LiveDelhivery Partners with Volvo Trucks for New Transport Solution
Delhivery and Volvo Trucks has joined hands for testing and deploying a new transport solution for express operations which will help them to address the challenges...
Category : BUSINESS
IRB InvIT Reports Gross Income of Rs 198 Cr in Q1
India’s first listed infrastructure investment trust IRB InvIT on Thursday reported a gross income of Rs 198 crore in the quarter ended June, down from...
Infosys Bets on Cloud Business With Launch of Cobalt
Infosys Ltd has launched Infosys Cobalt, a set of services, solutions, and platforms to help its clients, mostly large enterprises, build new cloud-first capabilities. Cobalt helps...
RBL Bank to Raise Rs 1,566 Cr Through Preferential Allotment to Baring PE Asia
Private sector lender RBL Bank Ltd has said that it will raise Rs 1,566 crore through a preferential allotment of shares to a group of investors led...
Petronet Net Profit Fall by 7% to Rs 520.23 Crore in Q1 Results
Nation’s largest liquid gas importer, Petronet LNG Ltd., reported better than the expected profits in the April-June quarter. Due to Covid-19 pandemic, operations were impacted...
Citigroup Moves Court After Transferring $900 Mn by Clerical Error
On Wednesday, Citigroup Inc. asked a federal court to order Brigade Capital Management LP for returning $900 million worth of shares that the bank’s loan operations staff...
Following RBI Lifts, Bandhan Bank Shares Over 2% Gain
Tuesday saw Bandhan Bank shares increase over 2% upon the company saying the Reserve Bank has fully withdrawn the restrictions imposed on the private sector lender for...
Gadkari Lays Foundation Stone for Rs 3K Cr Highway Projects in Manipur
Union road transport and highways minister Nitin Gadkari on Monday laid foundation stones for 13 highway projects, with construction value worth Rs 3,000 crore, to...
IBM-Designed Power10 Chip to be Manufactured by Samsung
On Monday, a new processor chip for data centres was announced by International Business Machines Corp (IBM). This will reportedly manage to handle three times the...
Samsung to Move its Smartphone Production of $40 Bn in India
The South Korean Company Samsung is contemplating a plan to move a major part of its smartphone production to India from Vietnam and other countries. The idea...