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…
Category: Companies
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…
Centre working on regulating e-pharmacies over data misuse concerns, say sources
The Centre is working on policies to regulate e-pharmacies over data misuse concerns, sources told India Today. This development may be seen as a setback for e-pharmacy players like Flipkart,…
Not deterred by difficult market conditions, companies still actively investing in R&D, study reveals
Challenging market conditions are failing to deter companies from discussing about investment around R&D, new technologies, as per a new report from the data and analytics company GlobalData. “Amid the…