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IPO boom: Record Rs 1.6 lakh crore raised in 2024; new year to see greater heights

IPO boom: Record Rs 1.6 lakh crore raised in 2024; new year to see greater heights

Sun, Dec 22, 2024

Fundraising via IPOs in India hit another landmark as economic growth, favourable market conditions and improvements in the regulatory framework helped companies raise a record Rs 1.6 lakh crore in 2024, while the pipeline for the next year holds out bigger promise.

Companies from 20 countries to participate in Didac India 2024

Companies from 20 countries to participate in Didac India 2024

Fri, Sep 06, 2024

India Didactics Association CEO Aditya Gupta said that to support the government's vision and further boost India's education system, DIDAC India 2024 brings together thought leaders, educators, policymakers and industry officials from across the world for in-depth exploration and global showcase.

Is the sugar industry ready for supply?

Is the sugar industry ready for supply?

Tue, Aug 13, 2024

After petrol, now ethanol will be available in diesel! Is the sugar industry ready for supply? What will be the impact on sugar prices? Watch Zee Business' exclusive conversation with Atul Chaturvedi, Executive Chairman, Shree Renuka Sugars.

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In a first, IndiGo to operate wide-body Boeing 777 planes for international operations

In a first, IndiGo to operate wide-body Boeing 777 planes for international operations

Wed, Oct 12, 2022

With the civil aviation sector slowly recovering from the pandemic blues globally, airlines, including those from India, are looking to expand their fleet as well as routes to cater to the rising travel demand.

Here are all the LIVE UPDATES on Wipro Quarterly, Q2 FY2023 Results, Earnings Announcement:-

Wipro Quarterly Results: Q2FY23 Earnings ANNOUNCED - Growth of 4.1% QoQ! Check Net Profit, Revenue And HIGHLIGHTS

Wed, Oct 12, 2022

Wipro Quarterly, Q2 FY2023 Results, Earnings Announcement: The company reported a 9.6 per cent drop in its net profit in the second quarter, on lower earnings from clients in non-US markets.

Nissan to exit Russia as Japanese automaker plans to sell operations to local partner

Nissan to exit Russia as Japanese automaker plans to sell operations to local partner

Wed, Oct 12, 2022

Nissan did not give a dollar value for the sale but said it would log a 100 billion yen (USD 680 million) "impact" from its exit from Russia.

Vikas Lifecare acquires 30% stake in Ardh Sainik Canteens - Details to know

Vikas Lifecare acquires 30% stake in Ardh Sainik Canteens - Details to know

Tue, Oct 11, 2022

Ardh Sainik Canteen Stores (ASC) is a concept for a chain of retail stores being operated by the retired paramilitary personnels or the family members of existing jawans at their hometowns.

Financial bids for IDBI Bank likely to be invited by March, sale process to conclude next fiscal

Financial bids for IDBI Bank likely to be invited by March, sale process to conclude next fiscal

Tue, Oct 11, 2022

LIC holds 49.24 per cent stake in IDBI Bank, while the government holds 45.48 per cent stake. The remaining 5.2 per cent stake is with the public shareholders.

HCL Tech to train up to 18,000 technology, consulting professional on Google Cloud

HCL Tech to train up to 18,000 technology, consulting professional on Google Cloud

Fri, Oct 07, 2022

The two companies are now expanding their partnership to significantly scale HCL Tech's capacity to support digital transformation and deliver critical migration, legacy system modernizations and professional services for enterprise customers.

Happiest Minds Technologies board approves raising of Rs 1,400 crore through equity debt

Happiest Minds Technologies board approves raising of Rs 1,400 crore through equity debt

Thu, Oct 06, 2022

IT company Happiest Minds Technologies board on Wednesday approved raising of up to Rs 1,400 crore through equity or debt bonds, the company said in a regulatory filing.

Tata Steel begins operations at Neelachal Ispat plant in Odisha

Tata Steel begins operations at Neelachal Ispat plant in Odisha

Tue, Oct 04, 2022

Narendran, who is also the CEO & Managing Director of parent Tata Steel, said the focus is now on ramping up production gradually to rated capacity as per plan.

