Company Announcements

Zomato is shutting down its 10-minute food delivery business Synopsis The company recently communicated to restaurant partners that it would look to close down the service, said two sources privy to the development. Zomato is…

Reliance Retail’s Business Growth Focus With Digital Commerce “Digital Commerce and New Commerce businesses continue to demonstrate strength of their business model and grew 38 per cent YoY and contributed to 18 per cent of the…

PG Electroplast soars 8%, hits new high on strong business outlook For FY23, the company has maintained sales guidance of Rs 1,800 crore, up 64 per cent over FY22 Shares of PG Electroplast hit a new high of Rs 1,228 as they…

TCS, Wipro, Indusnet Teams Win Microsoft India's Coding Hackathon Microsoft India announced the top three winning teams of the coding hackathon, shortlisted based on their innovation and impact, were from TCS, Wipro, and IndusNet…

ESG to Influence 90% of India-Bound Investments in 5 Years: Bain & Co In India, the area that is getting the greatest capital flow is renewable, says Jenny Davis-Peccoud, founder and co-leader, Global Sustainability &…

Motilal Oswal Mutual Fund Buys Stake in Multibagger Steel Stock While Motilal Oswal Equity Opportunities Fund Series II has bought 2 lakh shares in the company, Motilal Oswal Business Advantage Fund Series II also bought nearly 1 lakh…

Air India Expands Its US, Europe Network With New Non-Stop Flights To operate new Mumbai-New York flights; resume flights to Copenhagen, Milan, Vienna from Delhi Air India is expanding its flights to the United States and Europe,…

Xiaomi India's Chief Business Officer Raghu Reddy Resigns: Report Reddy, who spent more than six years at Xiaomi India, was elevated as Chief Business Officer for its India operations in February 2020 Xiaomi Indias Chief Business…

As Apple Makes India Shift, Suppliers Move to Invest Rs 2,800 Crore in UP Yamuna Expressway Industrial Development Authority (YEIDA) says Apple suppliers have applied for land with the authority With Apple eyeing to ramp up…

Alibaba Sells Nearly Half of Its Direct Stake in Paytm at Rs 535.9 Per Share Paytm's monthly transacting users (MTU) was up 32 per cent from 64 million in December 2021 to 85 million in December 2022. The Gross Merchandise Value (GMV)…