LiveUrban Demand Returning, But Rural Under Stress: Tata Consumer MD & CEO
Tata Consumer plans to expand its reach in rural areas by increasing the number of outlets to 1.3 million by the end of the 2021-22...
Category : BUSINESS
Aditya Birla Fashion to Set Up Subsidiary for Entry Into D2C Space
Aditya Birla Fashion and Retail Ltd (ABFRL) will set up a platform to foray into the direct-to-consumer (D2C) business. The board of directors of the...
Bosch to Invest Rs 1,000 Crores in Localisation of Advanced Auto Tech
Bosch has announced that it will invest over Rs 1,000 Crores to localise advanced automotive technologies in the next five years. The company also launched...
Banks Act Against Future Retail for Missing Payments
Banks have started classifying loans to Future Retail Ltd (FRL) as a “non-performing asset” after the company missed payments to them, Banks told the Supreme...
Scrut Raises $3 Million in Seed Funding Led by Lightspeed
Scrut Automation, a whole stack Information security compliance platform, announced it had raised $3 million in seed funding from Lightspeed and Endiya Partners. The capital...
Vedant Fashions IPO Opens 4 February
The three-day initial public offering (IPO) of Vedant Fashions Ltd, which owns ethnic wear brand Manyavar, will open for public subscription on Friday, February 4,...
Tata Power to Set Up EV Charging Stations at Vehicle Zones of Apollo Tyres
Tata Power has partnered with Apollo Tyres to deploy electric vehicle charging stations at the latter’s commercial and passenger vehicle zones across India. Tata Power...
Kotak Mahindra MF Launches Manufacture in India Scheme
On Tuesday, Kotak Mahindra Asset Management Company (AMC) has announced the launch of the Kotak Manufacture-in-India Fund. It is a scheme that will invest in...
Budget: Exemption On Rmployer NPS Contribution for SG Staff Hiked to 14%
State government employees will be able to claim a tax benefit of 14 per cent on NPS (National Pension Scheme) contribution made by their employer,...
National Highway Network to be Extended by 25,000 Km
Finance Minister Nirmala Sitharaman in her Budget presentation announced that India’s National Highways will be expanded by 25,000 km in the FY 2022-23 under the...