Welspun Enterprises to raise Rs 175 crore through NCDs

Welspun Enterprises has announced to raise Rs 175 crore through allotment of non-convertible debentures (NCDs) on a private placement basis. In a filing at the Bombay Stock Exchange, Welspun Enterprises said, "The Finance & Administration Committee of the Board of Directors of the company has approved the allotment of 1,750 rated, listed, secured, redeemable non-convertible debentures (NCDs) having a face

IDFC First Bank launches video-based KYC facility for customers to open new savings accounts

India-based private bank IDFC First Bank has introduced its video-based KYC facility so that customers can open new savings accounts without the need to visit a branch office. In a statement, IDFC First Bank said, "The digital facility offers customers a branch-like experience at home, making it possible to meet bankers virtually, at a time convenient to the customer. The zero contact method completely does away

Coronavirus: E-learning platform Digital Defynd launches 1000 free courses to help professionals and students

Delhi-based e-learning platform Digital Defynd on Thursday announced the launch of 1,000 free courses to help working professionals and students. In a statement issued by Digital Defynd said, "With mounting job losses and salary cuts, it becomes imperative for employees to look for alternative career options and companies with other costs that are already pinching the pocket. These free courses are perfect

Adani Ports and SEZ raises Rs 500 crore via NCDs

Gautam Adani owned Adani Ports and Special Economic Zone (APSEZ) has raised Rs 500 crore through issuance of non-convertible debentures (NCDs) on a private placement basis. In a filing with the stock exchange, APEZ sais, "The company has allotted 5,000 rated, listed, secured, redeemable, non-convertible debentures (NCDs) of the face value of Rs 10 lakh each on private placement basis." "The NCDs will be listed

Suryoday Small Finance Bank Ltd raises $8.2 million from Gaja Capital, Kotak Mahindra Life Insurance, Lok Capital and others

Mumbai-based small finance lender Suryoday Small Finance Bank Ltd has raised $8.2 million in private equity funding from its existing investors. The new round of funding led by Gaja Capital, Kotak Mahindra Life Company Ltd also saw the participation of Lok Capital, US-based pension fund Teachers Insurance and Annuity Association of America (TIAA), and LN Bangur Group company Kiran Vyapar Ltd. In a statement

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Coronavirus: Tata Trusts partners with Christian Medical College and CIHS for online training of staff to manage COVID-19

Tata Trusts On Tuesday said, "It has partnered with Christian Medical College Vellore and Care Institute of Health Sciences (CIHS), Hyderabad along with Tata Group to assist their healthcare professionals to augment skills in critical care in COVID-19 management through online training." In a statement issued, Tata Trusts said, "22-hour free online training for medical professionals on COVID-19 critical care has

COVID-19: Amazon India partners with Acko General Insurance to offer free health insurance to sellers

India's leading e-commerce company Amazon India on Wednesday announced its partnership with Acko General Insurance to provide free health insurance for all its active sellers. In a statement issued, Amazon India said, "The insurance will cover all the expenses related to COVID-19, hospitalization, and treatment as well as ambulance assistance and ICU charges of up to Rs 50,000 that will be valid for one year

Snapdeal to provide news, partners with Dailyhunt

India's leading e-commerce giant Snapdeal on Tuesday said that "It has partnered with news aggregator company Dailyhunt to provide news service on its platform." In a statement issued, Snapdeal said, "The integration of Dailyhunt's feed will provide news related to politics, sports, business, art, technology, cinema in 14 languages including Hindi, Tamil, Malayalam, Kannada, Telugu, English, Marathi, Bangla and

Skillate launches AI recruitment platform on SAP App Center

India-based recruitment platform, Skillate has announced the launch of its 'AI recruitment platform' on SAP App Center, an online marketplace for SAP partner offerings. In a statement issued, the company said, "Skillate integrates with SAP SuccessFactors Recruiting and Onboarding solutions on a global scale. Skillate’s proven services and solutions play an important role in supporting businesses that use SAP

Fintech startup Zaggle partners with Visa to launch innovative payment solutions for SMEs and Startups

India-based fintech startup Zaggle has announced its partnership with Visa to launch innovative payment solutions for SMEs and startups. In a statement issued, Zaggle said, "This new partnership will concentrate on lending a helping hand to SMEs and start-ups to improve productivity and reduce costs along with focusing on easier and faster credit through a card which would have both inbuilt forex and prepaid."

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