Topics: Business

L&T Technology Services to acquire Texas based Orchestra Technology for $25 mn

India based engineering services company L&T Technology Services Limited (LTTS) has announced its plan to acquire Texas-based Orchestra Technology for $25 million. In a regulatory...

Uber appoints Prabhjeet Singh as President of India-South Asia business

Multinational ride-hailing company Uber Inc has announced the appointment of Prabhjeet Singh as President of India-South Asia business. Prabhjeet Singh will be replacing Pradeep Parameswaran,...

Tata Power bags order to develop 225 MW hybrid renewable power project

India based power utility company Tata Power on Thursday said, "It's subsidiary Tata Power Green Energy Limited (TPGEL), has received an LOA from Tata...

Coffee Day Enterprises interim COO resigns

Cafe Coffee Day's parent company Coffee Day Enterprises Ltd. has announced the resignation of its interim Chief Operating Officer, Nithin Bagamane. In a filing with...

NSE: Zero transaction charges on commodity derivatives

India's leading stock exchange National Stock Exchange (NSE) has announced its plans to extend the zero transaction charge for trades done in the commodity...
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RIL AGM: 2G Mukt Bharat, Reliance Jio partners with Google to develop affordable 5G smartphone for India

Speaking at the Reliance Industries 43rd Annual General Meeting on 15 July, Chairman of RIL, Mukesh Ambani said, "Reliance Jio has partnered with Google...

RIL AGM: Google to invest Rs 33,737 crore in Jio platforms

Reliance Industries on Wednesday said, "Google will be investing Rs 33,737 crore for a 7.7 percent stake in Jio Platforms Limited." Speaking at the Reliance...

Health insurance startup Plum raises Rs 7 crore from Incubate Fund

Bengaluru-based health insurance startup, Plum has raised Rs 7 crore in series Seed round funding from Incubate Fund, Gemba Capital, and others. The new round...

Reliance Industries launches Chatbot for shareholders

In a bid to provide accurate information to the general public, shareholders, and others during the Annual General Meeting (AGM), Reliance Industries on Monday...

HDFC Ltd in Rs 45,000 crore cash hunt

Private sector lender, Housing Development Finance Corporation Ltd (HDFC Ltd) on Monday said, "It is planning to raise up to Rs 45,000 crore through...
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Oberoi Realty leases office space to Morgan Stanley

US-based multinational bank Morgan Stanley on Monday said, "It has come into an agreement with Oberoi Realty to lease up to 1.1 million square...

Interview: Finolutions Wealthcare founder Apoorva Vora says, “There is no substitute for ‘being in touch’ in tough times”

When it comes to a B2B consulting firm that is working towards helping wealth managers to maximize their understanding and due diligence of the...

Interview: Vested Finance Co-founder Viram Shah says, “India deserves better access to global investment opportunities”

In a conversation with the TechGraph editorial team, Viram Shah, Co-founder & CEO of Vested Finance, said: "We use global brands such as Nike,...

Yatra partners with fintech startup Zaggle to offer integrated expense automation solutions for SMEs in India

Online travel company Yatra.com has announced its partnership with India-based fintech startup Zaggle to provide streamlined, integrated expense automation solutions for corporates and SMEs...

Yes Bank Board approves fundraising plan through FPO

Private sector lender, Yes Bank on Tuesday announced that "Its board has approved the plan to raise funds through a further public offering (FPO)." In...
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Edtech startup Edhusk secures undisclosed funding from Mumbai Angels

Jaipur-based 1-on-1 personalized learning platform Edhusk has raised undisclosed funding from Mumbai Angel Network. Founded in 2017 by Anuj Bhuria, Himanshu Kumar & Himanshu Meena,...

Torrent Power raises Rs 300 crore through NCDs

Torrent Power has raised Rs 300 crore through issuance of non-convertible debentures on a private basis. In a filing with the stock exchange, Torrent Power...

RPP Infra Projects secures two orders worth of Rs 66 crore

Tamil Nadu based developer RPP Infra Projects on Monday said, "It has secured two new orders worth of Rs 66 crores." In a filing with...

HDFC Bank records 25% increase in deposits at Rs 11,895 crore

An India-based private lender, HDFC Bank on Sunday, recorded an increase of 25 percent in its Q1 FY21 deposit at Rs 11,895 crore as...

Insolvency plea filed against IL&FS transportation’s Spanish arm ‘Elsamex SAU’

Mumbai based IL&FS Transportation on 3rd July said, "One of the lenders of its Spain-based subsidiary Elsamex SAU, has filed for insolvency." In a filing...
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Muthoot Finance plans for a stock split

Muthoot Finance on Friday said, "It is planning to consider a sub-division/stock split of equity shares." In a filing with the stock exchange, the company...

Defense tech startup Big Bang Boom Solutions seals $1 mn through Mumbai Angels

Chennai based defense tech startup Big Bang Boom Solutions (BBBS) has raised $1 million through Mumbai Angels Network in their overall $1.5 million in...

Kia Motor records 7,275 in June sale

Automobile company Kia Motors India said, "The company has sold 7,275 units in June." "The company has sold 7,114 units of Seltos and 161 units...

Tata Power Board approves to raise Rs 2,600 crore from its promoters

Leaders in Power Utility company, Tata Power on Thursday said, "Its board has approved a proposal to raise Rs 2,600 crore through issuance of...

Ex-Indigo president Aditya Ghosh joins FabIndia board

Fabindia has announced the appointment of the former president of IndiGo Aditya Ghosh as a member of its board of directors." In a statement issued,...
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Denmark based startup Beyond Leather Materials raises €1.1 million from Rockstart and Vaekstfonden

A Denmark-based startup that produces plant-based eco-friendly alternatives to animal leather Beyond Leather Materials has raised €1.1 million in Series seed round funding from...

JSPL to divest 100 percent stake of Oman-based subsidiary for $1 billion

Jindal Steel and Power Ltd (JSPL) has announced plans to sell its Oman-based subsidiary for over $1 billion (approx Rs 7,500 crore). In a statement...

Bank of Baroda to raise Rs 2,000 crore through bonds

Leading public sector lender, Bank of Baroda (BoB) has announced its plan to raise Rs 2,000 crore through issuance of bonds. In a filing with...

China says, “India has a responsibility to uphold the rights of our business”

Briefing the media on Tuesday, Zhao Lijian, spokesperson of the Chinese Foreign Ministry said, "Chinese government always asks Chinese business to abide by international...

LIC Managing Director T C Suseel Kumar joins Axis Bank board

Private lender Axis Bank on Monday said, "The bank has appointed Managing Director of Life Insurance Corporation of India (LIC), T C Suseel Kumar...
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