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Pakistan looks for $2.7 bn loan from China to fund CPEC Projects

Pakistan on November 13, said, "It will ask for $2.7 billion in loan from China to fund the construction of Package-I of Mainline-1 project of China Pakistan Economic Corridor (CPEC)" Quoting to the sources familiar with the development, the Pakistan based newspaper The Express Tribune in its report said, "The Sixth meeting of financing committee in a meeting held on Friday, on ML-1 project has decided that

U GRO Capital reports Rs 17.2 crore profit in Q2 FY21

Private lending platform U GRO Capital on Friday said, "It has reported Rs 17.2 crore in net profit in Q2 FY2021." In a filing with the exchange, U GRO said, "The company has recorded Rs 17.2 crores in Q2 FY2021 as compared to Rs 3.3 crores in the same quarter last year." "The QoQ's total income has increased by 13 percent to Rs 34.8 crores in Q2 FY2021 from Rs 30.8 crores in Q1 FY2021, as against to Rs 21.7 crores

Snapdeal reveals consumer buying trends on its platform this festive season

Leading e-commerce company, Snapdeal on Friday shared key consumer buying trends that capture the pulse of What consumer purchased on its platform during the festive season. Snapdeal in its statement said, "Its "Kum Mein Dum" Diwali sale selection, this year, was built around choices indicated by more than 1.25 Lakh users across 92 cities," "This year with more than 90% of towns across India placing orders on

Opening night for AFC Wimbledon sets the future of remote production

Systems integrator Broadcast Solutions planned and executed almost two hours of pre-match excitement for AFC Wimbledon – with a crew of just three people. The occasion was the opening match at the football club's new home, just meters away from its original stadium in Plough Lane. This first game marked the climax of almost two decades of fund-raising for the club which rose like a phoenix from the old

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Crowdera partners with Kendriya Sainik Board to raise over Rs 2.4 cr to support Ex-servicemen

Global online fundraising platform for non-profits and social innovators, Crowdera has announced its partnership with Kendriya Sainik Board to support Ex-servicemen in the Ministry of Defence who sacrificed their lives and limbs for the nation. In a statement issued, Kendriya Sainik Board said, "It has exclusively partnered with Crowdera to garner support on comprehensive fundraising strategies including

Mitron TV appoints Ex-Bytedance executive Shyamanga Barooah and Economic Times Biswarup Gooptu to its board

Short format video app, Mitron TV has announced the appointment of Ex-Bytedance executive Shyamanga Barooah, and senior journalist of Economic Times Biswarup Gooptu in the board. "Biswarup Gooptu who spent 10 years at the Economic Times as a senior journalist has joined the board as Head of Partnerships & Policy, and Shyamanga Barooah who was leading operations for Helo and was Chief Editor of News Republic -

Stride Ventures secures Rs 85 crore from SIDBI

India based debt round funding venture capital firm, Stride Ventures on Thursday said, "It has raised Rs 85 crore from Small Industries Development Bank of India (SIDBI)." Stride Ventures in its issued statement said, "The fund will strengthen the development of Stride's maiden fund – Stride Venture India Debt Fund I. Which market its first close in November 2019, and is in the last stages of its final close."

BlackSoil raises Rs 110 cr in the first closing of its maiden secured credit fund – BICF

Alternative credit platform BlackSoil has successfully raised Rs 110 crores in the first close of its maiden secured AIF strategy BlackSoil India Credit Fund (BICF). The funds were raised primarily from family offices & high net worth individuals despite tough market conditions especially considering the pandemic. The fund will use the capital to a differentiated credit strategy comprising of

MediaTek launches MT8192 and MT8195 chipset for the next generation of Chromebook

MediaTek today unveiled its MT8192 and MT8195 chipsets for the next generation of Chromebooks. With the 7nm MT8192 for mainstream devices and the 6nm MT8195 for premium devices, brands can design powerful, sleek, and lightweight Chromebooks that deliver longer battery life and incredible computing experiences from video conferencing and streaming video to cloud gaming and AI-powered applications. "Chromebooks are