Infosys extends digital innovation partnership with Australian Open
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The extended collaboration with Tennis Australia will introduce enhanced broadcast match statistics and new initiatives to make tennis more accessible for all, while continuing to develop innovative digital stakeholder experiences, a statement said.
Ola, which has a majority share of Indiaâs ride-hailing market where it competes with Uber Technologies, has plans to raise up to $1 billion through an initial public offering.
Venture Catalysts plans to invest $108 million in Indian startups in 2022
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Founded by Apoorva Ranjan Sharma, Anil Jain, Anuj Golecha and Gaurav Jain in 2016, the Venture Catalysts group closed as many as 207 deals in 2021, and invested in 178 unique startups.
The five-year contract spanning from 2023 to 2028 is valued at Rs 2,400 crore and involves supplying critical avionics Line Replaceable Units (LRUs), flight control computers and night flying LRUs, Bengaluru-headquartered HAL said in a statement.
Sameer Gehlaut to sell 11.9% stake in Indiabulls Housing Finance via block deal
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The deal to offload his stake is likely to be in the range of Rs 262.35-Rs 267.60 per share, sources told CNBC TV 18, adding that the entire deal is pegged at over Rs 1,400 crore.
QSR startup Third Wave Coffee raises $6 million in Series A funding
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The series A funding round saw participation from several existing and new shareholders, including Sujeet Kumar (Udaan co-founder), Arpan Sheth (Bain Company) and Ayyappan Rajagopal (CEO of Cleartrip) amongst others, a statement said.
Tesla, Mastercard, Google top companies for future-readiness: IMD research
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The Future Readiness Indicator report, released by Switzerland-based Institute for Management Development (IMD), studied more than a decade of data (2010 to 2021) to rank publicly listed companies against their competitors by how future-ready they are for th
ICRA downgrades growth forecast for passenger vehicle industry to 8-11% for FY22
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With around 5 lakh units of production lost by various automakers in the passenger vehicles segment due to the semiconductor shortage, ICRA said the earnings loss for the OEMs (Original Equipment Manufacturers) could be around Rs 1,800 crore to Rs 2,000 cror
India#39;s GDP to grow 8.2% in FY23, RBI to hike rates by 100bps: Bank of America
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Bank of America said the country entered 2021 on an optimistic note with recovering economic growth and well contained inflation, but the tragic second wave rocked the boat, led to the return of supply shortages and exerted pressure on prices.
GDP to grow 8.2% in FY23, RBI to hike rates by 100bps: Bank of America
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Bank of America said the country entered 2021 on an optimistic note with recovering economic growth and well contained inflation, but the tragic second wave rocked the boat, led to the return of supply shortages and exerted pressure on prices.
Cabinet approves incentive scheme of Rs 1300 crore for digital transactions through RuPay Debit Card, BHIM UPI
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Cabinet Meet : The cabinet also cleared the production-linked incentive scheme (PLI) for semiconductors. The scheme envisages an investment of Rs 76,000 crore.
JSPL to bid #39;aggressively#39; for debt-laden steel maker NINL next week: MD VR Sharma
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Asked about JSPLâs plans with respect to NINL post acquisition of the unit, the MD replied his company would be investing in the asset to expand its capacity and product mix.
LT#39;s construction arm bags #39;large#39; order from Uttar Pradesh State Water Sanitation Mission
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The business has been entrusted to implement rural water supply projects catering to the potable water requirement of 1,900 villages in the Prayagraj revenue division of Prayagraj district, Larsen Toubro (LT) said in a regulatory filing.
With this funding, the valuation of the startup has more than doubled in the last seven months and is now at $1.4 billion, making it the latest digital health start-up to become a unicorn.
LT#39;s construction arm bags #39;large#39; order from State Water Sanitation Mission, UP
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The business has been entrusted to implement rural water supply projects catering to the potable water requirement of 1,900 villages in the Prayagraj revenue division of Prayagraj district, Larsen Toubro (LT) said in a regulatory filing.
Tata Motors ties up with Bandhan Bank for passenger vehicle finance
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As part of the tie-up, Bandhan Bank will provide loans to Tata Motors#39; customers at an interest rate starting from as low as 7.5 per cent, the automaker said in a statement.
US to add 8 Chinese companies to investment blacklist: Report
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The US Treasury will put the companies on its «Chinese military-industrial complex companies» blacklist on Thursday because of their alleged involvement in surveillance of the Uyghur Muslim minority, the FT report said, citing two people briefed o
Skoda Auto Volkswagen India MD Gurpratap Boparai resigns
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Christian Cahn von Seelen will take interim charge of the VW Groupâs Indian operations from January 1, 2022, in his capacity as Chairman of Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL), the automaker said in a statement.
The committee of directors for capital raising at its meeting held on Tuesday approved allotting 3,974 Basel III compliant non-convertible taxable, perpetual debt instruments qualifying as additional tier I capital of the bank, SBI said in a regulatory filing
SEBI sets up panel for suggestions on solutions to detect early market anomalies
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The Advisory Committee for Leveraging Regulatory and Technology Solutions (ALeRTS) will be headed by SEBIâs ex-whole time member Madhabi Puri Buch, a release said.
GAIL looks to bring India#39;s first electrolyser, may hire ship to ferry LNG from US
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GAIL chairman and managing director Manoj Jain said his company had launched a global tender to procure a 10-megawatt electrolyser capable of producing 4.5 tonnes per day of hydrogen.
Infosys selected by Orion Corporation to transform its ERP, Planning platforms
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Through this engagement, Bengaluru-headquartered Infosys said it will adopt standardised best SAP practices to enable end-to-end visibility across Orionâs operations, informed decision making, and reduce business operations cost through AI, ML, and robot
The QIP (qualified institutional placement) received responses from various institutional investors like Reliance Ventures, Quant Mutual Fund, IIFL Wealth, Elara India, Discovery, Segantii, Millennium, among others, the company said in a statement.
The high rate of inflation in November 2021 is primarily due to rise in prices of mineral oils, basic metals, crude petroleum, natural gas, chemical and food products, the government said.
Rebel Foods plans to invest $150 million to acquire, scale new food brands
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The investment pool will be used in the next few quarters, to scale up existing and new partnerships with over 40 Indian and international brands, the company said in a statement.
