CM Yogi Adityanath meets entrepreneurs to discuss investment possibilities in UP

The delegation, which met the chief minister on Wednesday, also expressed enthusiasm for participation in Global Investors Summit to be held in February next year. PTI December 22, 2022 / 10:40 AM IST Uttar Pradesh Chief Minister Yogi Adityanath (File image) A group of Indian entrepreneurs met Uttar Pradesh’s Chief Minister Yogi Adityanath and discussed […]

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Cognizant teams up with Garuda Aerospace to propel drones with advanced digital capabilities

IT major Cognizant on Thursday announced that it has signed a pact with Garuda Aerospace, a drone startup, to power its drones with advanced digital capabilities. The Memorandum of Understanding (MoU) will also bring innovative solutions at scale for enterprises, according to a statement. Cognizant and Garuda Aerospace will collectively bring a slew of drone-based […]

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INT. announces strategic investment in remote development SaaS startup Codebuddy

“INT. makes strategic investment in remote development SaaS startup Codebuddy,” a statement said, adding the move demonstrates INT.’s commitment to harness the benefits of emerging technologies to empower non-enterprise customers in a connected economy. PTI December 22, 2022 / 02:06 PM IST Startup Indus Net Technologies (INT.), a digital engineering and transformation service provider, on […]

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Vedanta announces incentives for purchase of EVs by employees

As part of its commitment towards net-zero carbon, the company has pledged 100 per cent of its light motor vehicles to be decarbonised by 2030. PTI December 21, 2022 / 11:39 AM IST Vedanta ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < 0){ // $ (‘#greentxt_’+articleId).removeClass(“greentxt”).addClass(“redtxt”); // […]

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MC Insider: Buyback blowback, regulator gunning for private job, wedding extravaganza, how the wallet business died, and more

The Sebi move to phase out market buybacks will result in a lull in private equity deals, while putting promoters back in a quandary. It is common knowledge that a number of private equity players engage in assured return arrangements with promoters, wherein they agree on an exit price for their investment. Earlier, these exits […]

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Kalyani Group aims to manufacture 250,000 tonnes of green steel in 2023-24: Amit Kalyani

Amit Kalyani, Deputy Managing Director of Bharat Forge The Kalyani Group aims to manufacture 250,000 tonnes of ‘green steel’ from its electric arc furnace plant in Pune operated by Saarloha Advanced Materials, Amit Kalyani, Deputy Managing Director of Bharat Forge, told Moneycontrol. Green steel is a variety manufactured without the use of fossil fuels. It is produced by […]

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M3M India buys 350 acre land in Panipat for Rs 1,500 crore; to build township at Rs 2,700 crore cost

Realty Realty firm M3M India on Wednesday announced that it has acquired 350-acre land in Panipat, Haryana, for Rs 1,500 crore and will invest another Rs 1,200 crore to develop an integrated township. Gurugram-based M3M India promoter Pankaj Bansal said the company will invest a total of Rs 2,700 crore, including land and construction costs, to […]

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Dabur promoters offload 1% stake through block deal

“Burman family, who are part of the majority shareholders of Dabur India Ltd, have sold approximately 1 per cent shares through a block deal,” said a regulatory filing by Dabur India. PTI December 21, 2022 / 07:30 AM IST (File image) ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else […]

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Apple finds a happy home in India

Many of Apple’s more than 1.2 billion iPhone users appreciate how the tech giant has kept things simple over the years. (Bloomberg image) India is taking a bite out of Apple’s supply chains, and it will end up at their core too. Helped by generous subsidies, Taiwanese Apple suppliers are starting to churn out more iPhones […]

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