The Hosteller raises ₹150 crore led by PROMAFT Partners in Series B funding

Hostel chainn startup The Hosteller has raised ₹150 crore in a Series B round led by PROMAFT Partners and V3 Ventures, with participation from ITI Growth Opportunities Fund, Merisis Wealth…

Amitabh Jhunjhunwala had no association with Reliance Group after 2019: RPower after ED arrest

A day after the Enforcement Directorate arrested Anil Ambani-led Reliance Group’s former senior executive Amitabh Jhunjhunwala in a money laundering case, Reliance Power on Thursday said Jhunjhunwala has had no…

Renault aims to take India to its top three markets by 2030: Global CEO

French auto major aims to make India one of its top three global markets by ‌2030 ⁠on the back of speedier launches and more electrification efforts, global CEO Francois Provost…

Wipro Hydraulics to acquire 100% stake in Italy’s Indeco Ind Spa

Wipro Hydraulics, a part of Wipro Infrastructure Engineering, on Thursday said it has signed a definitive agreement to acquire a 100 per cent stake in Italy-based Indeco Ind Spa. The…

Ashok Leyland launches twin-fuel DOST and DOST+ XL light commercial vehicles

Commercial vehicle manufacturer has announced the launch of twin-fuel variants of its popular Light Commercial Vehicles (LCVs) – DOST and DOST+ XL. The twin-fuel models allow switching between Compressed Natural…

Alembic Pharmaceuticals gets USFDA nod for generic cancer, arthritis treatment injection

Alembic Pharmaceuticals Ltd on Thursday said it has received final approval from the US health regulator for its generic version of methotrexate injection used in the treatment of different types…

EU proposes that Google allow third-party search engines access to data — What we know

The European Commission has proposed measures that will help Google comply with the European Union’s Digital Markets Act, Reuters reported on 16 April. The preliminary findings sent to the search…

Bajaj Auto trains focus on cost cuts and tighter governance for KTM after helping to secure funds to clear its loan

NEW DELHI: After helping to secure funding to clear KTM’s dues, Bajaj Auto has shifted focus to cost cutting and tighter governance at the Austrian premium motorcycle maker, its largest…

Vedanta accuses JAL creditors of preaching ‘process’ while ignoring it themselves

Anil Agarwal-led Vedanta told the Delhi bench of the National Company Law Appellate Tribunal (NCLAT) on Thursday that while the committee of creditors (CoC) in the Jaiprakash Associates Ltd insolvency…

Signature Global ties up with Tonino Lamborghini to develop ₹2,900 crore luxury housing project in Gurugram

Real estate developer Signature Global has partnered with iconic Italian lifestyle brand Tonino Lamborghini to launch a premier luxury housing development in Gurugram, involving an investment of roughly ₹2,900 crore.…