LiveTCS Wins Deal From Jet Maker Bombardier
The IT major TCS will help Bombardier drive its organisation-wide IT and digital transformation to increase agility. Tata Consultancy Services (TCS) has been selected by...
Category : BUSINESS
Air India’s Market Share Falls to All-Time Low in 2022
Air India’s annualised market share of 8.7% in 2022 is a record low, posing challenges to new owner Tata Group’s stated goal of capturing nearly...
IndiaMART Soars After Q3 PAT Jumps 61% YoY
IndiaMART InterMESH hit a high at 3.98% to Rs 4654.75 after the consolidated net profit of the company jumped 61% to Rs 113 crore on...
JSW Energy Arm Secures Two Battery Energy Storage System Projects from SECI
On Thursday, JSW Energy said that its subsidiary JSW Renew Energy Five has acquired two battery energy storage system projects totalling 500 MW/1,000 MW from...
PhonePe Raises $350 Million From General Atlantic at $12 Billion valuation
Walmart-owned fintech PhonePe raised $350 million in funding from General Atlantic at a pre-money valuation of $12 billion. The investment marks the first of a...
SBI Raises Rs 9,700 Crore Through Infra Bonds
State Bank of India (SBI) raised Rs 9,700 crore in its second infrastructure bond issue on Wednesday. The bond has a coupon rate of 7.7%...
Vedanta to Acquire Meenakshi Energy for Rs 1,440 Crore
Vedanta said in a January 18 exchange filing that it would acquire debt-laden Meenakshi Energy for Rs 1,440 crore after becoming the winning bidder. Vedanta...
Sundram Fasteners Gains on Bagging $250 Million Contract
After the company announced it secured a $250 million contract from a leading global automobile manufacturer for supplying sub-assemblies for its electric vehicle (EV) platform,...
360 ONE Acquires Controlling Stake in Mumbai Angels, Announces 2 New Funds
Wealth management firm 360 ONE has acquired a controlling stake in Mumbai Angels, an angel investment platform focused on early-stage startups. With the acquisition, the...
Mad Street Den Raises $30 Million Led by Avatar Growth Capital
Artificial intelligence (AI)-based software company Mad Street Den has raised $30 million in Series C funding round led by Avatar Growth Capital, with participation from...