Chinese tech major Tencent on Friday announced strategic partnerships with Service Export Promotion Council (SEPC) and Game Developers Association of India (GDAI), making an initial commitment of over ₹100 million…
Category: Companies
Heatwave turns sweet spot for ice cream makers; sales jump 40%, stock-outs hit market: IICMA chief
After two summers got washed out by unseasonal rains, India’s industry is finally having its moment in the sun — quite literally. Record-breaking temperatures across the country have triggered a…
Chalet Hotels eyes Jaipur, Jodhpur and Hyderabad as future growth clusters
K Raheja Corp-backed hotel ownership company Chalet Hotels Limited is expanding its focus to deeper leisure markets such as Jaipur, Jodhpur and Pune, while evaluating opportunities in Hyderabad’s financial district…
Explainer – Why Tata Sons is facing pressure to list
Tata Sons, the holding company of 31 group companies including TCS, Tata Motors and Tata Steel, is facing pressure to go public – a discussion likely to come up at…
Fuel price hike is ‘very small’: IOCL Director says company working to ensure full capacity availability
Indian Oil Corporation Limited (IOCL) refineries are currently operating at more than 100 per cent capacity to ensure there is no shortage of fuel at retail outlets following a marginal…
Singapore Airlines says Pakistan’s airspace closure hurt Air India more than foreign airlines
NEW DELHI: Singapore Airlines chief executive Goh Choon Phong said Air India’s inability to use Pakistani airspace for more than a year put the airline at a disadvantage against foreign…
Rapido raises $240 million led by Prosus at $3 billion valuation
MUMBAI: Roppen Transportation Services Pvt. Ltd, which operates Rapido, has raised $240 million in fresh capital in a round led by Prosus, with participation from WestBridge Capital, Accel and other…
Apple anti-trust probe: Delhi HC asks CCI to hold its order till 15 July, orders firm to cooperate
New Delhi: The Delhi high court on Friday asked the Competition Commission of India not to pass any final order in its probe against Apple Inc. into alleged anti-competitive practices…
US SEC’s settlement with Gautam Adani does not end Justice Department’s criminal investigation
MUMBAI: The US market regulator’s $18-million settlement of a civil case against Indian billionaire Gautam Adani and nephew Sagar Adani has no immediate bearing on a parallel criminal investigation initiated…
Oben Electric bets on Rorr Evo for 30% sales contribution as Karnataka leads demand
-based (EV) startup Oben Electric reported that contributed over 20 per cent of Oben Electric’s total sales last year, emerging as one of the company’s strongest growth markets. It has…