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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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...

Lockdown 4.0: Nirmala Sitharaman says, “Government bars global tenders for procurements up to Rs 200 crore”

Briefing the media on the Rs 20 lakh crore economic stimulus package, Finance Minister Nirmala Sitharaman on Wednesday said, "The global tenders will be...

Saudi Arabia cabinet asks OPEC+ countries to reduce oil production rate

The cabinet of Saudi Arabia has urged the OPEC+ countries to reduce the rate of oil production to restore balance in global crude markets. Quoting...

Jubilant Life Sciences partners with Gilead Sciences to develop remdesivir

India-based drugmaker Jubilant Life Sciences on Tuesday said that "It's subsidiary Jubilant Generics Limited has entered into a non-exclusive agreement with Gilead Sciences to...

President Trump backs Elon Musk, says “California should let Tesla open the plant now”

US President Donald Trump has supported Elon Musk's decision to open the work of Tesla's plant in California. https://twitter.com/realDonaldTrump/status/1260203080076931072 Taking to Twitter on Tuesday, President Donald...

Coronavirus Update: PM Modi announces Rs 20 lakh crore economic stimulus package

Addressing the nation on the coronavirus lockdown, Prime Minister Narendra Modi on Tuesday announced the economic stimulus package worth Rs 20 lakh crore. PM Modi...

Spotify enters in-licensing deal with Saregama for India market

Online music streaming service Spotify has entered into a licensing partnership with Saregama for the India Market. Spotify in its issued statement said, "The partnership...

“Not offering any emergency loans through YONO Platforms,” says SBI

State Bank of India has clarified that it is not offering any kind of emergency loans through its YONO platform. The clarification on the loan...

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