Business

The bankruptcy of Silicon Valley Bank and its impact on the markets by Antonio Velardo

The banking crisis and subsequent collapse of Silicon Valley Bank presents a compelling case study that deserves analysis. Antonio Velardo tells us how SVB, one of the main lenders of venture capital funds and emerging technology companies, sank. The problem of diversification The bankruptcy of Silicon Valley Bank was partly due to the lack of diversification of its investments. Much of its…
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Business

Manish Saini - A Force to Reckon with!

Manish Saini, an eminent name in the steel business is altering the course of the enterprise in creative ways than ever done before. His approach to Manufacturing TMT bars in an ethical environment has received accolades from people of all strata’s alike. His Vision to create quality products and yet make them viable at the same time has ensured that TMT Bars brand of ‘Birla TMT Steel’ has…
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Business

Hutech Solutions announces the appointment of Hemanth Kumar Narayanan as its Chief Technology Officer

Bengaluru (Karnataka) [India], April 18: Hutech Solutions, a team of technology experts specializing in digital product development, announced today that Hemanth Kumar Narayanan has joined as its Chief Technology Officer. Hemanth will be responsible for leading Hutech’s technology vision and product innovation strategy. “Hemanth is a tremendous addition to our team. With his extensive…
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Business

IT counters weigh on early trade causing markets to decline; foreign funds exit

Equity benchmark indices witnessed a downfall for the third consecutive day on Wednesday, weighed down by weak trends in IT counters and foreign fund outflows. The negative sentiment was also fueled by weak global market trends. The BSE Sensex declined by 168.88 points to 59,558.13, while the NSE Nifty fell 48.35 points to 17,611.80. Among the major Sensex firms, Infosys, HCL Technologies, Asian…
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Business

Invesco offloads Rs 1,004 crore stake in Zee Entertainment Enterprises Ltd

US-based investment firm Invesco has sold its entire stake of 5.11% in Mumbai-based media and entertainment company Zee Entertainment Enterprises Ltd. The sale was made through an open market transaction, with the shares being bought by Segantii India Mauritius, Morgan Stanley Asia Singapore Pte, and Goldman Sachs Singapore Pte ODI, among others. The shares were sold at an average price of Rs…
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Business

Shortage of Merc EVs as demand surges

Mercedes Benz India Limited (MBIL) is facing a supply crunch in electric vehicles, hindering its expansion in the segment despite the high demand for EVs worldwide. CEO and Managing Director Santosh Iyer has stated that the Indian subsidiary currently does not have clear visibility on the availability of cars. However, the company plans to launch four new EVs in the next 12 to 18 months. Iyer…
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Business

RawmeN Wins Creative and Marketing Mandate of Aquastar, India's First uPVC Rainwater Gutter Manufacturer

Team RawmeN Nikhil Scaria (CEO), Roky Varghese (COO), Aadam Illias (CCO) with AquaStar CEO Seejo Ponnore & Anasooya Sasidharan (Marketing InCharge) Rawmen International Pvt Ltd, a full-service advertising agency, is proud to announce its latest partnership with Aquastar, leading rainwater gutter manufacturer. As part of the partnership, Rawmen has won the creative and marketing mandate for…
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Business

Hitachi Cooling & Heating India’s launches AirHome Series of Air Conditioners with Smart Features

Hitachi Cooling & Heating India has come up with an all-new, the airHome series, a range of split air conditioners, outdoor units, and remote control, with innovative features to provide comfortable and efficient cooling. The new airHome series contains three technologically advanced and high efficiency Inverter Split Air Conditioners series: Yoshi-with Dual Platinum Panel, Yoshi is a 5 Star…
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Business

Ahmedabad’s Leading Retail Tech Startup Aims To Digitize Over 5 Lakh Retailers Across India

VasyERP one of the leading Cloud-Based ERP Companies aims to Digitize 5 Lakh+ Retailers across India till 2025. VasyERP has launched its cost-effective Omnichannel & Counter less Retail Solutions to help small and medium-sized retailers compete with larger enterprises. In Plans To Bring ML And AI-Driven Demand Forecasting and Inventory Planning. The Indian retail market is one of the fastest…
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Business

Group Welkin creating niche in Corporate Gifting space with Premium Kitchenware Products

When people think about corporate gifting, the run-of-the-mill products come to mind. Laptop bags, T-shirts, Caps, Printed mugs, or Stationery sets. Some corporate gifting providers have chosen a less beaten track. Based in Hyderabad, Group Welkin has been creating its own niche in this exciting space. The company has built itself the reputation for catering to discerning clients who choose to do…
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