Companies Business News from the Industry

Sun Pharma reports Q1 net profit at Rs 1,387 crore

Sun Pharmaceutical on Tuesday reported a net profit of Rs 1,387 crore in the April to June quarter of 2019-20, up 31 per cent in the year-on period.

Chennai based Uniphore sees momentum, raises USD 51 Million

Uniphore, the global conversational AI technology company, is gaining momentum and announced today it raised $51M in Series C funding led by March Capital Partners, with

Fintech Firm Clearwater Analytics to open its first office in India

Clearwater(r) Analytics announced today that the company will open and staff a new office in Noida, India.

Industrial Revolution: Jio announces launch of GigaFiber

Reliance Industries Chairman Mukesh Ambani on Monday announced the commercial launch of Jio Fiber on September 5 with base plan starting at a speed of 100 MBPS and going up to 1 GBPS with prices ranging from Rs 700 to 10,000 per month.

Jio and Microsoft join forces to boost digital transformation in India

Reliance Jio Infocomm and Microsoft Corporation on Monday announced embarking on a long-term strategic relationship aimed at accelerating the digital transformation of Indian economy and society.

Invest in Kashmir: Mukesh Ambani leads the way

Chairman and Managing Director of Reliance Industries Ltd, Mukesh Ambani on Monday said that his company would make several announcements for Jammu & Kashmir and Ladakh region in the near future.

Reliance to empower three crore merchants and shop owners

Reliance Industries is working towards empowering three crore merchants and kirana shop owners with its end-to-end digital and physical distribution stack new commerce, its Chairman Mukesh Ambani said on Monday.

Income Tax dept attaches property of Kamal Nath’s nephew Ratul Puri

The Income Tax Department attached the posh Delhi bungalow, which is in the name of…

After Facebook, Meesho looks to raise $200 million from SoftBank

Recently Bengaluru-based social commerce platform Meesho raised funds from social media giant Facebook. Now the company is in discussions to raise $150-200 million, as per Livemint reports.

Enlyft Networks brings India’s top influencers and brands together

en:fluence – 2019: Enlyft Networks brings India’s top influencers and brands together. Leading influencer management…

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