000 bikes to transform last-mile deliveries. The company...

ICICI Bank ties-up with Google Pay for FASTag registration

ICICI Bank on Monday announced its partnership with Google Pay for the issuance of FASTag. Speaking on the partnership, Google Pay – Business Head, Sajith...

Tesla to start its operation in India next year

Union Minister for Road Transportation and Highways, Nitin Gadkari said, "American electric auto company Tesla will begin its operations in India next year." Speaking with...

Top 5 Digital lenders offering personal loans in India

The year 2020 witnessed significant advancements in the fintech sector. A major reflection of the same can be observed in the digital lending segment. The...

BlackSoil invests Rs 4 crore in Awign

BlackSoil on Monday said, "It has invested Rs 4 crore in working fulfillment platform Awign Enterprises PVT Ltd, as venture debt facility." "The fresh funds...
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ICICI Bank launches ‘Infinite India’ initiative for foreign business in India

ICICI Bank has announced the launch of 'Infinite India,' an online platform for foreign companies who are looking to establish or expand business in...

TaxBuddy raises $1 mn from UAE based Zenith Global

Mumbai based tax advisory platform, TaxBuddy has raised $1 million in its early-stage round funding from UAE based Venture Fund, Zenith Global. "The company will...

Pine Labs secures fresh funding from Lone Pine Capital

Merchant commerce platform, Pine Labs on Monday, raised a fresh round of funding from Lone Capital (Lone Pine). With this investment, Pine Labs is...

Mitron inks music licensing deal with Zee Music

In an effort to provide a robust and versatile music library for creators. India homegrown short video platform, Mitron TV on Monday inked a...

Sqrrl partners with tax filing platform Quicko

Gurugram based fintech company, Sqrrl has announced its partnership with tax filing and return filing platform Quicko to facilitate the process of Income-tax filing...
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Prime Minister Modi, “India received record high FDI during the pandemic”

Speaking at the ASSOCHAM Foundation Week 2020 on Saturday, Prime Minister Narendra Modi said, "During the pandemic, India received a record high Foreign Direct...

Zomato raises $660 mn in primary financing round

Online food delivery startup Zomato has raised $660 million in the primary financing round at the post-money valuation of $3.9 bn from 10 new...

IIFL Home partners with ICICI Bank for affordable housing & MSME loans

Leading private lender, IIFL Finance has said, "It's home loan subsidiary IIFL Himes has partnered with ICICI Bank to provide affordable housing loans and...

Oberoi Realty acquires 50% stake in Sahana Groups worli project

Mumbai-based real estate company, Oberoi Realty has acquired Sahana Groups' 50% stake in Mumbai Worli based under construction 221-key five-star hotel for Rs 1,040...

Infosys divested its one-third holding in Whoop for $10 mn

Infosys on Friday said, "It has divested one-third of its holding in US-based startup Whoop for about $10 million." In a filing with the stock...
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