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Yatra scraps Ebix’s $337 million acquisition deal

India-based leading online travel company Yatra on Friday said, "It is terminating its pending acquisition agreement with Ebix." In a filing with the stock exchange,...

Prakash Javadekar: Government approves Rs 20,000 crore subordinate debts for MSMEs

Narendra Modi led Central government has approved Rs 20,000 crore as subordinate debts for stressed MSMEs. Addressing the press on June 1, Prakash Javadekar, Union...

COVID-19: Chennai Petroleum records inventory write-down of Rs 1,456 crore

State-owned oil refinery company Chennai Petroleum Corporation Ltd on Friday said, 'It has recorded an inventory write-down of Rs 1,456 crore due to the...

Hindustan Copper to increase borrowing limit to Rs 1,350 crore

Hindustan Cooper on Tuesday said, “Its board has approved to increase the borrowing limits of the company from the consortium and other banks from...

Adani Ports secures Rs 100 crore through NCDs

Adani Ports and Special Economic Zone (APSEZ) has secured Rs 100 crore through issuance of NCDs on a private placement basis. In a filing with...

Indian Energy Exchange launches real-time electricity market

India-based electronic systems based power trading platform Indian Energy Exchange Ltd (IEX), has announced the launch of Real-Time Electricity Market (RTM). In a filing with...

Manappuram Finance to raise Rs 500 crore through NCDs

India-based NBFC Manappuram Finance Ltd is reportedly planning to raise Rs 500 crore through issuance of non-convertible debentures on a private placement basis. In a...

Jharkhand CM Soren says, “Industrial activities can open with 30-35% workforce”

Addressing the media on May 28, Jharkhand CM Hemant Soren says, "Industrial activities can be open with 30-35% workforce in the state."

Vodafone Idea not considering any proposal from Google

India's leading telecom company Vodafone Idea Limited on Friday said, "It's board os not considering any proposal from Google." In a filing at the stock...

Geely raises $836 million through shares sale

Hong Kong-based automaker Geely has raised HK$6.48 billion ($836 million) through a share sale. In a statement issued, Geely said, "The company has raised HK$6.48...

Dilip Buildcon raise Rs 100 crore through allotment of NCDs

Dilip Buildcon has raised Rs 100 crore through the allotment of non-convertible debentures (NCDs) on a private placement basis. In a filing at the BSE,...

CEAT records 19.58% fall in Q4 net profit

Leaders in typer making CEAT has recorded a sharp 19.58 percent decline in consolidated net profit at Rs 51.72 crore in March quarter-end. In a...

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...

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...

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...

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...

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...

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,...

Edelweiss General Insurance launches ‘Edelweiss Switch’ app-based Motor OD floater policy

India's first cloud-native insurer, Edelweiss General Insurance (EGI) on Thursday announced the launch of 'Edelweiss SWITCH', an app-based Motor OD floater policy to allow...

Piramal Enterprises to raise Rs 500 crore through NCDs

Piramal Enterprises on Wednesday said that "Its board has approved the proposal to raise to Rs 500 crore through issuance of secured NCDs on...

Tata Steel secures Rs 1,000 crore via NCDs

India-based multinational steel-making company Tata Steel on Wednesday said that "Its committee of directors has approved the allotment of non-convertible debentures (NCDs) worth Rs...

CESC to raise Rs 300 crore through issuance of NCDs

India-settled power utility company CESC on Wednesday said that "The board has approved to raise Rs 300 crore through issuance of non-convertible debentures (NCDs)." In...

Rolls-Royce to cut 9,000 jobs for its global workforce

UK-based engineering company Rolls-Royce has announced plans to layoff 9,000 employees from its 52,000 global workforces that would predominantly come from Rolls-Royce's civil aerospace...

Reliance Industries raises Rs 3,600 crore through NCDs

Reliance Industries has raised Rs 3,600 crore through issuance of 36,000 unsecured redeemable non-convertible debentures (NCDs) on a private placement basis. In a filing at...

Raymond to raise Rs 100 crore through NCDs

India's leading textile company Raymond Ltd is planning to raise up to Rs 100 crore through issuance of non-convertible debentures (NCDs) on a private...

Indiabulls Housing Finance secures Rs 1,030 crore through issuance of bonds

Indiabulls Housing Finance Ltd has raised Rs 1,030 crore through issuance of bonds on a private placement basis. In a filing with the stock exchange,...

Atmanirbhar Bharat: Nirmala Sitharaman announces atomic energy-related reforms

Speaking on the reforms made by the Government on the Atomic energy sector, the Finance Minister of India Nirmala Sitharaman on Sunday said, "There...

Atmanirbhar Bharat: Nirmala Sitharaman announces Rs 30,000 crore emergency fund through NABARD, will help 3 cr farmers

Addressing the press on May 14 in Delhi, Finance Minister Nirmala Sitharaman said, "The government has announced Rs 30,000 crores as additional emergency working...

Lockdown 4.0: Nirmala Sitharaman: Power distribution companies to be privatized in UT’s

Finance Minister Nirmala Sitharaman has announced the privatization of power distribution companies in the Union Terrorities of India. Addressing the media, Nirmala Sitharaman said, "The...

Uttar Pradesh government revokes its controversial order of 12 hours work shift for industrial workers

The Yogi Adityanath-led Uttar Pradesh government on Saturday revoked its very controversial order that allowed the working hours of industrial workers from 8 hours...

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