LiveNestle to Invest USD 1 Billion Towards Sustainable Coffee Farming
The world’sworld’s largest coffee corporation, Nestle SA, has committed to invest more than 1 billion Swiss francs (USD 1 billion) by 2030 to help farmers...
Category : BUSINESS
Lupin’s Generic HIV Drug Darunavir Gets USFDA Nod for Marketing in the US
On Tuesday, drug company Lupin said it had received approval from the US health regulator USFDA to market Darunavir Tablets in the American market. These...
India’s Bad Bank NARCL Bids for Mittal Corp
Government-promoted bad bank National Asset Reconstruction Company (NARCL), via its newly formed ARC, has made an offer for a loan of troubled steelmaker giant Mittal...
Reliance, Sanmina Enters into Joint Venture to Build Manufacturing Hub in India
On Tuesday, Sanmina Corporation, an integrated manufacturing solutions company, and Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries Limited (RIL), announced...
Euler Motors Raises $60 Million in GIC-Led Funding Round
Euler Motors has raised $60 million in a fundraising round led by GIC Singapore. The series C funding round also witnessed participation by Athera Venture...
YES Bank’s Q2 Deposit Base Cross Rs 2-Trillion Mark; Loan Book Grows 11.6% YoY
YES Bank has posted 11.6 per cent year-on-year (YoY) growth in the loan and advances to Rs 1.92 trillion in the Q2 FY23. Sequentially, its...
Naspers-owned Prosus Ends $4.7 Billion Deal of Acquiring BillDesk
The biggest M&A, i.e. Merger & Acquisition deal in the Indian FinTech space, has been entitled tainted Naspers-owned Prosus has terminated the $4.7 billion deal,...
Truecaller Partners with The Womb for Impactful Communication Drive in India
Truecaller has the engaged brand and creative agency The Womb to chart an impactful communication drive in India. The agency would be responsible for the...
Google Shuts Translation Feature in Mainland China
On Monday, American Tech giant Google proclaimed that it was shutting down the Google Translate service in Mainland China amid citing low usage in the...
India Inc Credit Quality Continues to Improve in First Half of FY23
In the April-September period, India Inc’s credit quality showed improvement, with the ratio of upgrades to downgrades inching higher. According to a statement issued by...