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Scaling Industrial Automation: Delta Electronics’ Dr. Sanjeev Srivastava on Making Industry 4.0 Accessible for India’s MSMEs

Speaking with TechGraph, Dr. Sanjeev Srivastava, Head of Industrial Automation at Delta Electronics India, discussed how the country’s push toward a $1.1 trillion manufacturing...

FxFinex Trading Platform Review: A VIP Experience for Sophisticated Investors?

As a seasoned investor with an eye for high-quality trading platforms, I decided to test the waters with FxFinex, a platform that promises access...

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Yes Bank Board approves fundraising plan through FPO

Private sector lender, Yes Bank on Tuesday announced that "Its board has approved the plan to raise funds through a further public offering (FPO)." In...

Torrent Power raises Rs 300 crore through NCDs

Torrent Power has raised Rs 300 crore through issuance of non-convertible debentures on a private basis. In a filing with the stock exchange, Torrent Power...

RPP Infra Projects secures two orders worth of Rs 66 crore

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...

HDFC Bank records 25% increase in deposits at Rs 11,895 crore

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...

Insolvency plea filed against IL&FS transportation’s Spanish arm ‘Elsamex SAU’

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...

Muthoot Finance plans for a stock split

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...

Axis Bank to suspend UK subsidiary

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...

Tata Power Board approves to raise Rs 2,600 crore from its promoters

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...

JSPL to divest 100 percent stake of Oman-based subsidiary for $1 billion

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...

Bank of Baroda to raise Rs 2,000 crore through bonds

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...

LIC Managing Director T C Suseel Kumar joins Axis Bank board

Private lender Axis Bank on Monday said, "The bank has appointed Managing Director of Life Insurance Corporation of India (LIC), T C Suseel Kumar...

Indian Bank board approves plan to raise Rs 5,000 crore via bond

India's leading public sector bank, India Bank on Monday said, "It plans to raise about Rs 5,000 crore through issuance of bonds." In a filing...

Paytm Payouts transfers Rs 1,500 crores

India-based e-wallet company, PayTM said, "Its Paytm Payouts has transferred over Rs 1,500 crore in salaries and other benefits for medium and large enterprises." Launched...

U GRO Capital launches end-to-end lending platform ‘Sanjeevani’ to help 500,000 MSMEs

In a bid to help the pandemic hit MSMEs, U GRO Capital, a Mumbai-based fintech company, on Saturday announced the launch of "Its end-to-end...

Carlyle Group picks 20 percent share in Piramal Pharma for $490 million

Piramal Enterprises Limited on Saturday said, "Global investment firm Carlyle Group has agreed to invest around $490 million to pick 20 percent stake in...

HUDCO records 87 percent increase in Q4 profit at Rs 440.91 crore

State-run finance provider HUDCO on 26 June reported an 87 percent increase in its consolidated net profit to Rs 440.91 crore for Q4. In a...

Glenmark Pharma records 36.28% increase in Q4 profit at Rs 220 crore

Mumbai-based drugmaker Glenmark Pharma on Friday said, "It has reported a 36.28 percent increase in its consolidated net profit to Rs 220.3 crore in...

Yandex agrees with Sberbank to reorganize Yandex Market and Yandex Money

Russian technology giant Yandex on Thursday said, "It has entered into a binding agreement with Sberbank to reorganize two of their joint ventures: Yandex.Market,...

Increasing Cases and United States ‘Carousel Retaliation’ spooks risk sentiment

The risk sentiment was souring as US trade representatives had proposed imposing tariffs on USD 3.1bn of imports from France, Germany, Spain, and the...

Metropolis Healthcare promoter divested 6.03 percent shares for Rs 422.58 crore

Mumbai-based diagnostic company Metropolis Healthcare has said, "Its promoter has divested 6.03 percent shares in the company for Rs 422.58 crore." In a filing with...

Crosses rally on robust PMIs

Euro and Sterling rallied yesterday as France, Germany and UK manufacturing PMIs came in better than expected. Onshore, the USDINR spot moved lower yesterday to...

Piramal Enterprises to raise Rs 2,590 crore via NCDs

Mumbai-based healthcare company Piramal Enterprises said, "Its board has approved raising to Rs 2,590 crore through issuance of secured non-convertible bonds on a private...

White House trade advisor Navarro does a U-turn; so do markets

The US Dollar has weakened overnight. The anticipation of a second stimulus package is keeping the USD under pressure. While the EU is finding...

Singapore government acquires 164,30,820 shares of ICICI Prudential Life

The government of Singapore has acquired 1,64,820 equity shares (representing 1.14 percent of paid-up capital) of ICICI Prudential Life Insurance Company. According to the bulk...

Microfinance lender Satin Creditcare to raise Rs 120 crore through rights

Gurugram-based Microfinance lender Satin Creditcare Network Ltd (SCNL) is reportedly planning to raise to Rs 120 crore through a rights issue of shares. In a...

ICICI Bank divested 1.50% shares of ICICI Prudential Life Insurance

In a bid to strengthen the balance sheet as the opportunities arise, the ICICI Bank on Monday said, "It has divested 21,500,000 equity shares...

Reliance Industries to hold its first Virtual Annual General Meeting on July 15

India's largest private company Reliance Industries (RIL) has announced its plan to host a virtual annual general meeting (AGM) on 15 July 2020. In a...

ICICI Bank allots 12,603 equity shares under ESOS

India-based private lender ICICI Bank has announced the allotment of 12,603 equity shares under the Employee Stock Option Scheme (ESOS). In a filing with the...

Nitin Gadkari: The world is not very much interested to deal with China

Speaking at Catalyst 2030 through video conferencing, Union Minister of Micro, Small & Medium Enterprises, Nitin Gadkari said, "As the whole world is now...

Market Analysis by Abhishek Goenka: Global Risk sentiment holds positive

Overall global risk sentiment was positive heading into the weekend with China reaffirming its commitment to adhere to the one phase trade deal with...
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