Topics: Business

Force Motors to raise Rs 500 crore through NCDs

Automobile company Force Motors on Tuesday said, "Its board has approved to raise to Rs 500 crore through issuance of non-convertible debentures (NCDs)." In a...

Embassy REIT to raise Rs 2,600 crore via NCDs

Embassy Office Parks REIT on Tuesday said, "Its board has approved to raise to Rs 2,600 crore through issuance of non-convertible debentures (NCDs) on...

RPP Infra Projects joint venture bags order of Rs 232 cr from Highways Department

RPP Infra Projects ha said, "Its joint venture firm has received an order worth of Rs 231.77 crores from Highways Department. In a filing with...

PNB Housing Finance independent director Shubhalakshmi Panse resign

PNB Housing Finance in its statement said, "It's independent director Shubhalakshmi Panse has resigned from her position to continue her role at Can Fin...

Bharat Biotech partners with Precisa Medicamentos to supply Covaxin in Brazil

India based pharmaceutical company Bharat Biotech has signed an agreement with Precisa Medicamentos to supply coronavirus vaccine Covaxin to Brazil. In a statement issued, the...
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Union Minister Nitin Gadkari launches cow dung paint

The Union Minister for Road Transportation and Highways and MSMEs, Nitin Gadkari has launched a cow dung paint named 'Khadi Prakritik Paint.' "The paint is...

Reserve Bank ducks Vasantdada Nagari Sahakari Bank license

The Reserve Bank of India (RBI) has canceled the license of Osmanabad, Maharashtra based Vasantdada Nagari Sahakari Bank Limited. Reserve Bank in its statement said,...

Amit Shah: Coal sector to plays crucial role in making India $5 trillion economy

Speaking at the event on Monday, Union Home Minister, Amit Shah said, "The Coal sector will play a crucial role in achieving India's ambition...

SSA Finserv secures $3 mn from Blue Ashva Capital

Mumbai based SSA Finserv has raised $3 million in its new round of funding from Blue Ashva Capital. "The company will use the fresh funds...

BHEL bags Rs 450 crore order from NALCO

Bharat Heavy Electricals Limited (BHEL) said, "It has received an order worth Rs 450 crore for a steam and power plant from National Aluminium...
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KKR closes $3.9bn in its final maiden Asian Infrastructure focused fund

The U.S based leading investment company KKR on Sunday said, "It has raised $3.9 billion in its final close of maiden Asian Infrastructure focused...

Pavel Durov says, “Telegram to monetize its platform from this year”

Telegram founder Pavel Durov said, "It will begin to generate revenue, starting next year (From 2021). Pavel Durov in its post said, "Telegram will begin...

NSE launches derivatives on Nifty Financial Services Index

The National Stock Exchange (NSE) on Monday announced the launch of derivatives on the Nifty Financial Services Index. NSE in its statement said, "It has...

Tejashwi Yadav: Held Budget session in the traditional way or entire opposition will boycott

Rashtriya Janta Dal (RJD) leader, and Member of Legislation, Tejashwi Yadav said, "If the budget session isn't held traditionally, the entire opposition will boycott...

HMEL to shut Bathinda refinery for 40 days

HPCL-Mittal Energy Ltd (HMEL) has announced to shut its 226,000 barrels per day (BPD) Bathinda refinery in the northern part of Punjab state for...
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Okaya Power bags contract from REIL to install 4,244 EV charging stations

Okaya Power on 8 January said, "It has bagged a contract to install 4,244 multi-standard electric vehicles (EV) charging stations across the country from...

Tata Motors launches compact truck Intra V20 in Nepal

Automaker giant Tata Motors has announced the launch of its compact truck Intra V20 in Nepal for 19.17 lakh Nepalese rupees. In a statement issued,...

SBI raises $600 mn from overseas bonds

India's leading public sector bank, State Bank of India (SBI) on Thursday said, "It has raised $600 million from overseas bonds." In a filing with...

BlackSoil secures Rs 32 crore via NCDs

Leading debt round funding venture firm, BlackSoil has raised Rs 32 crore through issuance of non-convertible debentures (NCDs), to complete Rs 100 crore of...

Rise of the E-Commerce Industry Amid the Ongoing Times of Crisis

The widespread outbreak of the pandemic affected almost all sectors across the globe in a very short period. While some industries such as travel...
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Brand Leaders At Their Best Post Covid-19 To Retain Themselves In The Market

Are you a business owner like many others? Yes! This makes one thing certain, the pandemic has rocked your world! Be it dealing with the change...

PCI Applauds RBI’s Bold Step Towards Deepening Financial Inclusion

The Reserve Bank of India (RBI) on Tuesday issued the implementation guidelines for its much awaited scheme on Payments Infrastructure Development Fund (PIDF). According...

Chancellor Rishi Sunak announces £4.6 bn support grant for businesses

U.K chancellor Rishi Sunak has announced £4.6 billion ($5.4 billion) in a new grant to support retail, hospitality, and leisure business. Addressing the nation, Rishi...

U GRO files patent for its unique score-card based underwriting model

Leading lending platform for small and medium businesses, U GRO Capital on Wednesday filed for its unique scorecard based underwriting model at the Indian...

Pregnancy health app iMumz Rs 2.2 crore from Enzia Ventures, AngelList, and Titan Capital

India based pregnancy healthcare app iMumz has raised Rs 2.2 crore in its new round funding from Enzia Ventures, AngelList, and Titan Capital. Founded by...
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Alibaba to close its music business

Chinese technology giant, Alibaba will be shutting down its online music platform Xiami Music. Xiami Music announced the news on Chinese social media platform Weibo,...

Hero Future Energies appoints Srivatsan Iyer as Global CEO

Renewable energy company, Hero Future Energies has announced the appointment of Srivatsan Iyer as its Global Chief Executive Officer. Srivatsan Iyer will be taking over...

Plutus Wealth Management acquires shares worth Rs 500 crores of Nazara Technologies

Online Gaming company, Nazara Technologies said, "Plutus Wealth Management and its associates have acquired shares worth of Rs 500 crores from WestBridge Ventures II...

Rachel Ler joins Commvault board as VP & GM, APJ

Commvault has announced the appointment of Rachel Ler as Vice President and General Manager for its APJ business. "Ler brings a proven track record of...

Government to divest 26% shares of BEML

Indian Government has announced to divest 26 percent of its total equity shares in BEML. In a filing with the exchange, BMEL said, "The Government...
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