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Topics: Business News

Apple acquires San Francisco based startup Fleetsmith

American technology giant Apple Inc has announced the acquisition of San Francisco-based startup Fleetsmith for an undisclosed amount. Giving an update on the acquisition, Fleetsmith...

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...
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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...
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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...

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...
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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...
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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...

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...
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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,...
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