Ritambhara Jha

97 published stories

Ritambhara Jha is a Trainee Correspondent at Business Tabloid, covering news of various business sectors in the Indian market. She also reports industry updates and market performance of Indian start-up companies. She has a strong interest in reading books on journalism, psychology and philosophies.

Energy

Adani Ports Acquires Gopalpur Port in Odisha for ₹3,080 Crore

Commercial ports operator Adani Ports and Special Economic Zone (APSEZ) acquired a 95% stake in Gopalpur Port (GPL) on Tuesday, for an equity value of ₹3,080 crore ($369.6 million). The deal involved acquiring a 56% stake from Shapoorji Pallonji (SP) Port Maintenance and a 39% stake from Orissa Stevedores of GPL. The company also said […]

Ritambhara Jha26 March 20241 min read

Technology

Maruti Suzuki to Invest Over ₹1.99 Crore in Amlgo Labs

Motor vehicle manufacturing company Maruti Suzuki India invested over ₹1.99 Crore ($238.4 million) in Amlgo Labs on Saturday, with the aim of working in the fields of artificial intelligence (AI), machine learning (ML), cloud engineering, and data analytics to support businesses in making data-driven decisions. The carmaker said this is the second investment in a […]

Ritambhara Jha25 March 20241 min read

Energy

Mahindra Signs MoU with ATEL to Accelerate EVs in India

Motor vehicle manufacturing Mahindra and Mahindra signed a memorandum of understanding (MoU) with Adani Total Energies E-Mobility (ATEL) on Thursday, to broaden energy vehicle (EV) charging facilities in India. The agreement will include the rollout of e-mobility solutions to enable users with seamless access to the charging network including discovery, availability, navigation, and transactions, added […]

Ritambhara Jha22 March 20241 min read

Technology

Polymatech to Launch IPO of Over ₹750 Crore in April

Semiconductor chips manufacturer Polymatech Electronics is set to launch its initial public offering (IPO) and is looking to raise around ₹750 to ₹1000 Crore ($89.9 million to $119.9 million),based on a report of Moneycontrol on Thursday. The report also said the price range is expected between ₹680 and ₹750 per share, while Polymatech also intends to […]

Ritambhara Jha22 March 20241 min read

Technology

GlobalSpace Agrees to Buy 51% Stake of InnoPharm

IT services and consulting GlobalSpace Technologies signed a memorandum of understanding (MoU) to acquire a 51% ownership stake in InnoPharm Healthcare, tech service provider in pharmaceutical sector, on Thursday. GlobalSpace Technologies said this strategic move intends to establish a powerhouse of integrated solutions and a unique value proposition for the combined client base, cross-selling opportunities […]

Ritambhara Jha22 March 20241 min read

Finance

Policy Bazaar to Operate Payment Aggregator Subsidiary

Finance company Policy Bazaar Fintech received approval from its board on Wednesday, to establish PB Pay Private Limited, a wholly-owned subsidiary of the company to operate as a payment aggregator. The company aims to facilitate payment services both domestically and cross-border, subject to approval by the Reserve Bank of India (RBI), by facilitating offering merchants […]

Ritambhara Jha21 March 20241 min read

Technology

Bharti Hexacom to Launch IPO Valuation of ₹28,000 Crore

Bharti Airtel’s unit Bharti Hexacom is gearing up for its initial public offering (IPO), which is expected to launch in April. The company aims for a valuation of over ₹28,000 crore ($337.8 million), reported CNBC-TV18 on Thursday. The IPO is projected to raise about ₹4,300 crore, according to the report of CNBC-TV18 and this comes […]

Ritambhara Jha21 March 20241 min read

Energy

JSW, MG Motor India Partners to Launch New Energy Vehicle

Raw material manufacturer JSW Group partnered with Morris Garages (MG) Motor India on Wednesday, and the company outlined big plans for the Indian automobile sector, including the development of new energy vehicles. The newly created joint venture will be formally called JSW MG Motor India. JSW MG Motor India intends to launch one new model […]

Ritambhara Jha21 March 20241 min read

Leadership

Wipro Appoints Anne-Marie as CEO of Capco

Technology services and consulting company Wipro appointed insider Anne-Marie Rowland as Chief Executive Officer of its subsidiary Capco on Wednesday, effective April 1. Rowland has been currently working with tech and management consultancy firm Capco as Managing Partner in United Kingdom and Ireland for 14 years. She also worked with Accenture for four years as […]

Ritambhara Jha21 March 20241 min read

Energy

Good Enough Energy to Invest ₹450 Crore for Gigafactory in India

Renewable energy company Good Enough Energy, on Tuesday, said it is set to start Battery Energy Storage System (BESS) gigafactory by investing $450 Crore ($54 million) for grid stability with an initial capacity of seven gigawatt hours (GWh) in Jammu and Kashmir, India. The company said its battery gigafactory will begin operations in October, with […]

Ritambhara Jha20 March 20241 min read

Technology

Netradyne Collaborates with TaSki Technologies to Leverage Driver•i

IT services and consulting company Netradyne collaborated with TaSki Technologies, transportation solution provider on Wednesday, with an aim to gain access to real-time insights into driver’s behavior and interaction with customers. Netradyne said this agreement will allow TaSki to use Netradyne’sDriver•I which examines 100% driving time, TaSki will be able to detect possible risks, such […]

Ritambhara Jha20 March 20241 min read

Finance

CPP Investments Commits $219.1 Mln to India’s NHIT

Investment management organization Canada Pension Plan Investment Board (CPP Investments) on Tuesday, committed to investing ₹1820 Crore ($219.1 million) in National Highways Infra Trust (NHIT) units, which is run under National Highways Authority of India (NHAI). CPP Investments said this venture is a component of NHIT’s institutional placement capital raising. As part of the Government […]

Ritambhara Jha20 March 20241 min read