Clipped from: https://economictimes.indiatimes.com/tech/funding/swiggy-raises-800-million-in-funding-at-5-billion-valuation/articleshow/81914999.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Swiggy’s mammoth fundraising comes at a time when its biggest rival Zomato is firming up plans to launch an IPO some time later
Category: Company Specific News
IndusInd Bank: With the balance sheet stabilising, focus shifts to growth | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/indusind-bank-with-the-balance-sheet-stabilizing-focus-shifts-to-growth-121040400807_1.html Street’s apprehension on asset quality and ability to regain footing on deposits has been arrested Provisions as a proportion of total loans stood
Primary focus on scaling up existing units: M&M MD & CEO Anish Shah | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/primary-focus-on-scaling-up-existing-units-m-m-md-ceo-anish-shah-121040400936_1.html Anish Shah says the exercise of exiting loss-making international subsidiaries is almost done Anish Shah, Managing Director and CEO, Mahindra and Mahindra Anish
IndusInd Bank: With the balance sheet stabilising, focus shifts to growth | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/indusind-bank-with-the-balance-sheet-stabilizing-focus-shifts-to-growth-121040400807_1.html Street’s apprehension on asset quality and ability to regain footing on deposits has been arrested Provisions as a proportion of total loans stood
Tata Motors ideally placed to aim for dominant position, should get aggressive: Chandrasekaran – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/tata-motors-ideally-placed-to-aim-for-dominant-position-co-should-get-aggressive-in-the-future-n-chandrasekaran/articleshow/81880772.cmsSynopsis Addressing the automaker’s employees at the customary ‘All Hands Meet’ on the first day of the fiscal year on Thursday, Chandrasekaran said he
layoff: Bajaj Electricals declares layoff at Uttar Pradesh unit – The Economic Times
layoff: Bajaj Electricals declares layoff at Uttar Pradesh unit – The Economic Times https://economictimes.indiatimes.com/industry/cons-products/electronics/bajaj-electricals-declares-layoff-at-uttar-pradesh-unit/articleshow/81888687.cms“… We have to inform you that the company has declared lay-off,
Mobikwik episode shows how not to secure the digital wallet | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/mobikwik-data-hack-digital-wallet-kyc-7256419/ Shooting the messenger, the one who raises doubts over data protection, does more harm than good. Cyber security has to be a transparent,
Burger King India IPO: Well placed to tap the QSR opportunity in market | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/burger-king-india-ipo-well-placed-to-tap-the-qsr-opportunity-in-market-121040201251_1.html The Street is bullish about the long-term growth trajectory, but analysts believe the stock is factoring in the near-term upsides. Investors could look
Covid-19 pandemic pushes Jubilant FoodWorks to diversify operations | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/covid-19-pandemic-pushes-jubilant-foodworks-to-diversify-operations-121040300054_1.html Analysts say shift to organised biz will bring more consumers to restaurants Jubilant FoodWorks, the master franchisee of Domino’s Pizza and Dunkin’ Donuts
Hope to grow our loan book by 35-40% over next 3-4 years: Rajeev Yadav, MD & CEO, Fintech Small Finance Bank – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/hope-to-grow-our-loan-book-by-35-40-over-next-3-4-years-rajeev-yadav-md-ceo-fintech-small-finance-bank/2225852/ The regulator has various rules for different products. Right now, our capital adequacy is of the order of 27-28% (of which nearly 95%
We expect a strong growth momentum in the next financial year: Arnab Banerjee, CEAT – The Economic Times
lipped from: https://economictimes.indiatimes.com/opinion/interviews/we-expect-a-strong-growth-momentum-in-the-next-financial-year-arnab-banerjee-ceat/articleshow/81776407.cmsSECTIONSWe expect a strong growth momentum in the next financial year: Arnab Banerjee, CEATLast Updated: Mar 31, 2021, 02:08 PM ISTSynopsis “We are looking
Interview: Vikas Bagaria, founder, Pee Safe – The Financial Express
Clipped from: https://www.financialexpress.com/brandwagon/interview-vikas-bagaria-founder-pee-safe/2225238/About 40-45% of our annual turnover is set aside for marketing alone, says Bagaria Pee Safe, which started out as a brand of toilet
Volatility not for us, ours is a model of steady growth: TT Srinivasaraghavan, former MD, Sundaram Finance – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/volatility-not-for-us-ours-is-a-model-of-steady-growth-tt-srinivasaraghavan-former-md-sundaram-finance/2225254/ There is aversion to lending to NBFCs every time there is a problem in the financial market, though, if you look at the
Amazon uses loopholes to not pay a penny in tax: US President Joe Biden | Business Standard News
Clipped from: https://www.business-standard.com/article/international/amazon-uses-loopholes-to-not-pay-a-penny-in-tax-us-president-joe-biden-121040200039_1.html Unveils $2-trn plan aimed at modernising America’s crumbling transport network, creating millions of jobs President Joe Biden President Joe Biden on Wednesday singled out Amazon.com Inc
APOLLO TYRES–We made significant progress in bolstering our balance sheet: Onkar Kanwar | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/we-made-significant-progress-in-bolstering-our-balance-sheet-onkar-kanwar-121040100268_1.html The strategy going forward is really to sweat our assets and get our utilisation levels to reach 90-95% in all our plants, said
NCLAT removes stay on Reserve Bank of India action against Srei group | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/nclat-lifts-restriction-on-any-rbi-action-against-srei-121040101512_1.html NCLT had passed an order preventing regulatory authorities from taking any coercive steps against the company The RBI had argued that the tribunal
Jana SFB files DRHP – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/jana-sfb-files-drhp/article34213584.ece Looking to raise ₹700 crore through a fresh issue of shares, offer-for-sale Jana Small Finance Bank has filed its draft red herring prospectus
Vodafone Idea lost 2.3 mn users, didn’t add 1.7 mn, shows revised TRAI data–BUSINESS TODAY
Clipped from: https://www.businesstoday.in/sectors/telecom/vodafone-idea-lost-23-mn-users-not-add-17-mn-users-shows-revised-trai-data/story/435459.html As per the revised figures, Vodafone Idea lost 2.3 million users in the month of January while Bharti Airtel gained 5.9 million, followed
Piramal Pharma acquires peptide drug maker Hemmo for Rs 775 crore–business today
lipped from: https://www.businesstoday.in/current/corporate/piramal-pharma-acquires-peptide-drug-maker-hemmo-for-rs-775-crore/story/435362.html Hemmo is one of the few pure-play synthetic peptide API manufacturers in the global marketplace. It has R&D capabilities and a world-class GMP
UltraTech Cement prepays long-term loan of Rs 5,000 crore loan | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/ultratech-cement-prepays-long-term-loan-of-rs-5-000-crore-loan-121033001039_1.html UltraTech Cement on Tuesday said it has prepaid its long-term loans of Rs 5,000 crore UltraTech Cement on Tuesday said it has prepaid its
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