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New Delhi, EPC firm Tata Projects on Thursday reported profit after tax of Rs 120.57 crore for the quarter ended March 31 due to higher revenue.Tat Projects said in a statement that the company had incurred a loss of Rs 366.42 crore in the year-ago period.These figures are after...

New Delhi, Travel distribution firm TBO Tech Ltd plans to raise Rs 1,00 crore through its initial share sale, which will open for public subscription on May 8.According to the Red Herrin Prospectus (RHP), the initial public offering (IPO) will end on May 10 and bidding will open for anchor...

New Delhi, Railways on Wednesday signed an agreement with a tech firm for "exploration and delivery" of Train Collision Avoidance System KAVAC implementation projects in India as well as other countries.For this purpose, a Memorandum of Understanding (MoU) was signed between RailTel...

Haridwar (Uttarakhand): The Enforcement Directorate has arrested Sikandar Singh, son of Haryana Congress MLA Dharam Singh Chhokar, on charges of defrauding home buyers of over Rs 300 crore.According to sources, Sikandar was arrested by the ED team from Haridwar late on Tuesday evening...

As part of the agreement, the IT firm will build a specialized Artificial Intelligence Powered, cloud-based solution for Nokia's workforce, which includes approximately 86,700 users globally across 130 countries of operation.The company said the solution aims to improve the worker experience...

New Delhi: Venture capital firm IvyCap Ventures has raised Rs 2,100 crore through its Fund III, with 90 per cent of the funds coming from domestic investors.Fund III had a base corpus of Rs 1,500 crore and a provision to raise an additional Rs 600 crore as a greenshoe option."We have raised...

New Delhi, State-owned engineering firm Bharat Heavy Electricals (BHEL) on Tuesday announced that it has entered into a strategic partnership agreement with HIMA Middle East FZE, Dubai for railway signaling business.HIMA is the world's leading solution provider for safety-related automation in...

New Delhi, The National Financial Reporting Authority (NFRA) has imposed a total penalty of Rs 1.6 crore on an audit firm and two auditors for professional misconduct and auditing lapses at Reliance Home Finance for the financial year 2018-19.A fine of Rs 1 crore has been imposed on audit firm...

New Delhi: Drug firm Granules India on Tuesday said it has received approval from the US health regulator to market a drug used to prevent or treat arthritis attacks.The company's wholly owned foreign subsidiary, Granules Pharmaceuticals, Inc., has received approval from the US Food and Drug...

New Delhi, Tech-driven financial services firm Kfin Technologies reported 30.6 per cent rise in profit after tax (PAT) to Rs 74.5 crore for the three months ended March 2024, driven by growth across business lines. .In comparison, the company had posted PAT of Rs 57 crore in the same quarter...

New Delhi: Infrastructure firm Megha Engineering & Infrastructure (MEIL) on Monday said it has bagged the 2,000 MW Sharavati Pumped Storage Power Project in Karnataka with an investment of Rs 8,000 crore.Sharavathi river is an important source of hydroelectric energy in Karnataka, with a...

New Delhi: Realty firm Tulip Infratech has sold apartments worth over Rs 300 crore on the first day of the launch of phase two of its luxury residential project in Gurugram due to strong demand.In 2022, Tulip Infratech had announced an investment of Rs 5,500 crore over the next eight years to...

New Delhi: Investment firm Oster Global on Monday announced Rs 440 crore, aimed at promoting emerging technology-based innovations and various sunrise sectors in the country.The Oster India Pinnacle Fund (OIPF) seeks to support both established consumption-driven sectors and emerging...

This included seven growth-stage deals and 17 early-stage deals, Entrackr reported on Saturday.“The three early-stage startups did not disclose the amount raised,” the report noted.Last week, around 37 startups in the country raised around $310 million.Among growth-stage deals, seven...

Pune: The sessions court here has directed the Anti-Corruption Bureau (ACB) or Maharashtra Police to investigate allegations against IT major Cognizant Technologies that it used a contractor to obtain necessary permits and environment clearance for its premises. Had bribed local government...

New Delhi: The National Financial Reporting Authority (NFRA) on Friday imposed a fine of Rs 50 lakh on PCN & Associates and Rs 30 lakh on an auditor for lapses in auditing.Additionally, the audit firm and individual – engagement partner Gopal Krishna Kandula – have been barred from performing...

CHENNAI: Apollo Healthco Ltd, a subsidiary of Apollo Hospitals Enterprise Ltd, has inked a deal with global private equity firm Adven International to raise Rs 2,475 crore, a top official said.As per the agreement, Apollo Healthco Limited (Apollo 24/7 or 'AHL') will 100 per cent integrate its...

Mumbai, Electric mobility firm Wardwizard Innovation and Mobility on Frida reported more than two-fold rise in standalone profit after tax (PAT) to R 4.27 crore for the March 2024 quarter.The company said in a statement that its standalone PAT in the March quarter of FY23 was recorded at Rs...

Tech Mahindra is the Sensex gainer and is up 8.31 per cent in trade.Broking firm Prabhudas Lilladher said Tech Mahindra reported revenue of $1.5 billion, down 0.8 per cent QoQ in CC and 1.6 per cent below the consensus of 1.4 per cent decline. The decline was led by the communications vertical...

New Delhi: Capria Ventures on Friday said it has closed its Rs 153 crore Indie Opportunity Fund after getting multiple returns from its exit from HR tech firm Avigan.The venture capital firm has sold its stake in Avigan to Japan-based huma resource solutions provider Mainavi Corporation...