Company Announcements

New-age tech companies rake in business but are still making losses Shares of new-age technology companies like Paytm, Delhivery, Zomato and Policybazaar have been beaten down since listing. Investors in the secondary market…

After food service, Amazon now shutting another business in India Amazon will be shutting down three of its businesses in India to thrive amid the ongoing economic slowdown. The company will be discontinuing its wholesale…

Nifty Hits Record High As Oil Firms Jump Blue-chip Nifty 50 stock index hit a record high on Monday, hours after the benchmark Sensex also hit an all-time high, boosted by oil marketing companies as crude prices slid on demand…

Indian rupee closed 100 paise higher at 80.81 per dollar against Thursday’s close of 81.81. The Indian benchmark indices bounced back sharply with the Nifty crossing its 52-week high amid positive global cues on the back of a cool-off in…

Plan to cater to SMEs, says Pine Labs’ Online and Omnichannel Business Head Plural Gateway, Plural Checkout, and Plural Console are the three key products available under the Plural brand. Pine Labs is keen on catering to the…

Amazon to shut down distribution unit in India, focus on core businesses The move is a part of the e-commerce firm's strategy to focus on its core business and close-fledging units it has launched such as edtech and food…

CEO Of Multimillion-Dollar Company Casetify Shares His No. 1 ‘Super Underrated’ Business Tip Wesley Ng learned the fundamentals of running a business by watching his parents run their restaurant in Hong Kong. “It was not…

JSW Energy seeks shareholders' nod to appoint Parth Jindal as director The remote e-voting process for the resolution to appoint Parth Jindal as a director will start on November 23 and end on December 22, according to a postal…

RHI Magnesita soars on acquiring Indian refractory business of Dalmia RHI Magnesita India surged 4.01% to Rs 671.25 after the company announced the acquisition of the Indian refractory business of Dalmia Bharat Refractories.…

New Ways to Find and Buy from Businesses on WhatsApp Takeaways Now, people in Brazil, Indonesia, Mexico, Colombia and the UK can browse businesses on WhatsApp by category – such as travel or banking – or search by name to…