Business

B2B Logistics platform Mojro Draws $3Mn for IAN Alpha Fund & Others

Bengaluru-based B2B logistics platform Mojro has raised $3 million in a Series A funding round led by IAN Alpha Fund (the second fund in...

Business Structure for Modern Entrepreneurs: What No One Explains Clearly

Modern entrepreneurs often obsess over product-market fit while neglecting the structural bones of their business. A brilliant idea is only as resilient as the...

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Bank Of Baroda raises Rs 969 cr through bonds

India based Bank of Baroda on Wednesday said, "It has raised Rs 969 crore through issuance of bonds on private placement basis." In a filing...

Force Motors to raise Rs 500 crore through NCDs

Automobile company Force Motors on Tuesday said, "Its board has approved to raise to Rs 500 crore through issuance of non-convertible debentures (NCDs)." In a...

Embassy REIT to raise Rs 2,600 crore via NCDs

Embassy Office Parks REIT on Tuesday said, "Its board has approved to raise to Rs 2,600 crore through issuance of non-convertible debentures (NCDs) on...

RPP Infra Projects joint venture bags order of Rs 232 cr from Highways Department

RPP Infra Projects ha said, "Its joint venture firm has received an order worth of Rs 231.77 crores from Highways Department. In a filing with...

PNB Housing Finance independent director Shubhalakshmi Panse resign

PNB Housing Finance in its statement said, "It's independent director Shubhalakshmi Panse has resigned from her position to continue her role at Can Fin...

Bharat Biotech partners with Precisa Medicamentos to supply Covaxin in Brazil

India based pharmaceutical company Bharat Biotech has signed an agreement with Precisa Medicamentos to supply coronavirus vaccine Covaxin to Brazil. In a statement issued, the...

Amit Shah: Coal sector to plays crucial role in making India $5 trillion economy

Speaking at the event on Monday, Union Home Minister, Amit Shah said, "The Coal sector will play a crucial role in achieving India's ambition...

BHEL bags Rs 450 crore order from NALCO

Bharat Heavy Electricals Limited (BHEL) said, "It has received an order worth Rs 450 crore for a steam and power plant from National Aluminium...

KKR closes $3.9bn in its final maiden Asian Infrastructure focused fund

The U.S based leading investment company KKR on Sunday said, "It has raised $3.9 billion in its final close of maiden Asian Infrastructure focused...

Pavel Durov says, “Telegram to monetize its platform from this year”

Telegram founder Pavel Durov said, "It will begin to generate revenue, starting next year (From 2021). Pavel Durov in its post said, "Telegram will begin...

NSE launches derivatives on Nifty Financial Services Index

The National Stock Exchange (NSE) on Monday announced the launch of derivatives on the Nifty Financial Services Index. NSE in its statement said, "It has...

HMEL to shut Bathinda refinery for 40 days

HPCL-Mittal Energy Ltd (HMEL) has announced to shut its 226,000 barrels per day (BPD) Bathinda refinery in the northern part of Punjab state for...

Okaya Power bags contract from REIL to install 4,244 EV charging stations

Okaya Power on 8 January said, "It has bagged a contract to install 4,244 multi-standard electric vehicles (EV) charging stations across the country from...

SBI raises $600 mn from overseas bonds

India's leading public sector bank, State Bank of India (SBI) on Thursday said, "It has raised $600 million from overseas bonds." In a filing with...

BlackSoil secures Rs 32 crore via NCDs

Leading debt round funding venture firm, BlackSoil has raised Rs 32 crore through issuance of non-convertible debentures (NCDs), to complete Rs 100 crore of...

Rise of the E-Commerce Industry Amid the Ongoing Times of Crisis

The widespread outbreak of the pandemic affected almost all sectors across the globe in a very short period. While some industries such as travel...

PCI Applauds RBI’s Bold Step Towards Deepening Financial Inclusion

The Reserve Bank of India (RBI) on Tuesday issued the implementation guidelines for its much awaited scheme on Payments Infrastructure Development Fund (PIDF). According...

Chancellor Rishi Sunak announces £4.6 bn support grant for businesses

U.K chancellor Rishi Sunak has announced £4.6 billion ($5.4 billion) in a new grant to support retail, hospitality, and leisure business. Addressing the nation, Rishi...

U GRO files patent for its unique score-card based underwriting model

Leading lending platform for small and medium businesses, U GRO Capital on Wednesday filed for its unique scorecard based underwriting model at the Indian...

Hero Future Energies appoints Srivatsan Iyer as Global CEO

Renewable energy company, Hero Future Energies has announced the appointment of Srivatsan Iyer as its Global Chief Executive Officer. Srivatsan Iyer will be taking over...

Plutus Wealth Management acquires shares worth Rs 500 crores of Nazara Technologies

Online Gaming company, Nazara Technologies said, "Plutus Wealth Management and its associates have acquired shares worth of Rs 500 crores from WestBridge Ventures II...

Rachel Ler joins Commvault board as VP & GM, APJ

Commvault has announced the appointment of Rachel Ler as Vice President and General Manager for its APJ business. "Ler brings a proven track record of...

Government to divest 26% shares of BEML

Indian Government has announced to divest 26 percent of its total equity shares in BEML. In a filing with the exchange, BMEL said, "The Government...

“No plan to enter in contract or corporate farming,” says Reliance Industries

Reliance Industries on Monday said, "It has no plan to enter in contract or corporate framing and it is committed to empowering farmers." "It never...

Income Tax department initiates survey of L&T

Following the inputs from the GST department, the Income Tax department's investigation department wing has initiated a survey of Larsen & Tubro Group. According to...

SEBI slaps Rs 40 cr fine on Reliance Industries, Mukesh Ambani for manipulative shares of RPL

The Securities Exchange Board of India (SEBI) has imposed Rs 40 crores in fine on Reliance Industries Ltd (RIL), Mukesh Ambani, and on its...

Bajaj Auto becomes first global two wheeler company to reach Rs 1 trillion market cap

India based leading automaker, Bajaj Auto has become the first two-wheeler company globally to cross Rs 1 lakh crore market capitalization. The company in its...

SECI awards 600 MW wind-solar hybrid power project to Adani Green Energy

Solar Energy Corporation of India (SECI) has awarded a 600-megawatt wind-solar hybrid power project to Adani Adani Green Energy Limited (AGEL) – a subsidiary...

ICICI Bank ties-up with Google Pay for FASTag registration

ICICI Bank on Monday announced its partnership with Google Pay for the issuance of FASTag. Speaking on the partnership, Google Pay – Business Head, Sajith...

ICICI Bank launches ‘Infinite India’ initiative for foreign business in India

ICICI Bank has announced the launch of 'Infinite India,' an online platform for foreign companies who are looking to establish or expand business in...

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