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Home  Business

Business

Meet Luxury fashion house Chanel’s new Indian-origin CEO Leena Nair

Meet Luxury fashion house Chanel’s new Indian-origin CEO Leena Nair

  • Granules appoints former Dr Reddy’s CFO as independent director

    Hyderabad: Hyderabad-based Granules India, a vertically integrated pharmaceutical company, appointed Dr Saumen Chakraborty as non-executive independent director on the Board of the company with immediate effect. Dr Chakraborty retired as the president and chief financial officer of Dr Reddy’s in November 2020 and continued to advise the company for the next one year. Commenting on […]
  • Mentorship programme for high school students launched at ISB  

    Hyderabad: I-Venture @ ISB in partnership with Atal Innovation Mission (AIM), NITI Aayog has launched the Atal Catalysts @ ISB, a mentorship programme that aims to scale, improve, and potentially take to market the digital ventures of Atal Tinkering Labs (ATL) Tinkerpreneur’s top 100 high-school student teams.    Atal Catalysts @ ISB is one-of -its […]
  • Larsen & Toubro Infotech sets up new delivery centre in Hyderabad

    Hyderabad: Larsen & Toubro Infotech (LTI), a technology consulting and digital solutions company, expanded its Hyderabad operations by setting up a new delivery centre in the city. The 1,10,000 sq ft state-of-the-art centre is designed and equipped to house over 3,000 employees and will support the company’s global operations. The centre will focus on delivering digital, data, and cloud […]
  • Hyderabad startup Enmovil raises Rs 10 crore

    Hyderabad: Enmovil Solutions, a Hyderabad-based logistics tech startup, raised Rs 10 crore in Pre-Series A funding led by Anicut Angel Fund. The company also saw participation from KCT Group, Blackbird Investments and RB Investments in this round. The new infusion of capital will be utilised to boost the company’s innovation journey to deliver first in […]
  • Airtel, Capgemini to collaborate on 5G-based solutions for enterprises

    Hyderabad: Bharti Airtel and Capgemini will collaborate on bringing 5G-based enterprise grade solutions to the India market. They will bring together their experience in connectivity and 5G solutioning, and System Integration (SI) capabilities, to co-innovate a range of India-focused use cases. As part of this collaboration, Capgemini’s 5G Lab, situated within its Mumbai campus, and […]
  • Hero Electric joins Log 9 Materials for 15-minute EV charging

    New Delhi: Hero Electric on Tuesday announced a partnership with Bengaluru-based battery technology startup Log 9 Materials, to offer its battery packs for the entire range of EVs. The integration of Log 9’s ‘RapidX’ batteries can fully charge Hero Electric 2W within 15 minutes. Log 9 has tested its RapidX batteries through a series of […]
  • Sensex slumps over 350 pts in early trade; Nifty drops below 17,300

    Mumbai: Equity benchmark Sensex tumbled over 350 points in early trade on Tuesday, tracking losses in index majors Infosys, Reliance Industries and HDFC twins amid a negative trend in global markets. The 30-share index slumped 356.6 points or 0.61 per cent to 57,926.82 in the opening trade. Similarly, the Nifty fell 98.35 points or 0.57 […]
  • Recon Technologies aims to clock Rs 250 crore top line in FY23

    Hyderabad: Hyderabad-based Recon Technologies, which provides repair and maintenance of mechanical components pertaining to earth moving machinery, process plant equipment and railways, is seeing a good run rate in its top line and is aiming to clock Rs 250 crore in FY23. The company is looking to strengthen its presence in roads and other infrastructure […]
  • Public Sector Banks to go on strike on Dec 16, 17 against privatisation

    Hyderabad: Public Sector Banks (PSBs) will go on strike on December 16 and 17 protesting against the Union government’s move to privatise PSBs. The United Forum of Bank Unions (UFBU), an umbrella organisation of nine employee unions and associations in the banking industry, has given the call for the two-day strike. UFBU is opposed to […]
  • 90+ My Tuition App to hire more than 3,000 people in FY23

    Mumbai: Edtech start-up 90+ My Tuition App on Monday announced that it will hire more than 3,000 employees across the country by the first quarter of 2022-23, to support its growth and expansion plans within India. The company, after the launch of the 13 State Education Boards and CBSE curriculum on its app, has seen […]
  • NephroPlus raises $24 million from IIFL AMC, existing investors

