Honasa Consumer (Mamaearth), with an average revenue growth of 491 per cent over last year, has topped the list of companies that attracted private equity investments in India.

As per a media statement by Hurun Research, Encube Ethicals, an integrated pharmaceutical company, is ranked second, reporting a growth of 343 per cent. Ecom Express, a tech-enabled logistics solutions provider, is ranked third (283 per cent growth).

Public sector lender Canara Bank plans to raise upto Re 3,500 crore through tier II bonds in tranches for enhancing capital adequacy ratio to meet growth requirements.

Its last capital raise via Tier II bonds for Rs 2,500 crore was in December 2021 at coupon of 7.09 per cent. It is likely to come to market on August 25, 2022 with the first tranche of tier II bonds (10-year tenure) having primary size of Rs 1,000 crore.

AirAsia India will use CAE’s artificial intelligence-powered training system to train the airline’s pilots, the two companies jointly announced on Tuesday.

Canada-headquartered CAE is a leading provider of pilot-training solutions based on simulation technology.

The US has confirmed over 15,000 monkeypox cases, according to the latest data from the US Centers for Disease Control and Prevention (CDC).

A total of 15,433 known monkeypox cases had been reported nationwide as of Monday, Xinhua news agency reported, citing CDC data.

The Central Bureau of Investigation on Wednesday conducted raids in Bihar in alleged land-for railways jobs case.

Raids by a central agency are underway at the residence of RJD MLC Sunil Singh in Patna.

Apple Inc. plans to begin manufacturing the iPhone 14 in India about two months after the product’s initial release out of China, narrowing the gap between the two countries but not closing it completely as some had anticipated.

The company has been working with suppliers to ramp up manufacturing in India and shorten the lag in production of the new iPhone from the typical six to nine months for previous launches, according to people familiar with the matter.

Amidst allegations of shortage of medicines in state-run hospitals in Kerala, a claim denied by the Left government, a monitoring system is expected to be introduced soon to keep track of availability and distribution of medicines in government-run medical institutions in the southern state.

The proposed introduction of the monitoring system was announced by Kerala Health Minister Veena George after inaugurating a training workshop here on ensuring availability and distribution of drugs in hospitals.

In a bid to expand the flying capacity ahead of the holiday season, the Tata Group has decided to induct several planes by 2023 for its two airlines, Air India and Air India Express. The company is planning to get six Boeing 777-2000 aircraft and 25 Airbus A320 Neo aircraft on lease by the first quarter of 2023, Economic Times (ET) reported.

Tata Group is in the final stages of placing an order for 200 narrowbody and widebody jets from Airbus and Boeing. But their delivery might only start by the end of 2024.

(Reuters) - British sportscar maker McLaren said on Monday it was entering the Indian market, with its first retail outlet set to open in Mumbai later this year.

India is largely a low-cost and price-sensitive car market in which luxury models account for just over 1% of total annual sales of about 3 million.

Food delivery firm Zomato said on Monday that it is going to discontinue its 'Pro' and 'Pro Plus' programmes for its consumers. The Deepinder Goyal-led firm introduced Zomato Pro and Zomato Pro Plus by upgrading its Zomato Gold programme to Zomato Pro in 2020. The Gurugram-based firm is now closely working with its customers and restaurant partners to craft a new programme.

“While Zomato Pro and Pro Plus have been loved tremendously by our customers and restaurant partners, we want it to be even more beneficial, especially for the most engaged customers and restaurant partners.

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