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<strong>Mahindra’s new last-mile EV firm to receive Rs 600 crore investment from IFC</strong>-thumnail

Mahindra’s new last-mile EV firm to receive Rs 600 crore investment from IFC

A newly created last-mile mobility Mahindra’s new last-mile EV firm will get investment from the International Financial Corporation (IFC), a member of the World Bank Group, in the amount of

Business

Mar 22, 2023

IIM-A incubation platform to invest in 50 new start-ups over a year-thumnail

IIM-A incubation platform to invest in 50 new start-ups over a year

CIIE.CO, the incubation platform of the Indian Institute of Management Ahmedabad, IIM-A incubation platform to invest in 50 new startups across various sectors. The investments will be made over the

Business

Mar 22, 2023

Indian airports’ revenues could climb to $3.9 billion next fiscal year-thumnail

Indian airports’ revenues could climb to $3.9 billion next fiscal year

Out of the total, domestic air travelers would climb to 320 million from 275 million this fiscal. Over this decade, the international air passenger figure will climb to 75 million

Business

Mar 22, 2023

A $250-300 million fundraising plan has been launched by Ola Electric-thumnail

A $250-300 million fundraising plan has been launched by Ola Electric

A fresh round of fundraising plan has been launched in anticipation of Ola Electric’s nearing break-even point and profitability. According to those close to the company, the funds will be

Business

Mar 22, 2023

Emami soars 7% as board to consider share buyback on March 24-thumnail

Emami soars 7% as board to consider share buyback on March 24

Emami, a prominent Indian FMCG company, has recently announced a buyback plan aimed at repurchasing fully paid-up equity shares of the company. This decision led to a 7% increase in

Business

Mar 22, 2023

HZL will pay an interim dividend of Rs 10,990 crore at a rate of 1,300% of the face value-thumnail

HZL will pay an interim dividend of Rs 10,990 crore at a rate of 1,300% of the face value

According to an exchange statement on Tuesday, the Rajasthan-based miner would pay an interim dividend of 26 rupees per share. HZL will pay an interim dividend of Rs 10,990 crore

Business

Mar 22, 2023

As Deepak Bagla resigns, Invest India selects Manmeet Nanda as CEO-thumnail

As Deepak Bagla resigns, Invest India selects Manmeet Nanda as CEO

According to sources, Nanda will continue to serve as Joint Secretary, DPIIT, in addition to her new job. Invest India named Manmeet Nanda as its new Managing Director and CEO

Business

Mar 22, 2023

With extreme demand, the airline industry should experience great expansion, say executives-thumnail

With extreme demand, the airline industry should experience great expansion, say executives

India’s biggest airline industry, IndiGo, stated the business is starting its next phase of expansion With extreme demand and would substantially spend to enhance domestic capacity despite the market being

Business

Mar 21, 2023

Microsoft considering building its own mobile games store for iPhones & Andriod-thumnail

Microsoft considering building its own mobile games store for iPhones & Andriod

“Today, we can’t do that on mobile devices but we want to build towards a world that we think will be coming where those devices are opened up,“ added Spencer.

Business

Mar 21, 2023

Disney Star picks up five IPL sponsors as it preps for confrontation with Viacom18-thumnail

Disney Star picks up five IPL sponsors as it preps for confrontation with Viacom18

Industry insiders claim that Disney Star is also in the advanced stages of conversations with marketers to secure sponsorship and spot-buy arrangements. An inquiry made to Disney Star remained unanswered

Business

Mar 21, 2023

Knowledge Planet, situated in the UAE, has been acquired by PhysicsWallah-thumnail

Knowledge Planet, situated in the UAE, has been acquired by PhysicsWallah

Although PhysicsWallah will use Knowledge Planet’s school relationship apparatus to reach students in the UAE, Knowledge Planet will benefit from PW’s tech stack to boost its online and hybrid offerings.

Business

Mar 21, 2023

Home decor business Livspace fires 100 staff-thumnail

Home decor business Livspace fires 100 staff

According to media reports, the home interiors and refurbishment website Livspace has fired off at least 100 staff as part of cost-cutting efforts. According to a report published by prominent

Business

Mar 21, 2023


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