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Paytm Lending CEO Bhavesh Gupta gets additional role to lead offline payments vertical

The company said it also plans to hire 30 senior leaders for product, technology and business roles across payments and financial services.
Moneycontrol Business News

Paytm Lending CEO Bhavesh Gupta gets additional role to lead offline payments vertical

The company said it also plans to hire 30 senior leaders for product, technology and business roles across payments and financial services.

Mumbai struggling with medical infrastructure amid pandemic: Report

Mumbai First and Praja Foundation released the “Ideal Mumbai public health manifesto”, highlighting the city’s primary healthcare needs and suggested a strong public health action plan.
Moneycontrol Business News

Mumbai struggling with medical infrastructure amid pandemic: Report

Mumbai First and Praja Foundation released the “Ideal Mumbai public health manifesto”, highlighting the city’s primary healthcare needs and suggested a strong public health action plan.

SEBI#39;s total income down 15% to Rs 813 crore in 2019-20

According to the annual accounts of SEBI made public on Wednesday, the total expenditure of the regulator rose to Rs 588.14 crore for the year ended on March 31, 2020, from Rs 492.34 crore in the previous fiscal.
Moneycontrol Business News

SEBI#39;s total income down 15% to Rs 813 crore in 2019-20

According to the annual accounts of SEBI made public on Wednesday, the total expenditure of the regulator rose to Rs 588.14 crore for the year ended on March 31, 2020, from Rs 492.34 crore in the previous fiscal.

SEBI observation letter validity period for NFOs back at 6 months

The regulator, in March 2020, had extended the validity period of observation letter issued by it for the launch of NFOs from six months to one year from the date of SEBI letter.
Moneycontrol Business News

SEBI observation letter validity period for NFOs back at 6 months

The regulator, in March 2020, had extended the validity period of observation letter issued by it for the launch of NFOs from six months to one year from the date of SEBI letter.

Appropriate public issue pricing crucial; i-bankers need to follow rules in letter, spirit: SEBI Chairman Ajay Tyagi

While urging merchant bankers to engage in wider consultations as for a proper balance between the issuers’ aspirations and investors’ interests, Ajay Tyagi also said that "needless to say, SEBI will not shy away from taking required action if it fi
Moneycontrol Business News

Appropriate public issue pricing crucial; i-bankers need to follow rules in letter, spirit: SEBI Chairman Ajay Tyagi

While urging merchant bankers to engage in wider consultations as for a proper balance between the issuers’ aspirations and investors’ interests, Ajay Tyagi also said that "needless to say, SEBI will not shy away from taking required action if it finds any intermediary not adhering to its mandate”.

HP starts manufacturing laptops, desktops in India

Powering the #39;Make in India#39; initiative of the Government of India, HP has started manufacturing multiple models of laptops, desktop towers and mini desktops at the Flex facility in Sriperumbudur near Chennai, Tamil Nadu, according to a statement.
Moneycontrol Business News

HP starts manufacturing laptops, desktops in India

Powering the #39;Make in India#39; initiative of the Government of India, HP has started manufacturing multiple models of laptops, desktop towers and mini desktops at the Flex facility in Sriperumbudur near Chennai, Tamil Nadu, according to a statement.

Tata Medical develops fast-testing solution for COVID-19

The solution, Tata MD CHECK Express RT-PCR, can be applied in multiple areas where quick, high volume, and reliable testing is required, such as airports and events, the company claimed.
Moneycontrol Business News

Tata Medical develops fast-testing solution for COVID-19

The solution, Tata MD CHECK Express RT-PCR, can be applied in multiple areas where quick, high volume, and reliable testing is required, such as airports and events, the company claimed.

ABB India board okays creating arm to divest turbocharger business for Rs 310 crore

In June 2021, ABB India had informed bourses regarding its proposal to divest/sell its turbocharger business in the Process Automation business segment.
Moneycontrol Business News

ABB India board okays creating arm to divest turbocharger business for Rs 310 crore

In June 2021, ABB India had informed bourses regarding its proposal to divest/sell its turbocharger business in the Process Automation business segment.

Ericsson considering base station production in Russia: Report

Russia has said it will extend telecoms operators’ licences beyond 2023 for LTE (long-term evolution) networks on the condition that they start building networks using only Russian equipment, part of a wider push by Moscow to promote domestic technology
Moneycontrol Business News

Ericsson considering base station production in Russia: Report

Russia has said it will extend telecoms operators’ licences beyond 2023 for LTE (long-term evolution) networks on the condition that they start building networks using only Russian equipment, part of a wider push by Moscow to promote domestic technology and IT services.

