LiveKalpataru in Deal to Sell Power Transmission Asset
Kalpataru Power Transmission Limited (KPTL) has signed a definitive agreement to sell Alipurduar Transmission Limited (ATL) to Adani Transmission Limited for a total enterprise value...
Category : BUSINESS
Cognizant Laid Off Thousands of Employees on Bench: IT Employee Unions
Cognizant Technology Solutions Corp. has laid off thousands of employees on bench, who were not actively involved in any client projects. In IT services companies, employees...
Equitas Small Finance Bank Launches Video KYC Account
Equitas Small Finance Bank Limited has launched a facility of opening account through video KYC . With this, any person anywhere in the country can...
Flinto Raises $7.2 Mn to Provide Preschool Doorstep Education
Chennai-based Flinto Learning Solutions that focuses on early childhood education in India has raised $7.2 million in a pre-series B funding, led by Lightbox Ventures....
Royal Enfield Records 35% Decline in June Sales
Niche bike maker Royal Enfield has reported a 35 per cent decline in total sales at 38,065 units in June. The company had registered total sales of...
SEBI Imposes Penalty on Divi’s Labs Insiders
The Securities and Exchange Board of India (SEBI) has imposed over Rs96 lakh penalty on Divi’s Laboratories’ Chief Financial officer (CFO) L Kishore Babu and his close...
J&J Ramps Up Production of Affordable Covid-19 Vaccine
Johnson & Johnson is preparing the ground for the entry of a vaccine against COVID-19 and is expanding its manufacturing capacity to supply more than one...
Swiggy Introduces Digital Wallet in Partnership With ICICI Bank
Food aggregator unicorn Swiggy has launched its own digital wallet Swiggy Money in partnership with ICICI Bank to enable a ‘single-click checkout experience’ on its platform. The full-fledged...
Vistara Announces 5-20% Pay Cut for 40% Employees Till Dec
Vistara has announced a pay cut between five to 20 per cent till December this year for around 40% of its employees as cash flow continues...
Shilpa Medicare Gains 5% on Launch of Generic Drug
Shares of Shilpa Medicare gained as much as 5.23 per cent after the company launched generic drug to treat advanced kidney cancer. Shilpa Medicare was...