Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/anti-amazon-retailer-groups-takes-a-dig-at-smbhav-event-holds-asmbhav-event/articleshow/82095065.cmsSynopsis Speakers at the event called for action against alleged preferential treatment by Amazon to its exclusive brands such as Cloudtail and RetailNet. As Amazon kicked
Category: Company Specific News
AWS launches Amazon Digital Suite to accelerate digital adoption for SMBs in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/aws-launches-amazon-digital-suite-to-accelerate-digital-adoption-for-smbs-in-india/articleshow/82100388.cmsSynopsis SMB spend on public cloud services is expected to contribute more than 29% of the $7.9 billion public cloud services market in India
Recast may boost Airtel’s income in FY22: Analysts – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/bharti-airtels-new-corporate-structure-gets-analysts-industry-insiders-talking/articleshow/82089703.cms Synopsis–Analysts said that moving all digital assets under the listed Bharti Airtel parent entity mirrors what Reliance Industries (RIL) did when it incorporated
Large sellers are the key for e-comm – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/large-sellers-are-the-key-for-e-comm/article34328665.ece They source an array of goods from MSMEs. The notion that they hinder small sellers is misplaced The National E-Commerce Policy has been
Reliance Jio among the most competitive telcos, says Sunil Bharti Mittal | Business Standard News
lipped from: https://www.business-standard.com/article/companies/airtel-has-emerged-stronger-from-several-near-death-experiences-mittal-121041501419_1.html We have increased our market share, brand loyalty and index, and we’re getting more customers than the competition in the last 8-9 months,
Softbank Group to invest $450 million in Swiggy at $5.5 billion value | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/softbank-group-to-invest-450-million-in-swiggy-at-5-5-billion-value-121041600042_1.html Second funding for food delivery startup in as many weeks The financing from Masayoshi Son’s Vision Fund 2 awaits approval from Indian antitrust
Telecom market down to 3 private players, one operator increasingly becoming a question mark: Sunil Mittal – The Financial Express
lipped from: https://www.financialexpress.com/industry/telecom-market-down-to-3-private-players-one-operator-increasingly-becoming-a-question-mark-sunil-mittal/2233935/ Mittal also said India will be a force in the next 5-10 years as a major economy, building its success on industrial upliftment,
Piramal Enterprises Ltd.: Piramal aims to have 10-20 fintech partnerships in next one year – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/piramal-aims-to-have-10-20-fintech-partnerships-in-next-one-year/articleshow/82087669.cmsSynopsis The company which is in the process of acquiring Dewan Housing Finance has already inducted two technology platforms into its system that allow
Amazon launches $250 million venture fund for SME digitisation, agritech, health tech – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/amazon-launches-250-million-venture-fund-for-sme-digitization-agritech-health-tech/articleshow/82083591.cmsSynopsis This announcement was made at the company’s Smbhav event. Amazon has announced a $250 million fund for India with the aim to focus on
PhonePe is planning to enter the stockbroking business – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/phonepe-is-planning-to-enter-the-stockbroking-business/articleshow/82076116.cmsSynopsis PhonePe is is awaiting a stockbroking licence from SEBI to join fintech peers Zerodha, Upstox and Paytm in the battle for market share
Promoter Khaitan family ready to put funds into McNally Bharat: MD – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/promoters-willing-to-infuse-funds-into-mcnally-bharat-md/articleshow/82076863.cmsSynopsis McNally Bharat is among a long list of construction companies to face the prospect of bankruptcy. However, finding buyers for such companies has
Apollo Tyres enters truck, bus tyre market in North America – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/apollo-tyres-enters-truck-bus-tyre-market-in-in-north-america/article34316958.ece Apollo’s North American range of truck-bus tyres will be produced at its manufacturing units in Hungary and Chennai Following the launch of its
Zomato converts into public company from private limited co ahead of IPO – The Financial Express
Clipped from: https://www.financialexpress.com/market/ipo-news/zomato-converts-into-public-company-from-private-limited-co-ahead-of-ipo/2233208/ The name of the company has been changed to Zomato Limited from Zomato Private Limited, the filings showed. The company has been on
Religare Finvest to default on Rs 100 crore NCD payment obligation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/religare-finvest-to-default-on-rs-100-crore-ncd-payment-obligation/articleshow/82070449.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis NBFC firm Religare Finvest Limited (RFL) had borrowed Rs 100 crore from Axis Bank by placing non-convertible debentures (NCDs) on a private placement
Hotel industry braces for tougher months ahead amid localised lockdowns | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/hotel-industry-braces-for-tougher-months-ahead-amid-localised-lockdowns-121041300970_1.html The recovery seen during the past two quarters is set to be disrupted Photo: Shutterstock A strong resurgence in the Covid cases and
TCS Q4FY21 results do not justify current valuation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/news-analysis/tcs-q4fy21-results-do-not-justify-current-valuation/article34308556.ece The stock now trades at around 31 times its FY22 EPS, well above its one year forward PE of around 22-23 times in
HCL Tech joins Big-15 club of global IT companies with revenue of over $10 billion – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/hcl-tech-joins-big-15-club-of-global-it-companies-with-revenue-of-over-10-billion/article34310188.ece Tata Consultancy Services, Infosys and Cognizant are the other Indian companies present in it For the first time HCL Technologies has entered the
Eveready in ‘comfortable position’ with 80% capacity utilisation – The Financial Express
Clipped from: https://www.financialexpress.com/industry/eveready-in-comfortable-position-with-80-capacity-utilisation/2232520/ Dry cell battery major Eveready Industries is currently in a “comfortable position” in terms of capacity utilisation standing around 80%, as cheap Chinese
Flipkart likely to bag Cleartrip for $40 million in distress sale – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/funding/flipkart-likely-to-bag-cleartrip-for-40-million-in-distress-sale/articleshow/82050918.cmsSynopsis Talks of a potential Flipkart-Cleartrip deal come at a time when the Walmart-owned e-commerce firm is making strategic investments across sectors to build
Tata Sons may take preferential route to infuse fresh funds into IHCL – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/tata-sons-may-take-preferential-route-to-infuse-fresh-funds-into-ihcl/articleshow/82038175.cms Kala VijayraghavanEditor, The Economic TimesSynopsis Tata Sons plans to infuse fresh funds into Indian Hotels Company (IHCL), which runs the Taj chain of
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