Investment

Meghalaya and Ladakh sign MoU for decentralised solar projects Convergence Energy Services Limited (CESL), a CPSE under Ministry of Power has forged key partnerships on World Environment Day in an effort to further the deployment of electric vehicles in the...

Aggarwal calls for real time basis information sharing link on PLI Allocation of US$20 billion to 13 core sectors of the economy under the Production Linked Incentive (PLI) scheme will encourage incentive-led manufacturing and help exploit the potential to position...

Kant wants youth to be increasingly involved in decision making process Raising investment levels will be crucial to India's growth story in the future, said NITI Aayog CEO Amitabh Kant, while emphasising that India has an opportunity to usher in...

DAC also approves Air Defence guns and ammunition for Army worth Rs 6,000 crore The Defence Acquisition Council (DAC) has approved proposals concerning Capital Acquisitions of various equipment for modernisation and operational needs of the Armed Forces amounting to approx....

Hank Kafka, Guy Lupo and John Medamana to help build STL's global capabilities BSE-NSE listed STL (NSE: STLTECH) has named senior professionals, who are pioneers in the areas of wireless systems, software orchestration systems, software-defined networking, and passive optical network,...

Rastogi to set improve geographical reach and expand product line Singapore's sovereign wealth fund GIC led the US$50 million Series C funding for the Indian-origin Locus, a technology platform that uses machine learning and proprietary algorithms to automate complex supply...

Prosus Ventures, Dragoneer and Wellington Management leads Series F Funding Gurugram-headquartered Urban Company has raised US$255 million through Series F funding, saying it is for innovation, training, product development, enhanced quality control and safety measures for both partners and consumers....

Sridharan looks to hire 200+ people in product-engineering Exotel announced a fresh infusion of Rs.45 crores from A91 Partners, Blume Ventures and a panel of angel investors including Binny Bansal (Co-founder of Flipkart), Vikas Choudhury (President of Reliance Jio), Deep...

Gutmann to help customers protect mission critical SaaS data OwnBackup, a leading cloud to cloud data protection provider from New Jersey, has acquired Santa Clara-based Nimmetry which has a significant presence in Hyderabad to enter the Indian market for access...

Business Confidence Survey reports sharp deterioration in the optimism India's economy grew by 1.6% in the fourth quarter of 2020-21 though it contracted by 7.3% for the full financial year while the second wave of COVID-19 infection has impacted prospects...