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Industry.AI partners with Sharper Shape

industry ai

Industry.AI, the enterprise AI subsidiary of Bharat Light & Power Pvt. Ltd. announced that it has partnered with US-based Sharper Shape to offer solutions for power grid monitoring and maintenance via aerial inspection using helicopters, drones, and other sensor packages. The strategic partnership aims at working towards providing solutions for asset management, vegetation management, and […]

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Coforge receives approval from board to raise Rs 375Cr

coforge

IT firm Coforge Ltd announced on Tuesday that its board has approved plans to raise up to Rs 375 crore through different instruments. In a regulatory filing, Coforge stated, ‘The board has approved subject to applicable laws and receipt of shareholders and other necessary approvals the fresh issuance of equity shares by the company for […]

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EaseMyTrip collaborates with Lifestyle

easemytrip

Easy Trip Planners has announced a collaboration with Lifestyle to mutually provide their customers with additional perks and rewards. As the country is steadily recovering from the second wave, the collaboration intends to address the increasing demand in both sectors and revive the travel and retail industry.  EaseMyTrip will offer its customers exciting offers from […]

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Geojit launches Partner Portal to promote entrepreneurship

geojit partner portal

Geojit Financial Services announced the launch of an innovative Partner Portal to promote entrepreneurship and help investors overcome the economic distress brought about by the pandemic to create wealth. The portal will also boost the gig economy that is helping professionals, educated housewives, and youth, among others, make money by collaborating with Geojit at zero […]

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India Pesticides IPO subscribed over 29 times on final day

india pesticides ipo

Data from the stock exchange showed that India Pesticides Ltd’s ₹800-crore initial public offering (IPO) drew bids for 29 times the number of shares on offer. At the close of the three-day offering, the IPO got bids for over 560.73 million shares as compared with the issue size of 19.31 million shares. At the upper […]

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IIFCL plans to invest Rs 4,000Cr in InvITs

iifcl investment

India Infrastructure Finance Company Ltd is looking to invest Rs 4,000 crore in Infrastructure Investment Trusts (InvITs) in the current year, subject to RBI’s permission, the company’s Managing Director P. R. Jaishankar stated.  He also said the company is content with a capital adequacy ratio of 31 percent and would not need capital infusion from […]

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Saankhya Labs partners with Ligado Networks

Saankhya Labs, an indigenous semiconductor company announced on Monday that it is partnering with US-based Ligado Networks to build next-generation satellite communication products and technology.  As part of the deal, the companies will tie up to assess and determine the adoption of advanced mobile broadcast technologies for operation on Ligado’s advanced satellite network. Ligado is […]

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Zoomcar eyes US listing via SPAC

zoomcar us listing

Zoomcar Inc. is looking to list in the US within 12 months to penetrate markets past its home base of India and as COVID-related health concerns increase demand for car rental. Greg Moran, co-founder and Chief Executive Officer of Zoomcar said, “There’s a lot of momentum in the public markets for this type of story.” […]

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