Topics: Business

Ampere Electric to setup e-mobility manufacturing plant in Tamil Nadu

Electric Mobility Company Ampere Electric has announced a phased investment potential of Rs 700 crore over 10 years to set up an e-mobility manufacturing...

Govt receives Rs 310 cr by releasing shares in the Engineers India buyback program

Department of Investment and Management Secretary Tuhin Kanta Pandey on Tuesday said, "The Indian Government has received Rs 310 crore by releasing its shares...

Adidas AG announce to divest Reebok

Sportswear company Adidas AG on Feb 16 announced to divest its wholly-owned subsidiary brand Reebok after acquiring the company in 2006. Adidas AG in its...

WizKlub raises Rs 6 crore from Incubate Fund India

India-based edtech platform WizKlub has raised Rs 6 crore in pre-Series A round from its existing investor Incubate Fund India. "The startup plans to infuse...

Social media platform Parler is back online

Social Media platform for the right-wing, Parler on Monday announced to be back online on a robust and independent technology platform. Parler in its statement...
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Rolls-Royce appoints Panos Kakoullias as its new CFO

Rolls-Royce on Monday announced the appointment of Former Deloitte UK partner Panos Kakoullias as its new chief financial officer (CFO). "Kakoullias who will be replacing...

Report: Byjus to acquire Toppr Technologies for $150 mn

India's leading online learning platform Byjus is reportedly acquiring its rival Toppr Technologies. Quoting sources familiar with the deal, Bloomberg on Monday reported, "Byjus is...

Pencil draws $1 million in pre-Series A round

Mumbai based digital publisher Pencil has raised $1 million in pre-Series A round funding. Led by SOSV, along with Infection Point Ventures (IPV), and Artesian....

Geojit partners with Lotusdew to launch small, mid-cap basket using AI

Geojit Financial Services has announced its partnership with Loctusdew to launch small, mid-cap stock baskets that use behavioral finance and AI to identify dominant...

KreditBee concludes $75 mn in Series C round from Premji Invest and others

Bangalore based fintech startup KreditBee has raised $75 million in Series C of the primary and secondary round. The round was led by Premji Invest...
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Volkswagen CEO Herbert Diess: Not Scared of Apple electric car

Volkswagen Chief Executive Herbert Diess has said, "We are not scared of Apple's plan for the auto industry." In an interview with German newspaper Frankfurter...

Reports: Panos Kakoullis to join Rolls Royce as CFO

Rolls Royce Holding Ltd will be appointing Former Deloitte partner Panos Kakoullis as its new Chief Financial Officer. According to the Sky News reports, "Rolls...

₿trust: Twitter CEO Jack Dorsey, Jay-Z announces bitcoin fund

Twitter Co-founder and CEO Jack Dorsey, has partnered with rapper Jay-Z to launch a Bitcoin development fund '₿trust'. Dorsey in his tweet on Friday said,...

Ola to deploy ABB robotics and automation solutions at the electric scooter factory in India

Ola, one of the leading mobility companies in the world, today announced that it has selected ABB as one of its key partners for...

Startbeans launches AI-based solutions to help private sector drive sales

AI-based online learning service provider Startbeans has announced the launch of AI-based solutions to promote and enhance corporate sectors to drive better sales. "Aimed at...
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NHPC raises Rs 1500 crore through bonds

Public listed hydropower company National Hydroelectric Power Corporation Limited (NHPC) has raised Rs 1,500 crore through issuance of non-convertible taxable bonds." In a filing with...

Vedanta Resources Chairman Anil Agarwal collabs with Centricus to create a $10 bn fund

Vedanta Resources Limited, Executive Chairman Anil Agarwal said, "He has partnered with London-based firm Centricus to create a $10 billion fund." In a series of...

Bosch Limited posts 12% profit before tax in Q3 FY 20-21

Leading technology and services supplier Bosch Limited on Thursday, reported a 12.1 percent Profit before tax (Before EI) for Q3 FY 2020-21. In a statement...

U GRO Capital raises Rs 178 core in debt, loan disbursal stood at Rs 2,000 cr

Small business lender U GRO Capital on Thursday said, "It has raised an incremental of Rs 178 crore in debt, for a total of...

FingerprintJS locks $8 mn Series A round for fraud prevention APIs

FingerprintJS on Friday said, "It has raised $8 million in series A round funding led by Nexus Venture Partners." The round also saw the participation...
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FarEye to hire over 100 techies globally

Leading logistics platform FarEye has announced to expand its global technology team by hiring over 100 techies in India and North America this year. Commenting...

BHEL receives order from the Indian Navy

Lending engineering company Bharat Heavy Electrical Ltd (BHEL) on Thursday said, "It has received an order from Indian Navy for supplying two Super Rapid...

BharatPe raises $108 mn in Series D equity round

India-based fintech startup BharatPe has raised $108 million in a Series D equity round led by existing investor Coatue Management. The round also saw the...

NIIFL commits to invest $100 mn from New Development Bank into NIIF Fund of Funds

The National Investment and Infrastructure Fund Ltd (NIIFL) has said, "It will invest $100 million from the New Development Bank (NDB) into the NIIF...

Machine Learning And Data Analytics The New Tools For Boosting Business Momentum

Multi-faceted data analytics can be defined as the process of interpreting, cleansing, transforming, and sharing data. The sole motive is to derive information, used...
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NMIMS inks pact with LivNSense to develop AI-driven solutions in manufacturing industry

SVKM's NMIMS has signed a Memorandum of Understanding (MoUs) with LivNSense technology to jointly develop an AI center of Excellence & Research. "The joint AI...

IRB Infrastructure Developers eyes for Rs 2,220 crore through NCDs

IRB Infrastructure Developers on February 10, said, "It will raise Rs 2,220 crore through issuance of non-convertible debentures (NCDs). In a filing with the exchange,...

Nothing draws $15 Mn in series A round funding

London based consumer technology startup, Nothing has raised $15 million in series A round funding led by GV (previously known as Google Ventures). "The startup...

Electronic Arts acquires Glu Mobile for $2.1 bn

U.S based online gaming giant Electronic Arts (EA) has announced the acquisition of Glu Mobile for $2.1 billion. EA in its press release said, "Under...

Scentials draws $6 mn from TIW Private Equity

Former tennis player Mahesh Bhupati's Personal care brand, Scentials World have raised $6 million from TIW Private Equity (TIW PE). "The company plans to...
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