The eight member countries of the Shanghai Cooperation Council (SCO) have agreed to work towards developing hydrocarbon alternatives including hydrogen, biofuels and ammonia to address their expanding energy requirements. “The…
Category: Companies
‘We are investing a lot’: This French multinational looks at India as its next big manufacturing hub
French multinational Schneider Electric is betting big on India’s economic growth to make it centre stage of its operations to developing new technologies for the world, a senior company official…
Is slowdown coming? Deal value at India Inc fell 60% in Feb, says report
Deals at India Inc. have slipped 54 per cent year-on-year (YoY) in terms of value in the month of February as per Grant Thornton’s Bharat Deal Tracker. The report noted…
Air India partners with Salesforce to digitise contact centre operations
Air India announced on Monday the Tata group-owned airline will be partnering with Salesforce to transform its customer service technology stack. “In line with our strategy to deliver a world-class, omni-channel…
Income Tax Dept investigates Cipla on potential tax violations: Report
The Income Tax Department is reportedly investigating drugmaker Cipla on charges of tax violations and tax avoidance. The I-T department is investigating whether the company reportedly made wrong claims under…
Litigation funding start-up FightRight Technologies launches Rs 100 crore fund for HNIs
FightRight Technologies, a legaltech start-up that leverages AI and ML-backed analytics to fund commercial litigations, has launched a Rs 100 crore fund aimed at high net worth (HNIs) individuals looking…
Jefferies does an SVB test on Indian banks. Here’s the result
Ever since the crisis at US-based Silicon Valley Bank (SVB) came out in the public last week and many Indian start-ups also got affected, questions have been raised on whether…
Adani-Hindenburg row: Congress moves adjournment motion in Lok Sabha seeking discussion
Congress MP Manickam Tagore has moved an adjournment motion in the Lok Sabha seeking a discussion on the Adani Group versus Hindenburg Research saga. Tagore also expressed concerns regarding the…
BuzzFeed says most of cash and cash equivalents held at SVB
BuzzFeed Inc said on Monday that most of its cash and cash equivalents were held at Silicon Valley Bank, which was shut down last week. The digital media firm said…
Gautam Adani’s brother Vinod Adani owns Ambuja and ACC, not Adani Group: Report
Over a month after Hindenburg Research alleged that Gautam Adani’s elder brother Vinod Adani managed a network of offshore entities to facilitate fraud at Adani Group, a report on Monday…