Business

Cisco Appoints Pete Shimer to Board, Daniel Schulman to Step Down

Cisco Systems (NASDAQ:CSCO) has appointed Pete A. Shimer to its board of directors, while Daniel H. Schulman will step down from the board, according...

Cisco Director Pete Shimer Files Initial Ownership Disclosure with SEC

Cisco Systems (NASDAQ: CSCO) board member Pete A. Shimer has filed an initial statement of beneficial ownership with the U.S. Securities and Exchange Commission...

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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...

Mitron inks music licensing deal with Zee Music

In an effort to provide a robust and versatile music library for creators. India homegrown short video platform, Mitron TV on Monday inked a...

Sqrrl partners with tax filing platform Quicko

Gurugram based fintech company, Sqrrl has announced its partnership with tax filing and return filing platform Quicko to facilitate the process of Income-tax filing...

Prime Minister Modi, “India received record high FDI during the pandemic”

Speaking at the ASSOCHAM Foundation Week 2020 on Saturday, Prime Minister Narendra Modi said, "During the pandemic, India received a record high Foreign Direct...

IIFL Home partners with ICICI Bank for affordable housing & MSME loans

Leading private lender, IIFL Finance has said, "It's home loan subsidiary IIFL Himes has partnered with ICICI Bank to provide affordable housing loans and...

Oberoi Realty acquires 50% stake in Sahana Groups worli project

Mumbai-based real estate company, Oberoi Realty has acquired Sahana Groups' 50% stake in Mumbai Worli based under construction 221-key five-star hotel for Rs 1,040...

Infosys divested its one-third holding in Whoop for $10 mn

Infosys on Friday said, "It has divested one-third of its holding in US-based startup Whoop for about $10 million." In a filing with the stock...

Snapdeal partners with NPCI for QR based digital payments

Value-focused e-commerce giant, Snapdeal has announced its partnership with National Payments Corporation of India (NPCI) to allow buyers to make QR-based digital payments at...

FM Nirmala Sitharaman: 100 years of India wouldn’t have seen the post-pandemic made budget like this

Speaking at the Confederation of Indian Industry (CII) Partnership Summit, Union Minister Nirmala Sitharaman said, "Want to see the budget which is like never...

Jerome Powell says, “Federal Reserve will continue to infuse more cash in the market”

In a bid to bring the economy on track. Federal Reserve Chairman Jerome Powell has announced that "The Federal Reserve will keep funneling cash...

Airtel Business launches Customer Advisory Board to co-create its future products

In a bid to enable customers to be equal stakeholders in the company's innovative product development journey. Airtel Business, a B2B unit of Bharti...

TReDS platform M1xchange secures $4.5 mn from BEENEXT and Mayfield

Reserve Bank (RBI) approved TReDS platform, M1xchange has raised $4.5 million in equity round funding from Singapore based BENEEXT Asia, and Mayfield. "The company will...

Stock trading platform FYERS launches single margin account feature for customers

Bangalore based stock trading platform FYERS on Thursday announced the launch of the 'Single margin account' feature for the customers. FYERS in its issued statement...

Prakash Javadekar: Government to export 60 Lakh tonnes of sugar

The Union Cabinet on Wednesday announced to export 60 lakh tonnes of sugar. Addressing the press in New Delhi, India,  Union Minister for Information &...

Nagarro debuts in Frankfurt Stock Market

Global leader in digital engineering and technology solutions Nagarro SE has today announced its debut as an independent, publicly-traded company and the completion of...

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