Sundaram

Cellular module manufacturer Cavli Wireless has raised $10 million as part of its latest funding round, which was led by Chiratae Ventures and Qualcomm Ventures. The company says it will use the funding to expand its product portfolio,…

Sundaram Home Finance Ltd. Managing Director D Lakshminarayanan Sundaram Home Finance Ltd. (SHFL), as part of its expansion programme, is planning to enter into the affordable housing segment during the current fiscal, said a top…

Harsha Viji | Photo Credit: BIJOY GHOSH Sundaram Finance Ltd., reported standalone net profit for the fourth-quarter ended March grew 6% year-on-year to ₹316 crore on improving asset quality and tight cost control. Disbursements grew by…

India’s economic activity picked up pace in April on record tax collections and a booming services sector though rising unemployment and weaker trade metrics could sap some sentiment.The needle on a dial measuring the so-called Animal…

Sundaram Home Finance Ltd. (SFHL) has posted a 23% growth in net profit for the quarter ended March from the year-earlier period to ₹65 crore.Disbursements rose 54% to ₹1,222 crore. Assets under management for the full year rose to ₹11,005…

Amazon.com Inc shares fell nearly 5% on Friday after the company warned its lucrative cloud services business slowed further in April, fuelling concerns that the long-time growth driver was struggling with a pullback in technology spending.…

Growth in Amazon.com Inc's lucrative cloud business is slowing and investors are worried.Shares fell 4% on Friday as Amazon's cloud business slowed in April after posting its weakest quarterly growth since the company began breaking out the…

Safe Security, earlier called Lucideus, on Tuesday said it has raised $50 million in a funding round dubbed Series B and led by Sorenson Capital, a Utah-based venture capital fund.Returning investors in this round include Fidelity…

Sundaram Home Finance Ltd. Managing Director D. Lakshminarayanan | Photo Credit: Special Arrangement Buoyed by the success of its small business loans (SBL) operations, Sundaram Home Finance Ltd, (SHFL) has drawn up plans to double the…

File photo of Kiran Mazumdar-Shaw | Photo Credit: K. Murali Kumar Infosys announced the retirement of Kiran Mazumdar-Shaw as Independent Director of the Board, effective March 22, 2023, upon completion of her tenure.The Board has appointed…