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Hero MotoCorp total sale increased by 1.49% in February

Two-wheeler maker Hero MotoCorp has reported an increase of 1.45 percent in its total sales for February at 5,05,467 units compared to 4,98,242 units...

Siemens acquires 99.22% stake in C&S Electric Ltd

Siemens Ltd on Monday announced the acquisition of a 99.22 percent stake of C&S Electric Ltd from its promoters. In a filing with the exchange,...

Sterlite Technologies bags order worth $100 mn from Middle East and Africa

Telecom equipment manufacturer Sterlite Technologies Ltd (STL) has received an order worth $100 million from Middle-East and Africa for setting up a network and...

Hyundai Motor reports 26% increase in February sale

Automaker Hyundai Motor India has reported an increase of 24.6 percent in its total February sale to 61,800 units. Hyundai Motor India Limited (HMIL) in...

Reliance Industries invest additional $26.75 mn in skyTran Inc to acquire a majority share

Reliance Industries Ltd wholly-owned subsidiary Reliance Strategic Business Ventures (RSBVL) has acquired additional equity shares in skyTran Inc. In a filing with the exchange, Reliance...

AbhiBus partners with IRCTC to offer bus booking ticket facility

Online bus booking platform Abhibus has announced its partnership with Indian Railway Catering and Tourism Corporation (IRCTC) to offer a ticket booking facility to...

HDFC Bank, Kotak Mahindra Bank acquires 9.9 percent stake each in Ferbine

India-based leading private sector lenders HDFC Bank and Kotak Mahindra Bank have acquired 9.99 percent stake each in Ferbine Private Limited, a Pan-India Umbrella...

Bharti Airtel seeks shareholders nod to issue of 3.64 crore shares to Lion Meadow Investment

Telecom company Bharti Airtel on Friday said, "It will seek shareholders nod for the issuance of about 3.64 crore equity shares of the company...

Angel Broking tie-ups with Vested Finance to allow Indians to invest in U.S. stocks

India's leading stockbroker Angel Broking on Thursday, announced its partnership with Vested Finance to allow Indian Investors to invest in U.S. stocks and EFTS. In...

IIFL Finance raises Rs 100 crore through debentures

IIFL Finance Ltd has said, "It has raised Rs 100 crore through issuance of non-convertible debentures (NCDs) on private placement basis." IIFL Finance in a...

Tata Power raises Rs 900 crore through NCDs

Power Utility company Tata Power has raised Rs 900 crore through the issuance of non-convertible debentures (NCDs). In a filing with the exchange, Tata Power...

Fisdom acquires IT return filing startup Tax2Win

Wealth management company Fisdom has announced the acquisition of online income tax return filing startup Tax2Win for an undisclosed amount. Speaking on the acquisition, Subramanya...

SBI Cards raises Rs 550 crore through bond issue

SBI Cards and payment services on February 22, said, "It has raised Rs 550 crore through issuance of bonds on a private placement basis." In...

REC Ltd Secures $500 million via Global Medium Term Note Program

Leading infrastructure finance company REC Ltd on Tuesday said, "It has raised $500 million through the issuance of notes under its $7 billion Global...

Edtech startup Vedantu acquires Instasolv

Online education startup Vedantu has acquired a doubt-solving platform Instasolv for an undisclosed amount. Vedantu in its statement said, "The acquisition of Instasolv will further...

Vedanta CFO G R Arun Kumar steps down

Vedanta on February 20, 2021, announced that "G R Arun Kumar has resigned from the post of Chief Financial Officer." In a filing with the...

Rahul Gandhi says, “Agriculture is only business that belongs to million of Indians”

Congress leader and Member of Parliament Rahul Gandhi slammed Prime Minister Narendra Modi led Central Government on three farm laws that sparked a nationwide...

L&T Power Transmission and distribution business bags ‘Large’ contracts

Engineering and construction company L&T on February 22 said, "Its power transmission and distribution business has bagged large domestic and international contracts. In a filing...

Kirana Capital draws $10 million from IndusInd Bank

India settled lender to small business, Kirana Capital has raised $10 million from IndusInd Bank with a 100% guarantee from the U.S. International Development...

UAE signs $1.3 billion defense deal

The United Arab Emirates (UAE) has signed a defense contract worth 5 billion dirhams (approx $1.3 billion) from local and international companies. Speaking on the...

Thomas Cook India to raise up to Rs 450 crore through OCCRPS

The travel service company, Thomas Cook India has announced its plan to raise up to Rs 450 crore through issuance of Optionally Convertible Cumulative...

Karnataka Bank reports Rs 34.16 crore fraud against IL&FS Transportation to RBI

Karnataka Bank on Friday said, "It has informed the RBI regarding a fraud of Rs 34.16 crore in credit facility extended to IL&FS Transportation...

Flipkart partners with Tamil Nadu trade body to promote small business grow

Walmart owned e-commerce company Flipkart has signed a memorandum of understanding (MoU) with Tamil Nadu Micro, Small Medium Enterprises Trade and Investment Promotion Bureau...

“Received multiple interests for Pawan Hans,” says Govt

Department of Investment and Public Secretary Tuhin Kanta Pandey on February 18, said, "It has received multiple interests for helicopter company Pawan Hans." In a...

DLF Cyber City Developers completes acquisition of 51.8% stake in Fairleaf Real Estate

DLF Cyber City Developers Ltd on Thursday announced that "It has completed the acquisition of 51.8 percent stake in Fairleaf Estate Private Ltd for...

IDFC First Bank board okays to raise Rs 3000 crore

Private sector financial institution, IDFC First Bank has said, "Its board has approved raising of up to Rs 3,000 crore through various modes." In a...

L&T secures orders to develop two units of Kudankulam Nuclear Power project

The leading infrastructure company Larsen and Toubro (L&T) on February 18 said, "L&T Construction has secured an order from Nuclear Power Corporation of India...

Arvind Fashion to attract Rs 200 crore via rights issue

Textile Company Arvind Fashion on Thursday said, "Its committee of directors has approved raising around Rs 200 crore through a rights issue." In a filing...

Tata Group acquires online grocery startup BigBasket for Rs 9,500 crore

Tata Group has signed a deal to acquire BigBasket in a transaction valued at Rs 9,500 crore. According to the ET report, "The Tata Group...

L&T Finance raises Rs 2,998 crore via right issue

L&T Finance Holdings Ltd (LTFH) on Wednesday said, "It has raised Rs 2,998 crore through a right issue." In a filing with the exchange, L&T...

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