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Tag: Business
Amazon is ‘enthusiastic’ about India and believes there is space for economic growth, according to India business head Manish Tiwary-thumnail

Amazon is ‘enthusiastic’ about India and believes there is space for economic growth, according to India business head Manish Tiwary

Powered by digitalization, economic growth, and younger demographics, e-commerce giant Amazon is “excited” about the Indian market, according to Manish Tiwary, its country head, who also claims that the country’s e-commerce possibility “is huge” in the long term.

Business

Sep 1, 2023

August saw a 5-fold increase year over year in TVS Motors’ EV sales, with a 4% increase in total sales-thumnail

August saw a 5-fold increase year over year in TVS Motors’ EV sales, with a 4% increase in total sales

TVS Motor Company reported a 440 percent YoY increase in EV sales in August on Friday. With headquarters in Chennai, India, TVS Motor Corporation is an international two-wheeler corporation.

Automotive

Sep 1, 2023

Reliance Retail is in talks to raise $2.5 billion by September end-thumnail

Reliance Retail is in talks to raise $2.5 billion by September end

Reliance Retail Ventures, owned by Indian billionaire Mukesh Ambani, is in advanced discussions with international investors to raise around $2.5 billion by the end of September in preparation for a prospective stock market listing, according to people familiar with the situation who spoke to Reuters.

Business

Sep 1, 2023

Metal company stocks soar; Tata Steel, Hindustan Copper, and SAIL all gain up to 5%-thumnail

Metal company stocks soar; Tata Steel, Hindustan Copper, and SAIL all gain up to 5%

Metal company shares were in the spotlight on Friday, rallying up to 5% at the bourses in early trade on solid underlying demand and good growth momentum.

Business

Sep 1, 2023

Business Deal: Torrent Pharma submits a non-binding bid for a stake in Cipla says Sources-thumnail

Business Deal: Torrent Pharma submits a non-binding bid for a stake in Cipla says Sources

Torrent Pharma, based in Ahmedabad is currently considering acquiring a stake, in Cipla, a company. Should this acquisition be successful it has the potential to position Torrent Pharma as India’s pharmaceutical company.

Business

Sep 1, 2023

Nikhil Kamath Invests: Zerodha Co-founder Nikhil Kamathplanning on increasing his stake in Nazara Technologies-thumnail

Nikhil Kamath Invests: Zerodha Co-founder Nikhil Kamathplanning on increasing his stake in Nazara Technologies

Nikhil Kamath, the founder of Zerodha has set a goal to increase his ownership, in Nazara Technologies, a platform that focuses on gaming and sports media.

Business

Sep 1, 2023

A contract worth Rs 350 crore is granted to Titagarh Rail Systems for the Ahmedabad Metro project-thumnail

A contract worth Rs 350 crore is granted to Titagarh Rail Systems for the Ahmedabad Metro project

The Gujarat Metro Rail Corporation (GMRC) has awarded a contract for Rs 350 crore to Titagarh Rail Systems Ltd (TRL), formerly known as Titagarh Waggons, for the design, construction, supply, testing, commissioning, and training of 30 standard gauge cars. 

Business

Aug 30, 2023

$1 Billion: B2B sales intelligence platform Apollo.io turns unicorn after raising $100 million in Series D-thumnail

$1 Billion: B2B sales intelligence platform Apollo.io turns unicorn after raising $100 million in Series D

Apollo.io, a sales intelligence platform, for B2B businesses, has recently reached unicorn status after securing $100 million in Series D funding.

Business

Aug 30, 2023

PhonePe launches its own stockbroking platform-thumnail

PhonePe launches its own stockbroking platform

A digital payment platform called PhonePe announced on Wednesday that  Share(dot)Market, a division of PhonePe Wealth Broking, will be entering the stock broking business.

Business

Aug 30, 2023

Maruti Suzuki looking at investing Rs 45,000 crore to double production capacity to four million units per annum-thumnail

Maruti Suzuki looking at investing Rs 45,000 crore to double production capacity to four million units per annum

Maruti Suzuki, one of India’s car manufacturers has announced its intention to invest Rs 45,000 crore in expanding its production capacity.

Business

Aug 30, 2023

Zomato opens over 5 percent higher as 10 crore shares exchange hands worth 947 crore-thumnail

Zomato opens over 5 percent higher as 10 crore shares exchange hands worth 947 crore

Zomatos stock prices rose by 5% on August 30th after a transaction involving a 1.17% ownership stake worth Rs 947 crore.

Business

Aug 30, 2023

Inox India Ltd files draft papers with SEBI to raise funds through a public issue-thumnail

Inox India Ltd files draft papers with SEBI to raise funds through a public issue

In India Inox India Ltd, a known manufacturer of tanks has recently submitted initial paperwork for an IPO. The proposed offering will involve the sale of 22.11 million shares, by existing shareholders and promoters including Siddharth Jain and Pavan Kumar Jain.

Business

Aug 30, 2023


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