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

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...

Prime Minister Scott Morrison: Sophisticated state-based actors trying to hack Australian organizations

Addressing the Press on 18th June 2020, Prime Minister of Australia Scott Morrison said, "A 'Sophisticated state-based actor' has been trying to hack a...

President Donald Trump defends pandemic response at Tulsa Rally

Addressing the campaign rally in the Tulsa, Oklahoma, President Donald Trump said, "I have saved hundreds of thousands of lives." "When you do testing to...

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...

Arvind Fashions revises the plan, Will raise Rs 399 crore through rights

Leaders in textile manufacturing Arvind Fashions on Sunday said, "It has revised the amount of capital it plans to raise through the right of...

Punjab National Bank records net loss at Rs 697 crore in Q4

India-based public lender Punjab National Bank (PNB) has recorded a net loss of Rs 697.20 a crore in the fourth quarter. In a filing with...

West Bengal CM Mamata Banerjee says, “Don’t allow Chinese investments in important sectors”

Trinamool Congress leader and Chief Minister of West Bengal, Mamata Banerjee on Friday said, "In the hour of crisis her party strongly stand behind...

Tata Power bags order from MSEDCL to develop Solar Project in Maharashtra

Leaders in power utility company Tata Power on Friday said, "Its subsidiary Tata Power Renewable Energy Limited (TPREL) has received an order from Maharashtra...

Market Watch: EU heads of state to discuss the recovery plan today

The Bank of England kept rates unchanged and expanded its asset purchases by GBP 100bn to GBP 745bn. The BoE would have held back...

Indian Hume Pipe secures Rs 235 crore deal from Uttar Pradesh Government

India-based concrete pipe maker Indian Hume Pipe has secured Rs 234.91 crore order from the Uttar Pradesh government. In a filing with the exchange, Indian...

Market Analysis: Focus will be on the Bank of England MPC meeting

Levels across currencies are pretty much unchanged overnight. Focus today will be on the Bank of England policy. While it is expected to leave...

New York based Startup Onna raises $27 mn in series B round funding from Atomico, Glynn Capital and others

New York-based data integration platform Onna has raised $27 million in series B round funding from Atomico and Glynn Capital. A new round of funding...

Maharashtra government signs three MoUs with Chinese companies

Uddhav Thackeray led Maharashtra government and signed MoUs collectively worth Rs 5,000 crore with three Chinese companies. In a statement issued, the government officials said,...

Agritech startup Agro2o secures funding from Mumbai Angels Network

New Delhi-based Agritech startup Agro2o has raised undisclosed funding from Mumbai Angels Network. Incubated by Electropreneur Park, Agro2o develops products focused on making hydroponics-based farming...

IRB Infrastructure raises Rs 300 crore via NCDs

IRB Infrastructure Developers Ltd has raised Rs 300 crore through allotment of non-convertible debentures (NCDs). In a filing at the stock exchange, IRB Infra said,...

Tata Power Renewable Energy to develop 120 MW solar project in Gujarat

Leaders in power utility Tata Power on Monday said, "Its subsidiary Tata Power Renewable Energy Ltd (TPREL) will develop a 120 MW solar project...

Med-tech startup Crimson Healthcare secures Rs 1.75 crore from Mumbai Angels

Delhi based med-tech startup Crimson Healthcare has raised Rs 1.75 crore from Mumbai Angels Network. Founded in 2015 by alumni of Stanford Idea Biodesign, Pranav...

Public uproar on social media for Amazon of the East

Suddenly Assam witnessed a public uprising in social media outlets for safeguarding a sanctuary from the rampant opencast mining for coal. Campaigners argued that the...

Exim Bank extends $215 million line of credit to Malawi

India based finance lender Export-Import Bank of India (EXIM Bank) on Friday announced to extend $215.68 million Line of Credit (LOC) to the Malawi...

IDFC First Bank secures Rs 2,000 crore through allotment of preferential shares

Mumbai-based IDFC First Bank has raised nearly Rs 2,000 crore by issuing shares on a preferential basis to its promoters and others. In a filing...

Nexus Venture leads JIFFY.ai $18 million funding round

Palo Alto-based enterprise automation startup JIFFY.ai has raised $18 million in series A round funding from Nexus Ventures, Rebright Partners, and others. The new round...

IDFC Group sells 100 percent stake in IDFC Securities for Rs 86 crore

Private lender IDFC Group on Thursday announced, "It has completed the 100 percent equity stake help in IDFC Securities Ltd for Rs 86 crore." In...

SBI to raise $1.5 billion through bonds

India's largest public bank State Bank Of India (SBI) on Thursday said, "Its board has approved the plan to raise to $1.5 billion through...

Nexus Venture backed Postman raises $150 mn from Insight Partners, CRV and others

San Francisco-based leading collaboration platform for API development, Postman has raised $150 million in series C round funding from Insight Partners. Led by Insight Partners,...

Interview: Fintso Co-founder George Mitra says, “Wealth management has traditionally been a high touch model”

Today, we speak to George Mitra, Co-founder & CEO of Fintso, to understand how Fintso works and how it is helping independent financial advisors...

OECD: Global economy to shrink by 6% in 2020

Organization for Economic Co-operation and Development (OECD) Secretary-General Jose Angel Gurria said, "The global economy will decrease at least six percent this year due...

COVID-19: Satyendra Jain, “Delhi Government will acquire banquet halls, hotels to increase bed capacity”

Briefing the press on the coronavirus situation, Delhi Health Minister Satyendra Jain said, "If needed we will even acquire space available in banquet halls,...

Trending