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Home  Business

Business

IFC invests USD 30 million in Biological E Ltd

IFC invests USD 30 million in Biological E Ltd

  • ChitInsure to protect subscribers’ data

    Over 15 companies on ChitFunds 2.0 Platform are already taking benefits of the ChitInsure since its beta launch in September.
  • GSK Consumer forays into nasal wash segment

    A saline wash with the moisturising benefit of natural glycerin, the product is recommended for daily usage, the company said in a statement.
  • Franklin Templeton MF’s six shut schemes generate Rs 11,907 cr

    Individually, Franklin India Ultra Short Bond Fund, Franklin India Low Duration Fund, Franklin India Dynamic Accrual Fund and Franklin India Credit Risk Fund have 49 per cent, 48 per cent, 34 per cent and 16 per cent of their respective AUM in cash.
  • PagarBook raises $ 15 mn in funding from Sequoia Capital, India Quotient

    The funds from the Series A round, which also saw participation from India Quotient, will be used in further product development and to drive customer acquisition, a statement said.
  • Amazon asks US judge to set aside $10 billion JEDI award to Microsoft

    The decade-long JEDI cloud contract meant for modernisation of the US armed forces was awarded to Microsoft in October 2019.
  • Texas, 9 other US states file antitrust lawsuit against Google

    The lawsuit filed on Wednesday in the US District Court for the Eastern District of Texas alleges that Google entered into an anticompetitive agreement with Facebook to boost its online advertising business.
  • Govt engages consultant to assist coal block allottees

    "Engaged a consultant to guide the allottees to navigate through the processes," Coal Ministry's additional secretary M Nagaraju said at an event organised by mjunction.
  • Intel unveils 6 next gen memory and storage chips

    The company also unveiled announced two new additions to its Intel Optane Solid State Drive (SSD) Series which feature performance and mainstream productivity for gaming and content creation.
  • India plans $60-bn investment in gas infra: Dharmendra Pradhan

    Speaking at Assocham Foundation Day Week 2020, the Minister said, "On the investments front, we have envisaged a spend of $60 billion in creating gas infrastructure till 2024, including for pipelines, LNG terminals and CGD (city gas distribution) networks.
  • Samsung, IBM join hands to develop enterprise solutions

    Samsung said it aims to provide enterprises with new 5G, edge computing and hybrid cloud solutions so that businesses can better manage their operations and embrace the fourth
  • Indian professionals cautiously optimistic heading into 2021: LinkedIn

    India has remained cautiously optimistic and resilient in the face of uncertainty, and overall confidence scores remained steady between plus-50 and plus-57 from April to November.
  • Samsung denies rumours of Galaxy Note series discontinuation

    Speculation has arisen recently that Samsung may reconfigure its premium smartphone lineup with Galaxy Z foldables and Galaxy S devices after ditching the Galaxy Note family that is highlighted by S-Pen stylus features.
  • Tide sets up development centre in Hyd

    Spread over 15,000 sqft, the centre already has 70+ experienced and highly talented technology professionals working on cutting edge technologies.
  • Zomato CEO owns responsibility for running worst digital workplace

    "Zomato ranked at the bottom of 2020 Fairwork India scores. We knew we had things to work on, but we didn't know that there is so much room for improvement," Goyal said in a tweet.
  • India smartphone market grows 42% in Oct amid festive sales

    This is the highest ever October shipments and the second highest for a month, following 23 million units in September 2020, an all-time high for a single month, said the report.
  • Vahdam India raises fund from ex-tea entrepreneur Ketan Desai

    In a statement, Vahdam said Desai has invested in the brand, without disclosing the amount.
  • T-Hub launches new programmes for corporates

    Leading global corporates like AWS, Boeing, Facebook, Google, HSBC, Microsoft, Novartis, Qualcomm, among others have already partnered with T-Hub.
  • Rupee rises 6 paise to 73.52 against US dollar in early trade

    Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.44 per cent lower at 90.05.
  • Sensex, Nifty open marginally higher, scale fresh intra-day records

    UltraTech Cement was the top gainer in the Sensex pack, rising around 1 per cent, followed by Sun Pharma, IndusInd Bank, Reliance Industries and HDFC.
  • ‘Exhibition industry showing signs of recovery’

    However, Anbu Varatan was quick to add that the recovery will depend on the economic recovery of the country, vaccine scenario and travel guidelines.
  • ChitMonks launches insurance products for subscribers

    ChitMonks works with registered chit fund companies and helps them build trust in their operations through block chain technology and making them 100 per cent digital.
  • 400 foundries stop production over raw material price hike

    The foundries, affiliated to the Coimbatore Tiny and Small Foundry Owners Association (COSMAFAN), stopped production indefinitely, resulting in a loss of Rs 30 crores daily, its president Shiva Shanmughakumar said.
  • WhatsApp to help users buy ‘sachet-sized’ health insurance

    The Facebook-owned company noted that its 'Payments' feature is now available to users across the country (currently up to 20 million users) with support from banking partners - State Bank of India, HDFC, ICICI and Axis Bank.
  • RBI governor asserts financial inclusion poised to grow in India

    He also highlighted the RBI's and government's role and steps required for enhancing financial inclusion and education.
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