OYO appoints Nirdosh Chouhan as Senior VP; Kranthi Mitra as Senior Principal Data Scientist

ex-Apple executive Nirdosh Chouhan, who has over 18 years of industry experience, will spearhead OYO’s Core Engineering Platform that plays a critical role in the company’s business, OYO said in a statement.
Moneycontrol Business News

OYO appoints Nirdosh Chouhan as Senior VP; Kranthi Mitra as Senior Principal Data Scientist

ex-Apple executive Nirdosh Chouhan, who has over 18 years of industry experience, will spearhead OYO’s Core Engineering Platform that plays a critical role in the company’s business, OYO said in a statement.

Monster.com raises about Rs 137 crore in funding led by Akash Bhanshali, Mohandas Pai

Quess Corp also participated in the funding round. After the funding round, Monster.com is valued at close to $100 million (around Rs 755 crore).
Moneycontrol Business News

Monster.com raises about Rs 137 crore in funding led by Akash Bhanshali, Mohandas Pai

Quess Corp also participated in the funding round. After the funding round, Monster.com is valued at close to $100 million (around Rs 755 crore).

Central Bank of India, U GRO Capital ink co-lending deal, aim Rs 1,000 crore disbursal

Under this partnership, the two entities aim to disburse up to Rs 1000 crore to U GRO Capital’s varied MSME segments under its programmes like Pratham, Sanjeevani, Saathi, GRO MSME and Machinery financing, in the next 12 months.
Moneycontrol Business News

Central Bank of India, U GRO Capital ink co-lending deal, aim Rs 1,000 crore disbursal

Under this partnership, the two entities aim to disburse up to Rs 1000 crore to U GRO Capital’s varied MSME segments under its programmes like Pratham, Sanjeevani, Saathi, GRO MSME and Machinery financing, in the next 12 months.

FMCG players expect better growth, lesser inflationary pressure in 2022

Health and wellness and convenience are going to remain key trends and FMCG companies are strengthening their core brands, driving premiumisation across their portfolios with targeted innovations as consumers are gravitating towards trusted brands looking fo
Moneycontrol Business News

FMCG players expect better growth, lesser inflationary pressure in 2022

Health and wellness and convenience are going to remain key trends and FMCG companies are strengthening their core brands, driving premiumisation across their portfolios with targeted innovations as consumers are gravitating towards trusted brands looking for quality, purity and hygiene, in continuation of the trend that started since the pandemic last year.

No Cabinet decision on privatisation of two PSBs: FM Nirmala Sitharaman

In the Union Budget for financial year 2021-22, the government had announced its intent to take up privatisation of two PSBs in the year and approval of a policy of strategic disinvestment of public sector enterprises, Finance Minister Nirmala Sitharaman sai
Moneycontrol Business News

No Cabinet decision on privatisation of two PSBs: FM Nirmala Sitharaman

In the Union Budget for financial year 2021-22, the government had announced its intent to take up privatisation of two PSBs in the year and approval of a policy of strategic disinvestment of public sector enterprises, Finance Minister Nirmala Sitharaman said in a written reply in the Rajya Sabha on Tuesday.

Auto component industry cautiously optimistic for growth in FY22 despite COVID woes

The turnover of the automotive component industry stood at Rs 1.96 lakh crore (USD 26.6 billion) in April-September 2021, registering a growth of 65 per cent over the first half of the previous year.
Moneycontrol Business News

Auto component industry cautiously optimistic for growth in FY22 despite COVID woes

The turnover of the automotive component industry stood at Rs 1.96 lakh crore (USD 26.6 billion) in April-September 2021, registering a growth of 65 per cent over the first half of the previous year.

Sanofi to buy US biotech firm Amunix for $1 billion

Immuno-oncology firm Amunix is developing cancer therapies based on cytokines -- small proteins that play a role in controlling the immune system -- and T-cells, a type of white blood cell.
Moneycontrol Business News

Sanofi to buy US biotech firm Amunix for $1 billion

Immuno-oncology firm Amunix is developing cancer therapies based on cytokines -- small proteins that play a role in controlling the immune system -- and T-cells, a type of white blood cell.

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