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Topics: Business

Battery Smart raises undisclosed amount from Orios Venture Partners and Faad Network

India-based electric vehicle battery swapping stations for E-rickshaws, Battery Smart has raised an undisclosed amount in series seed round funding led by Orios Venture...

Tata Power raises Rs 900 crore through NCDs

Power Utility company Tata Power has raised Rs 900 crore through the issuance of non-convertible debentures (NCDs). In a filing with the exchange, Tata Power...

Bharti Airtel launches ads platform Airtel Ads

Bharti Airtel on February 24, announced the launch of its advertising platform 'Airtel Ads'. Bharti Airtel in its statement said, "Using Airtel's deep data science...

BlueShift raises $30 mn from Fort Ross Ventures, Avatar Growth Capital and others

San Francisco based AI-powered customer data platform BlueShift on Wednesday raised $30 million in series C financing led by Fort Ross Ventures along with...

Orios Venture Partners Report: 44 Unicorn creates $106 billion value for Indian startup ecosystem

India's leading early-stage venture fund Orios Venture Partners has released a report on 'Indian Unicorns' which highlights the performance of the Unicorns across the...
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Fisdom acquires IT return filing startup Tax2Win

Wealth management company Fisdom has announced the acquisition of online income tax return filing startup Tax2Win for an undisclosed amount. Speaking on the acquisition, Subramanya...

SBI Cards raises Rs 550 crore through bond issue

SBI Cards and payment services on February 22, said, "It has raised Rs 550 crore through issuance of bonds on a private placement basis." In...

REC Ltd Secures $500 million via Global Medium Term Note Program

Leading infrastructure finance company REC Ltd on Tuesday said, "It has raised $500 million through the issuance of notes under its $7 billion Global...

Innopreneurs picks 10 startups from India and neighboring countries for its 6th edition

Innopreneurs, a platform for start-up founders, entrepreneurs, and aspirants to showcase their ideas in action and reap the benefits of validation, networking, mentoring, and...

Snapdeal supports FSSAI’s ‘Eat Right India’ initiative

India based value-focused e-commerce company Snapdeal on Monday announced its participation in the Ministry of Health & Welfare's 'Eat Right India' initiative led by...
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FashionTech startup CouchFashion raises $150k from We Founder Circle

A B2B FashionTech startup CouchFashion has raised $150K in seed round funding from We Founder Circle. "The startup plans to use fresh funding for hiring,...

Vedanta CFO G R Arun Kumar steps down

Vedanta on February 20, 2021, announced that "G R Arun Kumar has resigned from the post of Chief Financial Officer." In a filing with the...

Zomato raises $250 mn from Kora Management, Fidelity and others

Online food delivery company Zomato has raised $250 million in primary round funding on a fully converted and diluted basis. Info Edge and investee in...

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,...
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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...
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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...

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...

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...

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...
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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...

“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...

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...
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