Banks & Companies Have Given Business Updates For The July-September Quarter? Performance Update

Banks & Companies Have Given Business Updates For The July-September Quarter? Performance Update

Mon, Oct 03, 2022

Business Updates for the September Quarter - How was the production of Coal India, NMDC? Many banks and companies have given business updates for the July-September quarter and the month of September, Whose performance is how - know from Nupur.

This online furniture startup to go omni channel in 2023, plans to open offline stores

This online furniture startup to go omni channel in 2023, plans to open offline stores

Fri, Sep 30, 2022

Commenting on the announcements, Atif, Founder and CEO of Ouch Cart, said, "We are really excited to be venturing into this business model."

Vikas Ecotech announces new plant to start this fiscal

Vikas Ecotech announces new plant to start this fiscal

Thu, Sep 29, 2022

The company said it has successfully applied for registration of patent title Smart Intelligent Coatings using nano Calcium Carbonate blended in conjugated polymer matrix for corrosion protection and a process for the preparation thereof.

Companies To Increase Expenditure For Advertisement This Feative Season

Companies To Increase Expenditure For Advertisement This Feative Season

Tue, Sep 27, 2022

Companies will increase spending on advertising in the festive season. Know the complete details from Kushal Gupta.

Cement companies' profitability seen dipping 15% on input costs

Cement companies' profitability seen dipping 15% on input costs

Tue, Sep 27, 2022

On credit profile, the report, based on an analysis of 22 cement-makers that account for 85 per cent of the market volume, said higher demand will mitigate the impact of lower profitability on absolute operating profit and cash accruals of cement makers.

Zomato, Swiggy make it to top 10 global online food delivery firms

Zomato, Swiggy make it to top 10 global online food delivery firms

Fri, Sep 23, 2022

Zomato approved the acquisition of quick commerce start-up Blinkit for Rs 4,447.5 crore ($570 million) in an all-stock deal.

Govt amends rules governing corporate social responsibility

Govt amends rules governing corporate social responsibility

Fri, Sep 23, 2022

Under the Companies Act, 2013, certain classes of profitable companies are required to spend at least 2 per cent of their average net profit of the preceding three financial years on CSR activities in a particular financial year.

IRCTC causing loss to exchequer by not issuing invoice: Tax consultant

IRCTC causing loss to exchequer by not issuing invoice: Tax consultant

Fri, Sep 16, 2022

In a letter to Union Finance Minister Nirmala Sitharaman, Chandigarh-based tax consultant Ajay Jagga said the Supreme Court recently issued notices to the Central government on a plea seeking to plug existing loopholes in the GST system.

Godrej Properties clocks Rs 1,210 crore sale bookings in two new Mumbai projects

Godrej Properties clocks Rs 1,210 crore sale bookings in two new Mumbai projects

Fri, Sep 16, 2022

In a regulatory filing, the company said it launched two new projects, Godrej Ascend located at Kolshet Road, Thane and Godrej Horizon located at Dadar, Wadala, during first quarter of this fiscal year.

TCS launches Mobility Cloud Suite for automakers and suppliers

TCS launches Mobility Cloud Suite for automakers and suppliers

Thu, Sep 15, 2022

"TCS Mobility Cloud Suite is a one-stop-shop for automotive companies to unleash the power of cloud and cross-industry know-how so they can accelerate their journey toward electric and autonomous vehicles, take customer experience to new heights, and ignite new ecosystem partnerships," said Head, Manufacturing, Energy and Resources, TCS Americas, Partha Reddy.

RattanIndia launches Made in India drone Defender - it can lock, track and neutralise rogue drones

RattanIndia launches Made in India drone Defender - it can lock, track and neutralise rogue drones

Thu, Sep 15, 2022

Anjali Rattan, Business Chairperson of RattanIndia Enterprises, said that the Defender is an important addition to the company's new product line-up, adding that the offering will level the playing field.

DHL Supply Chain expansion plan in India: Plans to invest Rs 4,000 crore over next 5 years

DHL Supply Chain expansion plan in India: Plans to invest Rs 4,000 crore over next 5 years

Wed, Sep 14, 2022

It also plans to double its workforce in India to around 25,000 people by 2026, and make its entire intra-city fleet into green transport by 2025, the company said.

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