Clipped from: https://economictimes.indiatimes.com/tech/funding/flipkart-likely-to-bag-cleartrip-for-40-million-in-distress-sale/articleshow/82050918.cmsSynopsis The Flipkart-Cleartrip deal, which will be a mix of cash and equity, is likely to value the travel portal at $40 million in
Category: Company Specific News
For Gail, recovery is on the cards: Why it is stock pick of the week – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/for-gail-recovery-is-on-the-cards-why-it-is-stock-pick-of-the-week/articleshow/82006295.cms SynopsisGail is in the process of implementing several pipelines. Since 70% of its revenues come from three main pipelines, divestment of any of
Should TCS shareholders expect higher dividends? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/should-tcs-shareholders-expect-more-dividends/articleshow/82045389.cmsSECTIONSShould TCS shareholders expect higher dividends?Last Updated: Apr 13, 2021, 03:00 PM ISTSynopsis “We have been consistent in our policy of distributing 80-100% of
Our lending book makes us bigger than some banks: ABCL MD & CEO Srinivasan | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/our-lending-book-makes-us-bigger-than-some-banks-abcl-md-ceo-srinivasan-121041201343_1.html Having grown larger than some of the banks, he tells Hamsini Karthik shareholders’ value enhancement possibly through value unlocking would be something that
WeWork India raises Rs 200 cr from investors to grow biz, become profitable in 2021 – The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/wework-india-raises-rs-200-cr-from-investors-to-grow-biz-become-profitable-in-2021/2231475/ Coworking major WeWork India on Monday said it has raised Rs 200 crore from investors as equity and debt to grow its business
Tata Sons builds a marketplace for small and medium enterprises – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/tata-sons-build-marketplace-for-small-and-medium-enterprises/articleshow/82020294.cms Synopsis–Tata Sons is marrying proven models of Chinese e-commerce player Alibaba and Internet firms such as Google and Zoho to build a marketplace
Amazon India launches mentorship programme for startups to connect with investors, mentors, others – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/amazon-india-launches-mentorship-programme-for-startups-to-connect-with-investors-mentors-others/2231003/ Amazon Launchpad currently showcases over 2 lakh products offered by more than 800 emerging brands across 30 different product categories. The second edition
‘Amazon has driven MSME exports worth $3 b, created a million jobs in India’ – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/companies/amazon-has-driven-msme-exports-worth-3-b-created-a-million-jobs-in-india/article34274037.ece Company claims it has digitised 2.5 m enterprises Our Bureau Last year at the inaugural Smbhav Summit, Amazon had announced an investment of
Privatisation of two public sector banks on meeting agenda next week | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/privatisation-of-two-public-sector-banks-on-meeting-agenda-next-week-121040900077_1.html Four to five PSBs have been suggested by the Niti Aayog and they will be discussed in the meeting, sources said Apart from
Maintain ‘buy’ on Indian Hotels with target price of Rs 160 – The Financial Express
Clipped from: https://www.financialexpress.com/market/analyst-corner-maintain-buy-on-indian-hotels-with-target-price-of-rs-160/2229730/ Permanent reduction in costs and new revenue initiatives should improve profit margin. Buy rating, Rs 160 TP, and forecasts unchanged; stock looks oversold
Vehicle scrappage: Mahindra & Mahindra teams up with MMRPL – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/vehicle-scrappage-mahindra-mahindra-teams-up-with-mmrpl/article34261409.ece To offer customers an end-to-end solution Mahindra & Mahindra on Wednesday said it has signed an MoU with Mahindra MSTC Recycling Private Limited
Tata Steel sales up 15% in Q4 on rise in demand – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/tata-steel-sales-up-15-in-q4-on-rise-in-demand/article34254760.ece Tata Steel has reported that its sales in the March quarter was up 15 per cent at 4.67 million tonne, against 4.03 mt
Policybazaar plans Mumbai IPO filing next month – The Economic Times
lipped from: https://economictimes.indiatimes.com/tech/startups/policybazaar-plans-mumbai-ipo-filing-next-month/articleshow/81952106.cmsSynopsis The Policybazaar IPO, which could value the online insurance startup at over $3.5 billion, would involve new stocks and secondary shares from existing
Flipkart, Mahindra Logistics in pact to speed up EV use in last-mile delivery – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/flipkart-mahindra-logistics-in-pact-to-speed-up-ev-use-in-last-mile-delivery/article34251149.ece Walmart-owned Flipkart has partnered with Mahindra Logistics to accelerate use of electric vehicles in last-mile delivery and will deploy over 25,000 EVs in
Brake on diversification | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/brake-on-diversification-121040601419_1.html M&M must focus on reviving its core automotive division Mahindra & Mahindra (M&M) has just seen a big change at the top, with Anish
Numerology helped close Byju’s deal: Aakash Educational’s J C Chaudhry | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/jc-chaudhry-the-numerologist-who-started-aakash-institute-out-of-a-room-121040601345_1.html JC Chaudhry, the chairman, and MD of Aakash Educational Services Limited (AESL) who is also a motivational speaker and numerologist said that he
Chola joins consortium for retail payments NUE – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/chola-joins-consortium-for-retail-payments-nue/2228244/ FSS, Zoho, Zerodha, RazorPay, Ujjivan and Airpay are also part of the Vishwakarma Payments consortium. Chola operates from 1,135 branches across India with
PayPal enables collateral-free loans up to Rs 1 cr for MSMEs, others via small business lender FlexiLoans – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-paypal-enables-collateral-free-loans-up-to-rs-1-cr-for-msmes-others-via-small-business-lender-flexiloans/2228172/ Credit and Finance for MSMEs: The interest rates will begin at 1 per cent per month with tenure up to 36 months based
Valuation soars to $2.2 bn, Cred joins unicorn club – The Financial Express
lipped from: https://www.financialexpress.com/industry/valuation-soars-to-2-2-bn-cred-joins-unicorn-club/2228214/ Credit card repayment platform, Cred on Tuesday said that it has closed a fresh $215-million funding round led by new investor Falcon Edge
loans: UltraTech Cement prepays Rs 5,000 cr loan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/cement/ultratech-cement-prepays-rs-5000-cr-loan/articleshow/81763860.cmsSynopsis UltraTech Cement reported a revenue of Rs 40,649.17 crore in 2019-20 and is the largest manufacturer of grey cement, ready mix concrete (RMC)
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