firm

  1. IOC, GPS Renewables form JV for sustainable energy solutions

    New Delhi: State-owned Indian Oil Corporation (IOC) on Wednesday said it has entered into a joint venture with biofuels company GPS Renewables Pvt Ltd to promote sustainable energy solutions in India.“This collaboration will pave the way for the formation of a 50:50 joint venture company...
  2. Proxy advisory firm recommends voting against reappointment of Gautam Singhania to Raymond's board

    New Delhi: A proxy advisory firm has recommended shareholders of leading textile and fabric maker Raymond vote against the reappointment of Chairman and Managing Director Gautam Singhania to the company's board.It has demanded an independent investigation into allegations of domestic violence...
  3. Imoha, SIS Alarm launches emergency response service for senior citizens

    New Delhi: Eldercare brand Emoha on Wednesday said it has partnered with security firm SIS Alarm (VProtect) to launch GoSecure, an emergency response service for senior citizens.Recognizing the challenges faced by senior citizens living alone, such as health risks and susceptibility to...
  4. GVFL announces first closing of Rs 100 crore seed-stage fund

    New Delhi, Venture capital firm GVFL on Wednesday announced the first closing of its seed-stage fund – Starts, which has a corpus of Rs 200 crore.The Ahmedabad-based firm said it aims to deploy the funds with the next investment of Rs 1-3 crore in 25-30 promising technology startups across B2B...
  5. 8X Ventures achieves first close of Rs 200 crore fund, plans to finance 18-20 deeptech startups in 3 years

    New Delhi, Deeptech-focused venture capital firm 8X Ventures on Wednesday announced the first close of its Rs 200 crore fund, along with a greenshoe option of an additional Rs 100 crore, and said it will raise the next phase in 18-20 Plans to finance early stage startups. three years.The...
  6. Indian-origin lawyer suspended for misuse of position in UK company

    LONDON: An Indian-origin lawyer has been suspended from practicing as a lawyer for two years after a disciplinary tribunal concluded that his misconduct in having sexual relations with junior female colleagues at a UK law firm outweighed his seniority. And there is abuse of position of...
  7. Neeraj Arora leaves Paytm board; The firm added a former SEBI official

    NEW DELHI: Former WhatsApp chief business officer Neeraj Arora has quit the board of fintech firm One97 Communications, owner of the Paytm brand, citing prior business and personal commitments, a regulatory filing said on Monday.Arora left the Paytm board in early 2018, but rejoined it ahead...
  8. Swift response will be given to violation of Pakistan's territorial sovereignty: Army Chief Munir

    ISLAMABAD: Pakistan Army Chief General Asim Munir on Monday warned that any provocation or violation of the country's territorial sovereignty will be given a "swift and firm response".General Munir, who visited the Line of Actual Control, offered Eid prayers along with officers and soldiers on...
  9. Indian banks are in a better position with stronger balance sheets, lower NPAs and higher profits: CLSA

    New Delhi [India], CLSA (formerly known as Credit Lyonnais Securities Asia) said that after battling the government's ire and bad loan difficulties, Indian banks have found themselves in a much stronger position. Because the balance sheet and profits have grown significantly. Capital Markets and...
  10. Kolte-Patil Developers Group CEO Rahul Talele resigns

    Pune: Realty firm Kolte-Patil Developers Ltd on Friday said its group chief executive officer (CEO) Rahul Talele has resigned from the company.He resigned on June 13, 2024.“The Board of Directors of the Company in its meeting held on June 14, 2024 has accepted the resignation.“However, he...
  11. Hoarding accident: Police say GRP had leased land to advertising firm without security deposit

    Mumbai: Permission to put up a huge hoarding near a petrol pump in Mumbai, which crashed and killed 17 people last month, was given to an advertising firm without taking any security deposit, officials said on Thursday.The 120x120 feet billboard crashed into a petrol pump in suburban Ghatkopar...
  12. 82 percent of Indian workers believe it would be easier to progress with specific goals: Report

    According to data collected by Australia-based software firm Atlassian Corporation, knowledge workers spend so much time planning and talking about work that it prevents them from actually doing the work that matters.Nearly 76 percent of employees agree that their teams are constantly pulled...
  13. IRDAI accepts registration clearance application of Paytm General Insurance

    New Delhi: Fintech firm One97 Communications, owner of the Paytm brand, will now focus on distribution of insurance products from other insurers after sector regulator IRDAI has accepted the registration clearance application of Paytm General Insurance.Paytm General Insurance Limited had...
  14. SC to hear petitions challenging NEET-UG, 2024 results on Thursday

    New Delhi, The Supreme Court on Thursday will hear three petitions, including one filed by the chief executive of edtech firm 'Physics Wala', related to the controversy-ridden NEET-UG, 2024 for admission to MBBS, BDS. And other courses.According to the updated agenda of the top court, a...
  15. Deluxe Recycling inaugurates new facility in Gujarat

    Mumbai, Deluxe Recycling on Wednesday announced the inauguration of its new facility in Gujarat, following its plan to recycle over 2,00,000 tonnes of used beverage cartons (UBC) and multilayer plastics by 2030.The new recycling plant in Sarigam (Gujarat) will double the company's recycling...
  16. SEBI bars PFS acting chairman Mishra from holding the post of director for 6 months

    New Delhi: Sebi on Wednesday barred India Financial Services Ltd (PFS) acting chairman Rajib Kumar Mishra from holding the post of director in any listed company for six months and fined him Rs 10 lakh for corporate governance lapses. Fined.Mishra is also the Chairman and Managing Director of...
  17. Coworking firm 315Work Avenue leases 450 desks to US-based MoEngage

    Bengaluru, Coworking firm 315Work Avenue has leased 450 desks at its facility in Bengaluru to US-based MoEngage.The company has leased an additional 450 seats to insights-based customer engagement platform MoEngage. It had earlier leased 450 seats to MoEngage, taking the total to 900 seats...
  18. Glenmark gets USFDA nod to market generic drug

    New Delhi: Drug firm Glenmark on Wednesday said it has received approval from the US health regulator to market a generic drug to treat conditions caused by too much acid production in the stomach.Glenmark Specialty SA has received final approval from the US Food and Drug Administration...
  19. Cognizant to acquire Belcan for around Rs 10,861 crore to diversify operations

    New Delhi, US IT firm Cognizant on Tuesday said it has signed an agreement to acquire digital engineering company Belcan, LLC for a purchase price of about US$1.3 billion (approximately Rs 10,861 crore).The buyout includes US$1.19 billion in cash and 1.47 million confirmed Cognizant shares...
  20. Mphasis promoter entity sold 15 percent stake for Rs 6,735 crore

    New Delhi: Global investment firm Blackstone, the promoter of Mphasis, on Monday sold 15.08 per cent stake in the information technology and consulting company for Rs 6,735 crore through an open market transaction on the National Stock Exchange (NSE).According to bulk deal data available with...