    Hyderabad: Hyderabad-based NephroPlus has closed Series E round of funding of $24 million (over Rs 180 crore) to pursue growth opportunities across India and select International markets. The current round led by IIFL Asset Management (IIFL AMC) along with investment from existing investors InvestCorp and Bessemer Venture Partners (BVP) comes on the heels of a […]
  • Galaxy S22 Ultra spotted on company’s official website ahead of launch

    A Samsung smartphone with a model number SM-S908U has been spotted with a support page on the company's official website in China.
  • Tesla hit with another sexual harassment lawsuit in US

    According to a report in Business Insider, Erica Cloud, an assembly line worker at Tesla's Fremont, California-based factory, filed the lawsuit.
  • Smartworks launches new venture with an investment of $25 million

    Hyderabad: Smartworks, a provider of flexible workspaces with a footprint of five million sq ft spread across nine cities including Hyderabad, has launched its new venture, Smartworks Technology Services, with an investment of $25 million (about Rs 190 crore). The new venture aims to launch a building operating platform and workspace management SaaS (software-as-a-service) product […]
  • Wipro picks Oracle Cloud to fast digitise air cargo processes

    The Oracle Cloud Infrastructure (OCI) will power Wipro's Cargo Reservations, Operations, Accounting and Management Information System (CROAMIS) to help organisations modernise at a faster pace and at lower costs.
  • Xiaomi announces new battery tech for smartphones

    With this tech, a phone with a 4,000mAh battery might be able to squeeze 4,400mAh into the same physical space in the future.
  • Sensex jumps over 350 pts in early trade; Nifty tops 17,600

    The 30-share index surged 375.30 points or 0.64 per cent to 59,161.97 in opening trade. Similarly, the Nifty rose 94.75 points or 0.54 per cent to 17,606.05.
  • Samsung to launch 8K MiniLED and 4K OLED TVs in 2022: Report

    For 2022 TVs lineup, the Neo QLED 4K Samsung is projecting to sell 3 million units of the 8K QLED and up to 2 million of the 4K models.
  • New tech to give spin of life to weavers

    Hyderabad: Handloom is associated with some hard labour. Among others, weavers have to physically exert to operate the Jacquard attachment, which enables the looms to produce fabrics with intricate woven patterns. However, weavers face problems while working with Jacquard handlooms due to the heavyweight of the Jacquard box, which houses the entire loom mechanism. The […]
  • Diesel, petrol prices steady on Sunday

    New Delhi: Oil marketing companies have kept prices of diesel and petrol unchanged across major Indian cities on Sunday. Accordingly, diesel and petrol prices in Delhi stood at Rs 86.67 per litre and Rs 95.41 per litre, respectively. In the financial capital Mumbai, the prices were unchanged at Rs 94.14 and Rs 109.98. Prices also remained […]
  • 82 unicorns, $39bn funding & counting: Indian startups come of age

    Today, India has 82 unicorns with a total funding of over $38.4 billion (from 2014 till December 4, 2021), according to data provided by leading startups publication Inc42.
  • Hyderabad on the cards for new EV unit: Enigma Automobiles

    Hyderabad: Enigma Automobiles, an electric mobility company, is lining up new electric vehicles to cater to B2C and B2B segments, and in order to tap the southern market better, is exploring to set up a new unit in Hyderabad or Coimbatore. The company operates its own manufacturing unit at Mandideep, Bhopal and a collaborative manufacturing […]
  • MedPlus raises Rs 417.98 crore from 36 anchor investors

    Hyderabad: Hyderabad-based MedPlus Health Services, the second largest pharmacy retail chain in India has allotted 52,51,111 equity shares to 36 anchor investors and raised Rs 417.98 crore ahead of the company’s proposed IPO at the upper price band of Rs 796 per share. Non-anchor offer will open on December 13 and be available up to […]
  • Woxsen to host industry-academia symposium with global accreditation bodies on Dec 15 

    Hyderabad: Woxsen University is hosting a special edition of the The Association to Advance Collegiate Schools of Business (AACSB) and European Foundation for Management Development (EFMD) member panel discussion on “Industry-Academia Interface in Higher Education” on 15th December. “Industry and academia interface is highly crucial in knowledge driven economy, where the students pursuing different professional […]
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