SAIC Motor, Haier to Develop Smart Cars
Chinese carmaker SAIC Motor Corp. and appliance giant Haier Group Corp. signed a preliminary agreement to jointly develop intelligent transportation systems and smart homes, according
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NCLT Nod Airtel, Hughes VSAT Operations Merger
The National Company Law Tribunal (NCLT) has approved the merger of VSAT, or a very small aperture terminal, satellite operations of Bharti Airtel Ltd with
DLF Raises Rs 500 Cr Via NCD Issue
Realty firm DLF on Thursday said it has raised Rs 500 crore through the issue of non-convertible debentures (NCD) to investors. In a regulatory filing,
S&P Raises India’s FY22 GDP Growth Forecast to 11% from 10%
S&P Global Ratings on Thursday raised India’s growth forecast for the financial year 2021-22 to 11 per cent from 10 per cent earlier, led by
Fidelity Plans to Launch Bitcoin ETF
On Wednesday, Fidelity Investments unveiled plans to launch an exchange-traded fund that tracks the price of bitcoin, furthering the money manager’s push to bring cryptocurrencies
KFC India to Double Women Employees at Restaurants
US-based fast-food chain KFC plans to double the count of women employees at its restaurants in India to around 5,000 in the next three to
AstraZeneca Covid-19 Vaccine Shows 76% Efficacy
After getting a red flag on its US trial from the independent data safety monitoring board (DSMB), AstraZeneca plc on Thursday announced results based on
Wabco India Plunges 10% as Promoter Begins Stake Sale
Shares of Wabco India Ltd slipped nearly 10 per cent as the company’s two-day stake sale through an offer for sale (OFS) began today. The
Sequoia Closes Second Seed Fund At $195 Million
Sequoia Capital India has closed a $195 million second seed fund as part of its Surge programme, which backs seed and early-stage startups through funding
Barbeque Nation IPO Subscribed 1.65 Times
The initial public offering (IPO) of Barbeque Nation has been subscribed 1.65 times by the morning of March 25, the second day of bidding. Investors