Topics: Business

Budget 2020: A budget for better economic prospects: expectations from the fintech sector

Even as we prepare for the budget 2020, just a day away, here are some of the expectations from the fintech industry ahead of...

Warren Buffett is selling his newspaper business

OMAHA: Billionaire Warren Buffett is giving up on the newspaper business. He's selling all of Berkshire Hathaway's publications to Lee Enterprises for $140 million, including...

MoneyTap collects Rs 500 crore in series B round funding from Aquiline Technology Growth, RTP Global, and Sequoia India

Online consumer lending startup MoneyTap on Monday announced that it has raised Rs 500 crore in series B round funding from Aquiline Technology Growth...

Flipkart Co-founder Sachin Bansal resigns from Ujjivan Small Finance Bank board

Citing to the conflict of interest, Flipkart ex-CEO and Co-founder Sachin Bansal has announced that, “It has resigned as an independent director of Ujjivan...

Godfrey Phillips rejects Lalit Modi's claim on KK Modi stake sale

Manufacturer of Marlboro cigarettes in India, Godfrey Phillips India has rejected the claim made by Lalit Modi who said that “Its (Godfrey Phillips) promoter,...
- Advertisement -

EdTech startup WizKlub secures Rs 7 crore from Incubate Fund India and Insitor Impact Asia Fund

Bengaluru -based edtech startup, WizKlub has announced that “It has raised Rs 7 crore in series seed round funding from Japan's early-stage VC Fund,...

Shriram City Union Finance to raise $1 billion in dollar bond sale through GMTN programme

Chennai-based non-banking financial institution, Shriram City Union Finance Ltd is planning to raise $1 billion in bond sale through Global medium-term notes (GMTN) programme. In...

Online food delivery company Takeaway wins $8 billion battle of Britain's Just Eat

Amsterdam-based online food ordering company Takeaway.com has won the battle for Britain’s Just Eat with £6.2-billion pound ($8 billion) share offer that will create...

US venture capital funding decline by 42.5% in last quarter of 2019

US venture capital-backed companies raised $23 billion in the last quarter of 2019, down 42.5% from the same period a year ago, according to...

Snack startup Samosa Singh bags $2.7 mn in A round funding from She Capital, Fireside Ventures and others

In participation with Equanimity Investments, and AL Trust. The Bengaluru -based snack startup Samosa Singh has advanced $2.7 million in series A round funding...
- Advertisement -

Bike rental startup Bounce snaps $105 Mn from B Capital, Accel Partners, and Others

India-based bike rental startup Bounce has raised $105 million in series D round funding from Accel Partners India, B Capital, and others. The new round...

JSW Steel to raise Rs 1,000 crore through Non-convertible debentures

India's largest steel company, JSW Steel on Thursday said that “It will be raising nearly to $1000 crore through issuance of non-convertible debentures.” In a...

Glenmark Pharma to sell its India and Nepal business for Rs 115 crore

Mumbai based pharma company, Glenmark Pharma has announced that, “The board has decided to sell its Gynaecology business in India and Nepal for Rs...

UP Government to increase license fee for foreign liquor by 20 percent, and beer by 15 percent

As a part of the 2020-2021 excise policy. the Uttar Pradesh state cabinet on Wednesday said that “It has given an approval to increase...

Military Radar: Upgradation of Existing Systems and Equipment Will Ease the Growth Process

As the global military radar market size is expected to reach USD 19.56 billion by 2026, exhibiting a CAGR of 4.21% during the forecast...
- Advertisement -

Nestle to invest $2.1 billion to reduce the use of virgin plastics

In an attempt to reduce the use of virgin plastics. The Swiss largest food and beverage company Nestle has announced that “It will invest...

Manappuram Finance snaps $300 million in bonds

Manappuram Finance on Monday has announced the approval of the issuance of fixed-rate senior unsecured notes aggregating to $300 million. In a filing at BSE,...

TypingDNA closes $7 million in series A round funding from Gradient Ventures, GapMinder, Techstars Ventures, and others

A New York-based behavioral biometrics company, TypingDNA has raised $7 million in series A round funding from Gradient Ventures, Google AI-focused venture funds, and...

NSE reaches to SEBI, plans to launch its IPO by September

The National Stock Exchange (NSE) has said that “It has approached the markets' regulator SEBI, for the approval to its IPO.” While speaking with the...

Abu Dhabi announces $200 million as financial aid to support SMEs in Pakistan

In an attempt to support small and medium-sized enterprises (SMEs), the Crown prince of Abu Dhabi 'Sheikh Mohammed bin Zayed' has announced the financial...
- Advertisement -

Ashok Leyland records 28 percent decline in December sales

India's largest auto-manufacturing giant Ashok Leyland has reported a decline of 28 percent in its total commercial vehicle sales in December. In a filing at...

Saudi Arabia may shave light crude prices to Aisa in February

Saudi Arabia, the world's biggest oil exporter, may cut the prices of its light crude grades sold to Asia in February on signs of...

NHPC to raise Rs 2,000 crore in FY 19-20

A state-owned hydropower generation company NHPC Ltd, is planning to raise Rs 2,000 crore through various instruments. In a filing at BSE, the company said,...

SoftBank's $3 billion WeWork rescue plan, in talk with Japan's three largest banks

SoftBank Group Corp's talks to secure $3 billion from Japan's three biggest banks have stalled as the lenders have hit internal lending limits to...

Amazon starts pilot projects to buy directly from Indian farmers

As a part of the farm-to-fork initiative, Amazon India Retail venture has started a pilot project to by fresh fruits ad vegetables directly from...
- Advertisement -

RBI is purchasing dollars through state-run banks

Reserve Bank of India, also known as (RBI) is buying dollars in the market through state-run banks. Four traders, familiar with the update, said, "It...

Finance Minister Nirmala Sitharaman introduces "Insolvency and Bankruptcy code" bill in Lok Sabha

Finance Minister Nirmala Sitharaman on Thursday introduced a bill in the Lok Sabha to amend the Insolvency and Bankruptcy Code. The Insolvency and Bankruptcy...

China auto sales decline for 17th consecutive month in November: Industry association

Auto sales in China fell for a 17th consecutive month in November, with the number of new energy vehicles (NEVs) sold contracting for a...

Aditya Birla Fashion appoints Himanshu Kapania as company's vice chairman

India leading fashion and retail giant, Aditya Birla Fashion and Retail Ltd, has announced the appointment of Himanshu Kapania as vice chairman of the...

Passenger vehicle sales drop by 10.83 percent in November

Domestic passenger vehicle sales declined 0.84 percent to 2,63,773 units in November from 2,66,000 units in the year-ago period. Domestic car sales were down 10.83...
- Advertisement -

Trending