News

Deeptech Startup Newtrace Secures $6.3 Mn in Pre-Series A Round

Bengaluru-based deeptech startup Newtrace has raised $6.3 million (INR 56.93 crore) in a pre-Series A funding round led by HDFC Bank and Mitsui Sumitomo...

Mozark Snaps $40 Mn In Series B Round Led by IFC and RMB Capitalworks

Mozark, a Singapore-based company specializing in digital experience testing and measurement, has raised $40 million in a Series B round led by International Finance...

Latest News

Rahul Gandhi says, “Agriculture is only business that belongs to million of Indians”

Congress leader and Member of Parliament Rahul Gandhi slammed Prime Minister Narendra Modi led Central Government on three farm laws that sparked a nationwide...

Rapido launches rental services for multi-point trips in Bengaluru, and five other cities

India-based bike rental startup Rapido has announced the launch of rental services for multi-point trips in six cities including Bengaluru, Hyderabad, Delhi NCR, Chennai,...

L&T Power Transmission and distribution business bags ‘Large’ contracts

Engineering and construction company L&T on February 22 said, "Its power transmission and distribution business has bagged large domestic and international contracts. In a filing...

Kirana Capital draws $10 million from IndusInd Bank

India settled lender to small business, Kirana Capital has raised $10 million from IndusInd Bank with a 100% guarantee from the U.S. International Development...

Former Governor of Bank of England Carney joins Stripe board

U.S.-based digital payment company Stripe Inc has announced the appointment of former governor of Bank of England (BOE), and Canadian Central Bank Mark Carney...

UAE signs $1.3 billion defense deal

The United Arab Emirates (UAE) has signed a defense contract worth 5 billion dirhams (approx $1.3 billion) from local and international companies. Speaking on the...

Thomas Cook India to raise up to Rs 450 crore through OCCRPS

The travel service company, Thomas Cook India has announced its plan to raise up to Rs 450 crore through issuance of Optionally Convertible Cumulative...

India signs $50 mn defense LoC agreement with the Maldives

Indian External Affairs Minister, S Jaishankar on his two days visit here to the Maldives on Saturday said, "India has signed a $50 million...

Azim Premji urges Central Govt to engage private players for COVID-19 vaccination drive

Former Wipro Chairman and Managing Director Azim Premji have urged the Central Government to engage private sectors to drive vaccination of COVID-19. Speaking at the...

Karnataka Bank reports Rs 34.16 crore fraud against IL&FS Transportation to RBI

Karnataka Bank on Friday said, "It has informed the RBI regarding a fraud of Rs 34.16 crore in credit facility extended to IL&FS Transportation...

S Jaishankar: India offers $40 mn LoC to Maldives

In an effort to boost the sports infrastructure, Indian External Minister S Jaishankar has offered a $40 million in Line of Credit to the...

Russia reports the first case of H5N8 bird flu

Scientists from Russia's research center Vector have confirmed the first case of H5N8 avian influenza in Russia. Addressing the nation on February 20, Public Health...

Saudi Arabia to invest $20 bn in the domestic military industry

Beefing up the Saudi Arabia's plan to boost domestic military industry spending, the Governor of General Authority for Military Industries (GAMI) has said, "The...

Maharashtra reports 6,112 COVID-19 cases in the last 24 hours

Maharashtra Health Ministry on Saturday said, "It has reported a spike in COVID-19 cases in the last 24 hours in the state." Counting the highest...

Finance Minister Nirmala Sitharaman calls fuel price hike a vexatious issue

Speaking to the press on Saturday, Union Finance Minister Nirmala Sitharaman said, "Fuel price hike is a vexatious issue in which no answer except...

The impact of technology on Small to Medium size enterprises

The current business landscape across the globe is being led by digital technologies that are transforming the way systems and processes work. Business concepts...

Payment Council hails RBI’s Master Directions on Digital Payments Security Controls to promote payment security

The Payments Council of India (PCI), the largest industry body for digital payments ecosystem in India welcomed the Master Directions on Digital Payments Security...

Flipkart partners with Tamil Nadu trade body to promote small business grow

Walmart owned e-commerce company Flipkart has signed a memorandum of understanding (MoU) with Tamil Nadu Micro, Small Medium Enterprises Trade and Investment Promotion Bureau...

Honda appoints R&D head Toshihiro Mibe as its new Chief

Japanese automaker Honda Motor has announced the appointment of its research and development head Toshihiro Mibe as its new Chief Executive Officer. Toshihiro Mibe will...

IIT Roorkee opens new drone research center in its campus

IIT Roorkee on Friday said, "It has opened a state-of-the-art center for drone research at its campus." In a statement issued, IIT Roorkee said seed...

Nitin Gadkari calls to make usage of Electric Vehicle mandatory for Government officials

Union Minister for Highways and Transportation Nitin Gadkari has called for making it mandatory for the usage of Electric Vehicles for all officials in...

“Received multiple interests for Pawan Hans,” says Govt

Department of Investment and Public Secretary Tuhin Kanta Pandey on February 18, said, "It has received multiple interests for helicopter company Pawan Hans." In a...

DLF Cyber City Developers completes acquisition of 51.8% stake in Fairleaf Real Estate

DLF Cyber City Developers Ltd on Thursday announced that "It has completed the acquisition of 51.8 percent stake in Fairleaf Estate Private Ltd for...

IDFC First Bank board okays to raise Rs 3000 crore

Private sector financial institution, IDFC First Bank has said, "Its board has approved raising of up to Rs 3,000 crore through various modes." In a...

Nissan temporarily suspends two assembly plants in Japan

Japanese automaker Nissan Motor Co has announced to temporarily suspend the productions at its two domestic assembly plants due to an earthquake that hit...

L&T secures orders to develop two units of Kudankulam Nuclear Power project

The leading infrastructure company Larsen and Toubro (L&T) on February 18 said, "L&T Construction has secured an order from Nuclear Power Corporation of India...

Vogo secures $11.5 mn from Lightrock, Kalaari and others

Two-wheeler rental service provider Vogo has raised $11.5 million in the extension of series C round from its existing investors including Light rock, Kalaari...

Arvind Fashion to attract Rs 200 crore via rights issue

Textile Company Arvind Fashion on Thursday said, "Its committee of directors has approved raising around Rs 200 crore through a rights issue." In a filing...

Tata Group acquires online grocery startup BigBasket for Rs 9,500 crore

Tata Group has signed a deal to acquire BigBasket in a transaction valued at Rs 9,500 crore. According to the ET report, "The Tata Group...

ICICI Foundation donates ambulance to Thiruvananthapuram Govt medical college

ICICI Foundation, a CSR arm of ICICI Group, on Wednesday donated an ambulance to Government Medical College (GMC) in Thiruvananthapuram. "The ambulance is equipped with...

Trending