LiveSwedish Defence Manufacturer Saab to Establish New Facility in India
Saab, the Swedish defence products firm, would establish a facility to manufacture its Carl-Gustaf M4 weapons system in India. As per the media reports, the...
Category : BUSINESS
Cheelizza Raises Over Rs 4 Crore in Seed Round
Mumbai-based pizza chain Cheelizza has raised Rs 4.11 crore in a seed round led by Indian Angel Network (IAN) investors Hari Balasubramanian, Uday Chatterjee, Deval...
Federal Bank Hikes Interest Rates on FDs for Retail Investors
Federal Bank increased interest rates on fixed deposits (FD) under Rs 2 crore from September 27, 2022. Now, the bank is offering interest rates on...
UK Competition Regulator Impose $1.6 Million Fine on JD Sports for Merchandise Pricing
On Tuesday, JD (NASDAQ: JD) Sports said that it was fined about 1.5 million pounds (USD 1.6 million) by Britain’s competition regulator, Competition and Markets...
Japan’s Stanley Electric Inks Capital Alliance Agreement with Honda
On Tuesday, Japan’s Stanley Electric announced that it had signed a capital and business alliance with Honda Motor Co to facilitate next-generation technologies for vehicles....
Mahindra Logistics Acquires B2B Express Business Rivigo Services
On Monday, Mahindra Logistics announced the acquisition of the B2B express business of Gurugram logistics company Rivigo Services, which will help the company accelerate its...
Adani Group to Invest $100 Billion in a Decade, Emphasis on Energy Transition
On Tuesday, the Adani Group announced that it would invest more than USD 100 billion in the next decade, with a substantial amount going into...
BigBasket to Raise $200 Million at a Valuation of $3.5 Billion
BigBasket, the Tata Digital-owned grocery firm, will soon raise USD 200 million at a valuation of USD 3 – USD 3.5 million. The financing is...
Jubilant Food Buys 29.42% Stake in Roadcast Tech
Jubilant FoodWorks informed in a September 26 exchange filing that it had acquired a 29.24% stake in Roadcast Tech Solutions Private Limited on a fully...
Reliance Jio 5G Smartphone Ranging from Rs 8k to Rs 12k
The forthcoming 5G smartphone from Reliance Jio will likely be priced between Rs 8,000 and Rs 12,000, respectively, once it has broad coverage. As per...