Topics: Business

Samsung Electronics asks its shareholders to use electronic voting for upcoming AGM

Technology giant Samsung Electronics has adopted electronic voting for the first time ever for this year's annual general meeting (AGM) on March 18, urging...

YESBankCrisis: ED summons Anil Ambani in money laundering probe

Reliance Group Chairman Anil Ambani has been summoned by the ED in connection with its money laundering probe against Yes Bank promoter Rana Kapoor...

Christine Lagarde said, “COVID-19 will have a huge impact on economic activity”

The President of the European Central Bank, Christine Lagarde on Saturday, said that “The recent outbreak of Coronavirus (COVID-19), will have a significant...

Tata Steel to raise Rs 670 crore through Non-convertible debentures

India-based steel company Tata Steel has said that “Its committee of directors has approved the plan of raising Rs 670 crore through issuance of...

GE Power India terminates Rs 818.3 crore worth of contract with NECL

GE Power India Limited on Thursday said that “It has terminated a contract with Navayuga Engineering Company Ltd (NECL).” The company in its filing at...
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TG TV: Mark Carney says, “Bank of England will take necessary steps to support the UK economy”

Governor Mark Carney, on Wednesday, said that "The Bank of England will take all necessary further steps to support the UK economy from the...

TG TV: Union Minister Piyush Goyal speaks on the prospects of US-India Trade deal

In an event on Saturday, the union minister of India, Piyush Goyal speaks on the prospects of the US-India trade deal. https://www.youtube.com/watch?v=JGRsvrFzWvo&t=149s

Blockchain-focused social media platforms have made many promises, but haven’t delivered

The Tron Foundation, the main organization behind the development of Tron (TRX), one of the largest platforms for building decentralized applications (dApps), and Steemit...

An interview with Raj N. Phani, Founder & Chairman of Zaggle

When it comes to a FinTech company that is working towards helping corporates to maximize their business potential through digitizing and analyzing the spending,...

ArcelorMittal Nippon Steel acquires the Bhander power plant from Edelweiss Asset Reconstruction Company

ArcelorMittal Nippon Steel India on Tuesday said that “It has acquired the Bhander Power Plant from Edelweiss Asset Reconstruction Company.” The company in its statement...
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Ashok Leyland reports a 37% decline in February sales

India's leading automaker, Ashok Leyland, has reported a 37 percent decline in its total February sales at 11,475 units as compared to 18,245 units...

Opinion: Does Team Ramp Up Guarantee Increased Feature Velocity?

When startups move from early to the growth stage, their priorities change by a significant degree. Among all others, feature velocity stands out as...

Coronavirus Update: US health officials report the fourth case of virus of unknown origin

US health officials reported on February 28 a fourth case of novel coronavirus of unknown origin, indicating the disease was spreading in the country. The...

Shriram Transport Finance plans to raise funds through debt securities

India based transport finance company, Shriram Transport Finance has announced its plan to raise funding through the issuance of debt securities. In a filing with...

Vatika Group leases 50,000 sq ft area to French sports goods retailer Decathlon

Delhi-NCR based real estate developer Vatika Group has leased approximately 50,000 sq feet of area to French sporting goods retailer Decathlon for a flagship...
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Biocon receives two observations from USFDA for API Manufacturing Facility in Bengaluru

India's leading biopharma company, Biocon Limited on Thursday said that “It has received a Form 483 and two observations for its Small Molecules API...

Moody’s Analytics Mark Zandi: Global recession likely if coronavirus becomes pandemic

A global recession is likely if coronavirus becomes a pandemic, and the odds of that are uncomfortably high and rising with infections surging in...

Tata Motors to raise Rs 500 crore through non-convertible debentures

Automobile giant Tata Motors Limited on Wednesday said that “It will be raising Rs 500 crore through the issuance of non-convertible debentures on private...

ADB secures Rs 8.5 billion through offshore India rupee-linked bonds

The Philippines-based Asian Development Bank (ADB) on Tuesday said that “It has secured Rs 8.5 billion (approx $118 million), form a new issue of...

Grab is raising $856 million from Mitsubishi UFJ Financial Group, and TIS Inc

Singapore based ride-hailing startup Grab on Tuesday said that “It is raising $706 million from Mitsubishi UFJ Financial Group Inc (MUFG), and $150 million...
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Blume Ventures raises $41 million in Fund IIA

One of India's leading Venture Capital, Blume Ventures has announced that it has raised $41 million in Fund IIA. In an official statement, Blume Ventures...

GAIL to infuse Rs 1.05 lakh crore to create infrastructure for gas-based economy

GAIL India Ltd, the country's largest gas utility, will invest Rs 1.05 lakh crore over the next five years to expand pipelines, lay city...

Reserve Bank may offer Bandhan Bank more time to lower its promoters’ share

The Reserve Bank of India may offer additional time to Bandhan Bank to decrease its promoter shareholding in the bank. According to India's leading newspaper,...

PepsiCo acquires Chinese snack company Be & Cheery for $705 million

American multinational food and beverage maker, Pepsico on Sunday announced that “It has agreed to acquire Chinese snack brand Be & Cheery for $705...

SREI Infra Finance, CEO says, “Sector should raise resources on a sustained basis”

India's leading non-banking finance company, Srei Infrastructure Finance Limited, has said that “The sector which is going through liquidity crisis should be able to...
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Biocon receives three observations from USFDA for its Insulin Glargine facility in Malaysia

India's leading biopharma company Biocon on Saturday said that “It has received three observations for its insulin manufacturing facility in Malaysia from the United...

IATA: Asian airlines can lose $27.8 billion in revenue due to coronavirus outbreak

Airlines in the Asia-Pacific region stand to lose $27.8 billion (£21.6 billion) of revenue this year as they slash flights due to declining demand...

Panasonic launches its new IoT enabled ACs in India, plans to increase market share by 10% in the air-conditioner segment

Electronic maker Panasonic India is planning to increase its market share in the air-conditioners segment from six percent last year to 10 percent in...

Report: India to import record high volumes of LNG, as prices hit an all-time low on coronavirus outbreak

India is set to import record volumes of liquefied natural gas (LNG) this month, data shows, taking advantage of the super-chilled fuel's price hitting...

What is Expression of Interest that strategic financial buyer uses for buying tender

EOI or Expression of Interest is an application that a strategic financial buyer uses for buying a tender. The investment bankers are usually requested...
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