India's Budget 2025-26 Coverage
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Topics: Business News

Zomato raises $660 mn in primary financing round

Online food delivery startup Zomato has raised $660 million in the primary financing round at the post-money valuation of $3.9 bn from 10 new...

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 expands its network, adds 1,300 additional pin codes in 2020

Snapdeal has grown its network by expanding to additional 1,300 pin codes in 2020 to now cover 27,000+ pin codes across India. "The network expansion...

BlackSoil India Credit Fund invest Rs 10 crore in Sreyas Holistic Remedies

India-based venture debt and alternative fund, BlackSoil has announced its first investment of Rs 10 crore in Holistic Remedies Private Limited (Oliva) through its...

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...

Textile Minister Smriti Irani: Rs 8 lakh crore in MSP has provided by PM Modi

Speaking at the rally in Meerut, UP, Union Minister of Textile, Smriti Irani said, "PM Narendra Modi led NDA government has provided Rs 8...

Prime Minister Modi: Rs 16,000 crore being transferred into the account of 35 lakh MP farmers

Addressing the Kisan Kalyan event in Madhya Pradesh via video conferencing, Prime Minister Narendra Modi, said, "Today, Rs 16,000 crore are being transferred into...

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...

MEA says, “Seven agreement including hydrocarbon, agriculture signed between India and Bangladesh”

Smita Pant, Joint Secretary, Bangladesh-Myanmar in MEA said, "Seven Agreements including Hydrocarbon, Agriculture, and Culture were signed between India and Bangladesh."  Sharing the details of...

OnlineSales Ai raises new round funding from IvyCap Ventures, Core91 VC & Others

OnlineSales Ai has secured an undisclosed amount in pre-Series B round funding from IvyCap Ventures. Led by IvyCap Ventures, and Core91 VC the new round...

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...

“Auctioning spectrum will enable industry to cater exponential increase of data usage,” Says DG COAI

Speaking on the auction of 2251 MHz spectrum, Lt Gen Dr. SP Kochhar, Director General of COAI said, "We welcome the government's decision to...

Ex MD & CEO of Bajaj Alliance General Insurance, Hemant Kaul invests in VANS Skills & advisory

Former Managing Director and CEO of Bajaj Alliance General Insurance, Hemant Kaul has invested an undisclosed amount in VANS Skilling & Advisory. Founded by an...

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...

Sports Tech startup Hudle raises funding from Survam Partners

Delhi based sports tech startup, Hudle has raised an undisclosed amount in pre-Series A round funding. Led by Survam Partners, the family office of Suman...

Beyond 2020 – The FinTech story

In the wake of the deadly Coronavirus outbreak, the world witnessed unprecedented changes that restricted the functioning of several sectors. Not knowing how long the...

Shriram City Union Finance to raise Rs 200 crore through bonds

Shriram City Union Finance on Monday announced to raise Rs 200 crore through the issuance of bonds on a private placement basis. In a filing...

Bank of Maharashtra secures Rs 200 crore via bonds

Bank of Maharashtra on Monday said, "It has raised Rs 200.70 crore through private placement of Basel III compliant tier II bonds." In a filing...

Ola signs MoU with Tamil Nadu Govt for electric scooter factory

Leading mobility platform, Ola has signed the Memorandum of Understanding (MoU) with the Tamil Nadu government for an investment of Rs 2,400 crores to...

OnePlus co-founder secures $7 million for his new venture

OnePlus co-founder Carl Pie has secured $7 million in series seed round funding for its new venture that will be launched early next year. The...

Report: Most shops in Germany to remain close from 16 December

In an effort to control the further spread of coronavirus in the country, Germany is reportedly planning to close most of the shops from...

Finance Ministry approves Rs 98.79 bn expenditure proposal of 27 states

The Ministry of Finance has said, "It has approved Rs 9,876 crore worth of capital expenditure proposal of 27 states." The Ministry in its statement...

Tata Motors floats VRS Scheme for permanent employees

In a bid to control the overall cost of the company, Tata Motors on Friday floated a voluntary retirement scheme (VRS) for the third...

Uttar Pradesh approves financial insensitive for Samsung’s Rs 48.25 Bn display factory

The Uttar Pradesh Government on Friday said, "It will give a financial insensitive to Samsung Electronics Co to set up a 48.25 billion rupees...

RBI promotes R Subramanian, Rohit Jain & RS Ratho as Executive Directors

The Reserve Bank Of India (RBI) has promoted three of its Chief General Managers (CGMs), R Subramanian, Rohit Jain, RS Ratho as its Executive...

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