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Allied Blenders and distillers’ IPO money is to be go for debt repayment and expansion.-thumnail

Allied Blenders and distillers’ IPO money is to be go for debt repayment and expansion.

Allied Blenders and Distillers (ABD) had filed draft documents with market regulator the Securities Exchange Board of India (SEBI) to raise Rs 2,000 crore through an initial public offering (IPO),

Industry

Nov 23, 2022

AirAsia India contracts SugarBox to provide Wi-Fi service on board.-thumnail

AirAsia India contracts SugarBox to provide Wi-Fi service on board.

The statement states that passengers of AirAsia India will get access to over 1,000 international and Indian movies. The partnership between AirAsia India and SugarBox, a cloud technology firm, is

Automation

Nov 23, 2022

Bengaluru-based Cafe Chain Point is planning an IPO in the next 18-24 months.-thumnail

Bengaluru-based Cafe Chain Point is planning an IPO in the next 18-24 months.

Apart from its retail outlets, Chai Point now has different sets of clientele grouped under corporate, and third-party retail outlets and separately also sells packaged goods via marketplaces as well

Industry

Nov 23, 2022

<strong>Amazon Alexa will experience a $10 billion loss in 2018.</strong>-thumnail

Amazon Alexa will experience a $10 billion loss in 2018.

According to reports, Amazon Alexa is on track to lose $10 billion this year since the voice assistant was unable to establish a reliable source of income. According to reports,

News

Nov 23, 2022

<strong>Nykaa CFO steps down in order to seek other tech-related opportunities.</strong>-thumnail

Nykaa CFO steps down in order to seek other tech-related opportunities.

The chief financial officer of omnichannel fashion and cosmetics retailer Nykaa, Arvind Agarwal, has left the company to explore other technology-related opportunities. On Tuesday, Nykaa said that the company was

News

Nov 23, 2022

Samsung compromises to fetch the Android 14 update quicker than the Android 13-thumnail

Samsung compromises to fetch the Android 14 update quicker than the Android 13

Samsung has been working to provide stability to its One UI by associating it with Google’s Software.  In the mobile sector, Samsung is the stand along company that provides quicker

News

Nov 22, 2022

Indian investment cycle booms on new credit signals-thumnail

Indian investment cycle booms on new credit signals

For the past years, India’s foreign investments were denied due to the huge indebtedness by conglomerate companies and international banks but the situation has recovered and new capabilities are being

Industry

Nov 22, 2022

Lighthouse will sell 335 crore worth of Nykaa shares in a block deal tomorrow-thumnail

Lighthouse will sell 335 crore worth of Nykaa shares in a block deal tomorrow

Lighthouse India is expected to sell the shares at a price range of around 180-183.5 per share, a 2% discount to the e-commerce beauty company’s last closing price on Monday.

Industry

Nov 22, 2022

HDFC Bank and Canara Bank receive RBI approval for rupee trade with Russia: Report-thumnail

HDFC Bank and Canara Bank receive RBI approval for rupee trade with Russia: Report

Vostro accounts are accounts held by a bank on behalf of another, often foreign, bank, and are an important part of correspondent banking. So far, five Indian banks have received

Finance

Nov 22, 2022

The Adani Group’s 493-crore open offer for NDTV will begin tomorrow.-thumnail

The Adani Group’s 493-crore open offer for NDTV will begin tomorrow.

The open offer, with a price band of $294 per share set, will begin on November 22 and end on December 5, according to a notice issued by JM Financial,

Industry

Nov 22, 2022

<strong>Areez Khambatta, the creator of Rasna, died at the age of 85 after suffering a heart arrest.</strong>-thumnail

Areez Khambatta, the creator of Rasna, died at the age of 85 after suffering a heart arrest.

The corporation also stated that Khambatta’s tireless efforts resulted in the creation of thousands of jobs, both directly and indirectly. Areez Khambatta, the guy of the popular home-grown beverage Rasna,

Enterprise Service

Nov 22, 2022

<strong>Indian startups are well-positioned to become global leaders.</strong>-thumnail

Indian startups are well-positioned to become global leaders.

Early-stage startup funding may be slow, but it will continue to rise. With 81, 000 government-recognized firms spread across 656 districts, India is the world’s third largest startup ecosystem. India

Industry

Nov 22, 2022


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