The Offer for Sale (OFS) of Steel Authority of India Ltd (SAIL) has witnessed strong interest from retail as well as non-retail investors. “Retail portion was subscribed about 5.22 times,” DIPAM Secre
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Backed by the trend of usage-sans-ownership, the top car brand is actively buffing up its presence in the subscription ecosystem in the country.
Itâs ideal to fight your battles in a familiar battleground. Thatâs auto giant Maruti Suzuki Indiaâs current strategy for its subscription model in one sentence.
The leading carmaker introduced its subscription service in September last year which included models like Swift, Baleno, Dzire, Ciaz, Vitara Brezza, Ertiga and XL6. The company then expanded the service to three new vehicles Wagon R, Ignis and S-Cross earlier this month (January 2021).
Originally a domain of car rental startups like Zoomcar and Revv, the auto market leaderâs entry indicates that it could be the next big thing in mobility. The subscription model joins existing models of auto consumption like rentals, cab-hailing, ownerships, leasing and pre-owned vehicles. The question is, will the newbie subscription model eat out of the existing
NEW DELHI: Den Networks has reported total revenue of Rs 342 crore for the quarter ended 31 December 2020, up eight per cent on a year-on-year basis. During the same quarter last year, it clocked Rs 318 crore in revenue. Net profit rose 238.69 per cent to Rs 65.57 crore, as against Rs 19.36 crore during the corresponding period in 2019. The profit after tax stood at Rs 60
DGAP-Ad-hoc: 7C Solarparken AG / Key word: Capital Increase
7C Solarparken AG resolves on capital increase with subscription rights of up to EUR 8 Mio.
13-Jan-2021 / 08:48 CET/CEST
Disclosure of. | January 14, 2021
socaltech.com
CookUnity Picks Up $15.5M, Eyes Los Angeles
CookUnity, a startup which connects up and coming chefs with consumers with fully cooked and prepared meals delivered via weekly subscription, says it is opening up a new kitchen in Los Angeles, after raising $15.5M in a Series A funding round. The startup based in New York said the funding will allow it to open up two new kitchens, including the ones in Los Angeles, and one in Texas. The funding was led by Fuel Venture Capital, and also included IDC Ventures and other existing investors. CooksUnity said it lets consumers choose from over 300 meals from its chefs, tailored to different palates and dietary preferences, which are delivered through a weekly subscription. Those meals are delivered to a consumer s home every day. The company says its meals start at $10.49 per meal.