Enterprise Financial News

16.02 / 18:29

Provident Platform Enterprise country Schools Quess Corp to split into three independent listed companies

Quess Corp will split into three independent entities in what the business services provider said is a move aimed at unlocking shareholder value. The demerger proposal was approved at the company’s board meeting on Friday.

16.02 / 12:53

UPS Provident Strategy Enterprise show country acquires Bandhan Bank acquires 12 offices in Mumbai’s BKC for Rs 135 crore

Bandhan Bank has acquired 12 offices spread across two floors in a commercial tower in Mumbai’s business district Bandra-Kurla Complex (BKC) on an outright basis for more than Rs 135.64 crore. The bank has picked up these commercial offices in INS Tower in BKC from four different sellers — Suraksha Realty, Neostone Developers, Orbit Enterprises, and Veera Associates. The bank has picked up the new office space as part of its growth and expansion strategy. It is expected to use this new space, which is nearly four times bigger than the current office in BKC’s Platina tower, as its Mumbai corporate office.

16.02 / 12:21

UPS FIVE Enterprise Tesla NVIDIA show elon Tesla and Elon Musk Show Why Governance Doesn’t Matter—Until It Does

Adani Enterprises are almost back where they were. At Tesla, the governance mess is one explanation for a roughly 20% fall in the stock this year, even as the likes of Microsoft and Nvidia, fellow members of the Magnificent Seven, have risen.

16.02 / 10:49

markets Manufacturing Enterprise Research Trade Experts hospital Stock market today: Nifty 50, Sensex rise over 1% this week as focus shifts to fundamentals; Wipro, M&M, SBI shine

BSE Midcap index rose 0.78 per cent while the Smallcap index clocked a gain of 0.68 per cent. Also Read: Nifty 50 to Sensex: Why Indian stock market has been rising for last four days — explained with 5 crucial reasons The overall market capitalisation of the firms listed on the BSE rose to nearly ₹389.5 lakh crore from nearly ₹387.3 lakh crore in the previous session, making investors richer by about ₹2.2 lakh crore in a single session. All sectoral indices, except for Nifty Oil & Gas (down 0.61 per cent) and PSU Bank (down 0.36 per cent), closed higher.

16.02 / 08:09

markets Provident Maxim economy Enterprise wellness country Emergence of Mid-cap and Small-cap funds in India

Unit Linked Insurance (ULIP) plans. The AUM of the Indian MF Industry has grown from ₹9.03 trillion as on January 31, 2014 to ₹52.74 trillion as on January 31, 2024 around 6 fold increase in a span of 10 years. The Indian Insurance market is expected to reach US$ 200 billion by 2027 and the country is the ninth-largest life insurance market globally.

16.02 / 01:15

Platform Action Enterprise Interface wellness President information HR companies find many GenAI use cases to raise efficiency

AI technology with large organisations such as Service Now, ANSR churning out their own large language models (LLMs) and others such as TeamLease and GetWork serving unique use-cases using GenAI. Global tech leader Service Now partnered with Hugging Face to roll out the Now LLM, an instruction fine-tuned version of a model in the StarCoder model family, for HR leaders to drive productivity and operational efficiency by reducing redundant and manual tasks. «Now Assist, powered by our proprietary Now LLM, helps HR managers to handle issues from payroll discrepancies to paperwork changes without needing to sift through loads of information,» Sumeet Mathur, vice president & managing director, ServiceNow India Technology & Business Centre.

15.02 / 22:50

markets UPS Enterprise Updates Coffee Day Enterprises Q3 FY24 results: profit at ₹69.18Cr, Revenue increased by 5.36% YoY

Coffee Day Enterprises declared their Q3 FY24 results on 13 Feb, 2024. The topline increased by 5.36% and the profit came at ₹69.18cr.

15.02 / 17:08

IPO Provident Platform security Enterprise country reports Funding into Karnataka-based tech startups plummets by 72%. Here's what investors are looking for

unicorn companies in the country, according to a report published by Tracxn, a data intelligence platform. The Tracxn Geo Annual report stated that Karnataka's tech startup ecosystem received a total funding of $3.4 billion in 2023, which is a 72% plunge from the $12.2 billion raised in 2021, and an 83% decline from the $20.4 billion raised in 2021.

15.02 / 15:45

Citi Waters Enterprise community Fishing boating Deep in the Amazon Rainforest, a Bucket List Trip With a Thoughtful Mission

THE FANTASY VERSION of the Amazon that often seduces travelers—of a pristine, impenetrably vast jungle populated by jaguars, sloths and isolated pockets of indigenous tribes—does not prepare one for Manaus. A sprawling metropolis of more than two million people in the middle of the rainforest, the city is Brazil’s pre-eminent free-trade zone and home to multinational corporations like Foxconn and Samsung. A superb vantage point for people watching is a window seat at Caxiri, a restaurant overlooking Teatro Amazonas, a Belle Epoque opera house that opened in 1896.

15.02 / 14:59

Citi Enterprise Research trends Diversity country Features Table Space Technologies leased over one lakh square feet in the Cafe Coffee Day Square Property in Bengaluru

Table Space Technologies has leased over one lakh square feet in the Cafe Coffee Day Square Property in Bengaluru, which had served as the erstwhile corporate headquarter of the company and its flagship store. The lease term is 60 months with a lock-in period and commands a rental of Rs 175 per square foot with a 10% escalation every two years, as per the lease registry document shared by Propstack, a data analytics firm. The Cafe Coffee Day Square at Bengaluru’s premium Vittal Mallya Road has a total built-up area of over 100,000 sq ft, and each floor measures approximately 9,000 sq. ft, said the document.

