Corporate

Domestic stock markets are likely to start Wednesday's session on a positive note, continuing a rally amid optimism on a fast recovery from the coronavirus pandemic-caused slowdown. The Singapore Exchange (SGX) Nifty futures - an early indicator of the National Stock Exchange's Nifty 50 benchmark index - rose 48.4 points, or 0.36 per cent, to touch 13,467.20 at the strongest...

The partnership to provide more transparency, reliability and assurance to import and export shipments Mumbai:  To bring more transparency and reliability in import and export shipments, India’s leading digital forwarding startup Freightwalla has partnered with Maersk to offer spot rates on its platform. Inaccuracy and un-reliability were the two significant challenges that are being solved by Freightwalla while providing end-to-end supply...

Tata Power has received the Letter of Intent (LOI) for supplying electricity to the consumers of two electricity distribution companies (discoms) in Odisha i.e. the Western Electricity Supply Company of Odisha (WESCO) and the Southern Electricity Supply Utility of Odisha (SOUTCO). WESCO supplies electricity to consumers in the distribution circles of Rourkela, Burla, Balgarh, Bolangir and Bhawanipatna, while SOUTCO serves...

Bengaluru based location intelligence platform GeoIQ, that provides India’s most comprehensive and granular location data stack, has raised Rs 2.5 crore. The funding was backed by Ecosystem Ventures which invests in disruptive startups and helps them scale. 9Unicorns, Inflection Point (IP) Ventures and Kayenne Ventures also invested in this round. Founded in 2018 by Devashish Fuloria (CEO), Tusheet Shrivastava (CTO) and Ankita Thakur (Chief Data Scientist),...

Burger King India's ₹ 810 crore initial public offering (IPO) will open for bidding on December 2. The much-awaited IPO will remain open for subscription until December 4. The quick-service restaurant chain has fixed the issue price at ₹ 59-60 per share. The shares will be listed on the BSE Sensex and NSE Nifty indices on December 14. Burger King...

Manish Mehra, owner of Washex Hospitality, an industrial laundry service, recently flew from Delhi to Jodhpur to win a contract to service a large, government-run hospital - a move essential to kickstarting his business. "For a new relationship, it is essential to know each other before you can establish the trust and confidence to work online and that need is...

Burger King India's ₹ 810 crore initial public offering (IPO) will open for subscription on December 2. The IPO of the quick service restaurant chain will be open for three days, from December 2 to 4. The shares will be listed on the BSE Sensex and NSE Nifty on December 14. Burger King's initial public offer (IPO) will consist of...

Burger King India's ₹ 810 crore initial public offering (IPO) will open for subscription on December 2. The IPO of the quick service restaurant chain will be open for three days, from December 2 to 4. The shares will be listed on the BSE Sensex and NSE Nifty on December 14. Burger King's initial public offer (IPO) will consist of...

Infrastructure major Larsen and Toubro (L&T) has won the contract to build the country's longest river bridge. The road bridge will be 19-km long, to be built along the NH 127-B across the Brahmaputra river. It will connect Dhubri in Assam to Phulbari in Meghalaya. L&T Construction, the construction arm of the conglomerate, has secured the contract and will...

Equity benchmarks Sensex and Nifty rallied to fresh lifetime highs on Tuesday following broad-based buying interest amid persistent foreign capital inflows. Progress on a COVID-19 vaccine also spurred hopes for a faster economic recovery, leading to positive sentiment for equities. The Sensex rose as much as 495 points to an all-time high of 44,571.96 and Nifty 50 index surged...