Ola to set up India’s largest dark stores network, Dash
Medilytix Bureau: Ola is furthering its quick commerce ambitions with the setting up of what it claims to be the country’s largest dark store network – Dash. Over the next…
IndusInd Bank Q3 results: Net profit up 50% to Rs 1,242 cr; NII rises 11%
Medilytix Bureau: IndusInd Bank reported a 50 per cent year-on-year (YoY) jump in its consolidated net profit for October-December quarter at Rs 1,242 crore on the back of lower provisions.…
DealShare turns unicorn; raises $165 mn from Tiger Global, Kora Capital, others
Medilytix Bureau: Social e-commerce start-up DealShare has become the latest entrant to the coveted unicorn club as the company raised $165 million in a Series E funding round at a…
Vedanta Q3 net profit rises 26% to Rs 4,164 cr
Medilytix Bureau: Vedanta Ltd on Friday reported a 26.2 rise in consolidated net profit at Rs 4,164 crore for the quarter ended December 31, 2021. The company had posted a…
Data Privacy Day: How Indian firms can prepare in this privacy age
Medilytix Feature Desk : By 2025, it’s estimated that 463 exabytes of data will be created each day globally, as per the World Economic Forum. This poses a huge challenge…
Marico Q3 results: Net profit at Rs 317 cr; sales jump 13.4% to Rs 2,407 cr
Medilytix Bureau: FMCG firm Marico Ltd on Friday reported a marginal increase of 1.6 per cent in its consolidated net profit to Rs 317 crore for the third quarter ended…
Govt appoints Dr V Anantha Nageswaran as Chief Economic Advisor
Medilytix Bureau: The central government on Friday appointed Dr V Anantha Nageswaran as the new Chief Economic Advisor (CEA) with immediate effect. The announcement comes ahead of the presentation of…
‘LEVERAGING ARTIFICIAL INTELLIGENCE (AI) FOR INDIAN NAVY’ WORKSHOP AT INS VALSURA
Medilytix News Bureau: Indian Navy’s premier technical training institute INS Valsura organised a workshop on the contemporary topic ‘Leveraging Artificial Intelligence (Al) for Indian Navy’ from 19 to 21 Jan…
JNPT handles record cargo of 5.63 Million TEUs in 2021
Medilytix Bureau: Jawaharlal Nehru Port Trust (JNPT), India’s premier container port, continued its steady surge in cargo handling in 2021 with total container traffic of 5.63 million TEUs (5,631,949 TEUs)…
Zomato sets up NBFC, acquires minority stakes in UrbanPiper, AdOnMo
Medilytix Bureau: Online food delivery firm Zomato has set up a non banking financial company (NBFC) and invested in two companies – Ad tech firm Adonmo Pvt Ltd and B2B…