Page 3 - Companies

GoMechanic Business acquired by a consortium led by Lifelong Group

According to sources, there is no clarity on what happens to the founders

CRISIL revises outlook on Vedanta's loans from 'stable' to 'negative'

The change reflects the possibility of higher-than-expected financial leverage and lower financial flexibility with reducing ratio of cash surplus to one-year maturities for FY23 and FY24

HP Inc introduces lineup of 150 products, solutions for future hybrid work

PC and printer major HP Inc on Wednesday introduced a robust lineup of 150 products, services and solutions for hybrid work under its 'FutureReady' portfolio

Total funding into Indian healthtech platforms plunges 55% in 2022

Total funding into healthtech companies in India plunged 55 per cent (year-on-year) to $1.4 billion last year, a report showed on Wednesday

Technology firms' engagement with ethical hackers at all-time high

As cyberattacks shoot up, tech firms are engaging with independent researchers more than ever

Eye on growth post-pandemic, ITC to invest Rs 3,000 crore annually in India

The fast-moving consumer goods (FMCG) company will use the money to build more manufacturing capabilities

10% of folios yet to comply as March 31 deadline for MF nomination looms

As of end-February, total MF accounts was 144 million

GPT-4: Bing to Word and Excel, AI is changing Microsoft platform experience

The company revealed that because of its services' integration with AI, the number of users of Edge Browser has shot up, and the queries' responses via Bing Search have also become more accurate

Wipro Consumer Care invests unknown sum in women's health startup Gynoveda

Founded in 2019 by a husband-wife duo and a gynaecologist, Gynoveda attempts to help women aged 14-45-years cure disorders such as infertility, PCOS, and irregular menstrual cycles

HR tech start-up InCruiter partners with Taggd to speed up hiring

Company's product helps in conducting interviews and selecting talent for IT and non-IT roles

Godrej Security sees Rs 1,200 cr revenue by 2025, bets on landmarks, BFSI

Company's systems used at Taj Mahal, Qutub Minar and by State Bank of India, Punjab National Bank

Desk bombing, loud leaving, monk mode among emerging workplace trends

LinkedIn report also finds that for many employees, Thursday is the new Friday

Here's why turmoil in China's mega EV industry may spark a shake-up

The boost part, though, is looking a bit tenuous for both established and EV firms

Our focus on satcom; leave Moon, Mars to others: Sunil Bharti Mittal

OneWeb launches its final 36 satellites, set to begin India ops in July-August

Consumer, tyre companies wait for crude derivative prices to ease

The firms also say that while crude oil prices have cooled off, they must sustain at current levels for actual impact to be seen on manufacturing operations

CoC stares at liquidation as IIHL, Torrent pause bidding for next round

Reliance Capital's lenders move to conduct a second round of auction is facing difficulties as the bidders are not said to be keen on another round under the insolvency resolution

Paytm gets extension from RBI for resubmission of PA license application

RBI says firm can continue with its online payment aggregation business while it awaits Centre's nod for investments from its parent firm One97 Communication into Paytm Payments Services Ltd

Social commerce the way to tap growing online buyers from smaller towns

Indian e-commerce was worth $83 bn in 2022, will likely grow to $185 bn in 2026, propelled by deeper internet penetration and digital payments

Technical issues at Lufthansa delay operations at Frankfurt airport

Lufthansa's operations were disrupted on Sunday at Frankfurt airport because of technical problems, German news agency dpa reported. Check-in systems on the airline's website and at the counter, as well as boarding, were affected at Germany's biggest airport, a Lufthansa spokeswoman told dpa. Some flights were delayed or would have to be cancelled because of the problems. Check-in was still possible using cellphone browsers on smartphones or tablets, and the Lufthansa app. The technical problems were caused by external IT service providers, dpa reported. Lufthansa asked travellers to check the status of their flights and said it was working with high-pressure" to resolve the issues. Last month, cable damage during construction work in Frankfurt caused Lufthansa computer systems to fail, resulting in flight cancellations and delays worldwide. Sunday's problems came a day before a national strike in Germany is set to bring the country's traffic to a standstill with airport, train an

Jack Dorsey's wealth tumbles $526 million after Hindenburg's latest report

Dorsey's fortune plunged by $526 million on Thursday, his worst single-day decline since May. He's now worth $4.4 billion after the 11% drop, according to the Bloomberg Billionaires Index