TVS Supply Chain IPO details; Check out the GMP and status
The TVS Supply Chain IPO will be closing today. It was subscribed 2.78 on day 3 so far. The TVS Supply Chain IPO opened on 10th August.
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IDFC MD Mahendra Shah’s tenure extended while Bipin Gemani named as CFO
Former IDFC Bank CFO Bipin Gemani has been named the company's CFO and full-time director with immediate effect till September 2024.
Top companies harnessing the power of Artificial Intelligence to drive innovation
Unveiling the pioneers shaping the future with AI-driven solutions
Spotify is expected to lay off employees as soon as this week in order to cut costs
In October, Spotify fired off 38 staffers from its Gimlet Media and Parcast podcast studios, as well as podcast editorial staff in September.
Byju’s pays Blackstone $234 million related to Aakash deal: Report
Blackstone Inc. has received a payment from Byju's of 19 billion rupees ($234 million), made on Thursday, for a 38% investment in the learning centre network Aakash that Blackstone now owns.
Tata Motors signs an agreement to pay Rs 726 crore for Ford India’s Sanand facility
A Unit Transfer Agreement (UTA) for the purchase of the Gujarat-based factory has been signed by Ford India Pvt Ltd (FIPL) and Tata Passenger Electric Mobility Ltd (TPEML), both of which are subsidiaries of Tata Motors.
Marico acquires 54% stake in snacks brand True Elements
Marico has its eyes on a lot of D2C brands, male grooming business Beardo, and organic cosmetics brand Just Herbs are two of Marico's other D2C investments.
Intel shareholders reject compensation package & payout of $178.6 million
According to a regulatory filing on Monday, shareholders rejected compensation packages, including a payout of up to $178.6 million to Chief Executive Officer Pat Gelsinger.
Paytm Mall’s operations to be now on ONDC: CEO Vijay Shekhar Sharma
Paytm Mall's operation will now be built on the Open Network for Digital Commerce (ONDC), which will have a greater impact on small enterprises, according to Paytm founder & CEO Vijay Shekhar Sharma.
Rapido raises $180 million in latest funding round, led by Swiggy
This round comes as Swiggy's competitor Zomato unveiled 10-minute food delivery, causing a stir among restaurant and delivery partners, as well as customers.
Shell to cease its operations in Russia
Major conglomerate Shell has left their Russian operations with the ongoing Ukraine war. Other major renewable energy companies like BP and Equinor are to exit their Russian operations as well.
Walmart reports revenue of $153 billion in Q4
Technology investments made by Walmart allowed the company to remain relevant and profitable despite increased competition from e-retailers.
Tata Steel Long Products accepts LoA for acquisition of Neelachal Ispat
Tata Steel Long Products became the winner of the bidding process to acquire Neelachal Ispat Nigam Limited.
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