Topics: Business

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...

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...
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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...

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...
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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,...

Interview: Fintso Co-founder George Mitra says, “Wealth management has traditionally been a high touch model”

Today, we speak to George Mitra, Co-founder & CEO of Fintso, to understand how Fintso works and how it is helping independent financial advisors...

OECD: Global economy to shrink by 6% in 2020

Organization for Economic Co-operation and Development (OECD) Secretary-General Jose Angel Gurria said, "The global economy will decrease at least six percent this year due...
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NYSE holds moment of silence in honor of George Floyd

The floor of the New York Stock Exchange (NYSE) on June 9, hold a moment of silence in honor of George Floyd.

Fire Breaks out at Assam’s Oil well in Tinsukia

A huge fire broke out at a natural oil-producing well in the Tinsukia district of Assam.

MG Motor India partners with Tata Power to install superfast chargers for EVs at selected locations

India’s leading integrated power company, Tata Power on Monday said, “It has signed a memorandum of understanding (MoU) with MG Motor India to deploy...

President Donald Trump says, “European Union is almost as bad as China”

Speaking with the commercial fishermen on June 5, United States President Donald Trump said, "If the European Union doesn't drop the tariffs on American...

“Opportunity for India to bring back manufacturing industries from China,” says Uday Kotak

The president of the Confederation of Indian Industry (CII) Uday Kotak on Saturday shared a 10 points agenda to revive the economy. During the conference...
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SBI Chairman Rajnish Kumar jibe at pay cut remark: Will have to live on the street

Taking a jibe on the possible pay-cut remark for their leadership teams, State Bank of India (SBI) chairman Rajnish Kumar said, "Road pe aake...

Yatra scraps Ebix’s $337 million acquisition deal

India-based leading online travel company Yatra on Friday said, "It is terminating its pending acquisition agreement with Ebix." In a filing with the stock exchange,...

Prakash Javadekar: Government approves Rs 20,000 crore subordinate debts for MSMEs

Narendra Modi led Central government has approved Rs 20,000 crore as subordinate debts for stressed MSMEs. Addressing the press on June 1, Prakash Javadekar, Union...

COVID-19: Chennai Petroleum records inventory write-down of Rs 1,456 crore

State-owned oil refinery company Chennai Petroleum Corporation Ltd on Friday said, 'It has recorded an inventory write-down of Rs 1,456 crore due to the...

Government launches PM SVANidhi scheme to help 50 lakh street vendors

Prime Minister Narendra Modi led - Government of India has announced the launch of 'PM Street Vendors Atmanirbhar Nidhi (PM SVANidhi)' scheme a special...
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Adani Ports secures Rs 100 crore through NCDs

Adani Ports and Special Economic Zone (APSEZ) has secured Rs 100 crore through issuance of NCDs on a private placement basis. In a filing with...

Indian Energy Exchange launches real-time electricity market

India-based electronic systems based power trading platform Indian Energy Exchange Ltd (IEX), has announced the launch of Real-Time Electricity Market (RTM). In a filing with...

Manappuram Finance to raise Rs 500 crore through NCDs

India-based NBFC Manappuram Finance Ltd is reportedly planning to raise Rs 500 crore through issuance of non-convertible debentures on a private placement basis. In a...

ByteDance to set up its second corporate entity in India

Chinese internet giant ByteDance is setting up its second corporate entity in India. Quoting the sources familiar with the development, the Economic Times in its...

Vodafone Idea not considering any proposal from Google

India's leading telecom company Vodafone Idea Limited on Friday said, "It's board os not considering any proposal from Google." In a filing at the stock...
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