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Corporate

Unacademy has over 4,000 team members and more than 4,000 educators

TSOPs not ESOPs! Unacademy rolls out stock options for educators; to issue grants worth $40 million

Jul 29, 2021

Unacademy, which currently provides test preparation services for civil services exams, engineering and medical entrance exams, among others, became a unicorn in 2020

BharatPe Co-Founder and CEO Ashneer Grover (Source: LinkedIn)

BharatPe rolls out BMW bikes to new joinees; extends offer to product mangers

Jul 29, 2021

Ashneer Grover, founder and CEO of BharatPe, announced on LinkedIn the perks of joining the fintech firm have now been extended to product managers too

For the quarter ended June 30, 2021, UTI Mutual Fund's average assets under management was Rs 1,87,210 crore (Source:Reuters)

UTI AMC Q1 net profit up 53% to Rs 155 crore

Jul 29, 2021

The company reported a total income of Rs 350.11 crore during the first quarter ended June 30, 2021 as compared to Rs 270.37 crore in the same quarter a year ago

With the gradual opening of markets, TVS Motor is optimistic about the domestic & international demand coming back to normalcy

TVS Motor profit rises to Rs 53 cr in Q1; records Rs 3,934 cr revenue

Jul 29, 2021

TVS Motor stated that the overall two-wheeler and three-wheeler sales, including exports, registered 6.58 lakh units in the quarter ended June 2021 as against 2.67 lakh units in the June quarter of FY21

Representative Image

UTI AMC names Vetri Subramaniam as CIO, Ajay Tyagi as Head-Equity

Jul 29, 2021

Vetri Subramaniam, who has been appointed as the first CIO of the company, will oversee the equity, fixed income, research and dealing functions of UTI AMC

According to the company, its gross debt was at USD 9.2 billion as of June 30, 2021 (Source: Reuters)

ArcelorMittal reports $4,000 million net income in April-June quarter

Jul 29, 2021

The world's largest steelmaker had clocked a net loss of USD 559 million in the year-ago quarter, the company said in a statement

SoftBank Group shares rose 4.1% (Source: Reuters)

SoftBank sells $45 mn in Uber stock after Didi bet backfires

Jul 29, 2021

SoftBank shares have been under pressure in recent weeks on an unrelenting stream of crackdowns out of Beijing on fast-growing Chinese firms, ranging from Didi to edtech firms

JSW Green aims to be a green energy future tech company, with a pro-active approach to green hydrogen, offshore wind and battery energy storage. Photo: Reuters

JSW Energy ties up with Australia's Fortescue Future for production of green hydrogen

Jul 29, 2021

JSW Energy has laid out a blueprint to becoming a 20-GW capacity power generating company by 2030, with about 85% portfolio in green and renewable energy sources, says MD and CEO Prashant Jain

The new funds are a part of Google's broader contribution to the response to COVID across Asia-Pacific

Google offers $2.5 mn to UNICEF, IFRC to scale up COVID-19 response in Southeast Asia

Jul 29, 2021

According to Google, the new funds are a part of its broader contribution to the response to COVID across Asia-Pacific and will be instrumental in providing critical, life-saving support to the people who need it the most

Swiggy rolls out emergency features for delivery partners

Swiggy rolls out SOS button for delivery partners

Jul 29, 2021

Food delivery app Swiggy's hotline service for its delivery partners will now be available round-the-clock at the tap of a button to provide assistance from the moment of receiving the call till the case is closed completely

The interim direction was passed on FRL's appeal challenging the February 2 order of the single judge (Source: Reuters)

SC reserves verdict on Amazon’s plea against Future Retail-Reliance deal

Jul 29, 2021

On February 8, the division bench had stayed the single-judge direction to FRL and various statutory authorities to maintain the status quo on the mega deal