15.02 / 14:19

Provident Platform Enterprise performer innovations reports Pegasystems soars 16% on robust FQ4 results and guidance

CAMBRIDGE, Mass. — Pegasystems Inc . (NASDAQ:PEGA), a leader in enterprise AI decisioning and workflow automation platform provider, reported a robust fourth quarter, surpassing analysts' expectations with an EPS of $1.77, significantly higher than the consensus estimate of $0.98. The company's revenue for the quarter also exceeded forecasts, coming in at $474.23 million against the anticipated $414.69 million.

15.02 / 11:47

UPS Citi Enterprise Trade Udemy slumps after poor guidance; Citi still bullish in the long term

Udemy (UDMY) saw its shares tumble more than 10% in premarket trading Thursday after the company issued disappointing revenue guidance for FQ1 and the full fiscal 2024.

15.02 / 10:13

Citi Manufacturing security Mobile Enterprise Southern reports Funding in Karnataka, Gujarat, and Tamil Nadu tech startups plummet in 2023: Report

Kerala-based startups witness 40% surge in seed-stage funding in 2023: Report Tamil Nadu startups also saw a crunch in funding, with an 85% plunge last year. Tamil Nadu-based tech startups secured a total funding of $255 million in 2023 as against $1.7 billion raised in 2022. Karnataka's tech startups attracted late-stage investments worth $2.3 billion in 2023, a 74% decline compared with $8.9 billion in 2022.

15.02 / 05:09

markets COST security Enterprise wellness social International Mint Explainer: Why AIFs want to pledge shares of investee companies

Mint explains Sebi's reservation on such arrangements and why there’s a rethink now. Sebi’s primary concern was regarding losses that investors might suffer should a portfolio company default.

15.02 / 05:09

markets Target Enterprise Moodys Trade Experts prevention Adani Green share price extends gains into second consecutive session, jumps 6%; here's why

BSE on Thursday, February 15, in a weak market. Adani Green Energy share price opened at ₹1870.30 against the previous close of ₹1852.70 and soon jumped 5.8 per cent to the level of ₹1,959.60. Around 9:50 am, the stock traded 4.60 per cent higher at ₹1,938.

15.02 / 00:43

UPS Entertainment Enterprise Sony show Videos Zee and Sony split up. Now, streaming studios are sulking

Zee Entertainment Enterprises, ending India’s largest entertainment deal, after months of fruitless talks to appoint a chief executive officer for the merged entity. The person cited above said Amazon Prime Video takes long to approve projects, and has cancelled some of the 40 titles it had announced in April 2022. “Disney, too, has been trying to cut losses, and buying and commissioning has been moving at a glacial pace there," the person added.

14.02 / 14:27

IPO Enterprise Polysil Irrigation Systems IPO allotment finalised: Latest GMP, how to check allotment status

Polysil Irrigation Systems IPO: The initial public offering (IPO) of small and medium-sized enterprises (SME) Polysil Irrigation Systems concluded on Tuesday, February 13, 2024 and the allotment status has been finalised today (Wednesday, February 14). The investors who applied for the issue can check the Polysil Irrigation Systems IPO allotment status in the registrar's portal, which is Bigshare Services Pvt Ltd.

14.02 / 12:53

UPS IPO economy Enterprise stage International Aye Finance expects 55% growth in AUM this year, eyes IPO in FY26

₹4,200 crore by the end of this year, with an anticipated growth to ₹5,500 crore by the end of fiscal year 2024-25 (FY25). This growth trajectory will help set the stage for the company to consider an initial public offering (IPO), said Sanjay Sharma, the company’s founder and managing director. “We will look at it (IPO) not in the next financial year, but the year after that.

14.02 / 10:47

Citi IPO Enterprise Juniper band Diversity hospital Juniper Hotels' Rs 1,800 crore IPO to open on February 21. Check details

Juniper Hotels, which runs hotels under the «Hyatt» brand, announced the dates for its maiden public offer on Wednesday. The Rs 1,800-crore issue will open for subscription on February 21 and close on February 23. The IPO with a face value of Rs 10 is entirely a fresh equity with no offer for sale (OFS) component. The price band for the public offer will be announced soon.

14.02 / 10:15

markets Sustainability Enterprise pandemic Experts 2020 Features Edtechs have a reality check moment. Will they survive it?

Blame it on the operational challenges of Byju’s, the erstwhile poster child of the edtech space, or the unending funding winter for startups, but the once-promising sector seems to be losing the plot. That’s an embarrassing about-turn for a segment that became a household phenomenon during the pandemic as remote learning drove many companies to a boom. But it’s possible for edtech to bounce back from its short-term challenges once funding improves, given the evergreen demand for learning, some experts say.

14.02 / 07:47

COST Booking Enterprise Trade performer reports NALCO share price rises 8% post Q3 results: Should you Buy, Sell or Hold the stock ?

National Aluminium Company (NALCO) share price gained more than 8% during the intraday trades on Wednesday following strong Q3 performance reported by the company. During the December quarter NALCO, the Navratna PSU saw its net profit rise 78 % to ₹488.47 Crore compared to ₹273.85 crore in the year ago quarte Crore in the previous quate year-ago quarter. Notably the net profit rose 137% over ₹206 crore reported by NALCO in the previous quarter.

frequently asked questions about Enterprise

What is Enterprise and why is it important?

Enterprise is a high-demand area that is in the spotlight. On our site, we regularly publish updates related to this subject.

Where can I find the latest updates on Enterprise?

All new posts about Enterprise can be found in the special selection. We publish information regularly.

How can I verify the accuracy of information on Enterprise?

We consult with professionals to ensure that the information about Enterprise is well-supported and informative for our readers.