Business

Tamil Nadu based developer RPP Infra Projects on Monday said, "It has secured two new orders worth of Rs 66 crores." In a filing with the exchange, RPP Infra said, "The company has won two work orders worth of Rs 66.00 crores from Trippur…

An India-based private lender, HDFC Bank on Sunday, recorded an increase of 25 percent in its Q1 FY21 deposit at Rs 11,895 crore as compared to Rs 9,546 crore as of June 30, 2019 (Rs 11,475 crore as of March 31, 2020). In a filing with the…

Mumbai based IL&FS Transportation on 3rd July said, "One of the lenders of its Spain-based subsidiary Elsamex SAU, has filed for insolvency." In a filing with the exchange the company said, "The Management of Elsamex SAU, Spain, a…

Muthoot Finance on Friday said, "It is planning to consider a sub-division/stock split of equity shares." In a filing with the stock exchange, the company said, "Meeting of the board is scheduled to be held on July 18, to consider and…

Chennai based defense tech startup Big Bang Boom Solutions (BBBS) has raised $1 million through Mumbai Angels Network in their overall $1.5 million in Series A round funding. Founded in 2018 by Praveen Dwarkanath and Dr. Shivaraman…

Leading private sector bank, Axis Bank on Thursday announced its plan to shut down its UK subsidiary. In a filing with the exchange, the bank said, "Axis Bank has decided to wind down its UK subsidiary and the move will not have any…

Leaders in Power Utility company, Tata Power on Thursday said, "Its board has approved a proposal to raise Rs 2,600 crore through issuance of preference shares to its promoters." In a regulatory filing, the company said, "The board o…

A Denmark-based startup that produces plant-based eco-friendly alternatives to animal leather Beyond Leather Materials has raised €1.1 million in Series seed round funding from Rockstart and Vaekstfonden. In a statement issued, the startup…

Jindal Steel and Power Ltd (JSPL) has announced plans to sell its Oman-based subsidiary for over $1 billion (approx Rs 7,500 crore). In a statement issued, JSPL said, "It's subsidiary 'Jindal Steel and Power (Mauritius) Ltd' (JSPML) has…

Leading public sector lender, Bank of Baroda (BoB) has announced its plan to raise Rs 2,000 crore through issuance of bonds. In a filing with the stock exchange, Bank of Baroda said, "The Capital Raising Committee of our bank has today…