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Home  Business

Business

Accelerating seed-stage startups

Accelerating seed-stage startups

  • Dr Reddy’s recalls 2,980 bottles of cholesterol lowering drug

    The Hyderabad-based drug major is voluntarily recalling the affected lots of the drug in 10 mg strength due to “failed impurities degradation specifications”.
  • IFFCO begins production of nano urea liquid

    It may be noted that urea forms 82 per cent of the total nitrogenous fertilisers consumed in India and it has recorded exponential increase in consumption over the years.
  • India may gain from global corporate tax pact

    India had in September 2019 slashed corporate taxes for domestic companies to 22 per cent and to 15 per cent for new domestic manufacturing units.
  • Reliance Infra board approves preferential issue

    The funds raised would be utilised for long term resources, for general corporate purposes, fund future growth, and also to reduce debt.
  • MSME engineering exporters seek PM Modi’s intervention

    Ludhiana Hand Tools Association President S C Ralhan said that many of the competing countries, provide support to manufacturing units by providing steel at much reasonable prices.
  • DHFL returns to profit in Q4

    The company had reported a loss of Rs 13,095.38 crore in the December quarter of 2020-21.
  • SIDBI seeking consultants for NaBFID

    Government expects the fund to raise up to Rs 3 lakh crore in the next few years
  • FPIs invest Rs 8,000 cr in four sessions

    The inflow comes following a net withdrawal of Rs 2,954 crore in May and Rs 9,659 crore in April, data with depositories showed.
  • Second COVID-19 wave not to impact India’s agriculture sector: Niti Aayog

    Agriculture activity, Niti Aayog Member (Agriculture) Ramesh Chand said, peaks in the month of March or till middle of April, after that it comes down significantly and again peaks with the arrival of monsoon.
  • STPI to add 12 new centres of excellence across India

    Under STPI’s BPO Promotion Scheme, at present 247 BPO/ITES units are operational in 102 cities providing direct employment of 41,628 persons
  • Indian Public Cloud market to reach $9.5 billio by 2025

    For the second half of 2020, the Indian public cloud services market totalled $1.9 billion, according to according to IDC's ‘Worldwide Semiannual Public Cloud Services Tracker'.
  • Dorsey’s firm Square to invest $5M for solar-powered Bitcoin mining

    The facility will be a proof-of-concept for a 100 per cent renewable energy Bitcoin mine at scale, with the economics of the build-out -- including operational costs and ROI -- made open to the public.
  • Meet the new, unstoppable Indian tech honchos on world map

    The latest to join the elite tech CEOs' club is Rajesh Nambiar, currently the Chairman and Managing Director of Cognizant India, who has replaced Malcolm Frank, Executive Vice President and President, Digital Business
  • Good Health to recruit 150 people in Hyderabad

    The company this week has raised $5.2 million (about Rs 38 crore) from Khosla Ventures, Quiet Capital, W Health Ventures, Weekend Fund among other angels, said its CEO Samarth Sindhi
  • OpenText sees growth in cloud business

    Company’s Hyderabad centre builds capabilities in code development, data analytics, artificial intelligence and other core areas
  • Hyderabad-based NCL Industries rebrands doors division

    Originally started in 2019, NCLdoor is made with bison panel to withstand moisture, fire, termites and other elements that affect the overall life of a door.
  • BoB board approves setting off Rs 11,048 cr losses against share premium account

    For fiscal year 2020-21, the bank reported a net profit of Rs 828.95 crore, up 52 per cent from Rs 546.18 crore a year ago.
  • Suraksha Group seeks more time to submit final bid for Jaypee Infratech

    The company said it is also evaluating on possibility of improving the resolution plan as regards the lenders.
  • Paytm loss narrows to Rs 1,704 cr in FY21

    The total revenue of the company declined about 10 per cent to Rs 3,186 crore in 2020-21 compared to Rs 3,540.77 crore in the previous year.
  • IndusInd Bank to raise climate financing to 3.5 pc in two years

    The bank has also committed to reducing its specific carbon emission by 50 per cent over the next four years, it said in a release.
  • PNB to pick stake in NARCL; plans to transfer Rs 8,000 cr worth NPA

    All the bigger banks are contributing but the stake of each will be less than 10 per cent, he explained.
  • Brazilian health regulator approves Covaxin, Sputnik V import

    Anvisa also approved a proposal to import Russia’s Sputnik V vaccine.
  • TITA launches environment reconnect initiative for techies

    Many just have  access to mobile, television, laptop and other digital devices, which in turn is taking a toll on the health and wellbeing of people.
  • REC subsidiary RECPDCL hands over 2 SPVs to Power Grid

    REC Limited is a Navratna NBFC focusing on Power Sector Financing and Development across India.
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