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Topics: India

Ola Electric commences construction of mega-factory in Tamil Nadu

Global mobility company Ola has commenced the construction of two-wheeler mega factory on its 500 acres site in Tamil Nadu. In December 2020, Ola announced...

Battery Smart raises undisclosed amount from Orios Venture Partners and Faad Network

India-based electric vehicle battery swapping stations for E-rickshaws, Battery Smart has raised an undisclosed amount in series seed round funding led by Orios Venture...

Center brings new rules for social media and OTT platforms

In a bid to curb the fake news circulation, and to bring more transparency in the digital media space, the Union Government on February...

Arzooo secures $6 mn from Trifecta Capital

Bengaluru-based retail tech startup Arzooo on Wednesday raised $6 million from Trifecta Capital. "The funds will be used for network expansion, scaling up its supply...

Tata Power raises Rs 900 crore through NCDs

Power Utility company Tata Power has raised Rs 900 crore through the issuance of non-convertible debentures (NCDs). In a filing with the exchange, Tata Power...
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Orios Venture Partners Report: 44 Unicorn creates $106 billion value for Indian startup ecosystem

India's leading early-stage venture fund Orios Venture Partners has released a report on 'Indian Unicorns' which highlights the performance of the Unicorns across the...

Fisdom acquires IT return filing startup Tax2Win

Wealth management company Fisdom has announced the acquisition of online income tax return filing startup Tax2Win for an undisclosed amount. Speaking on the acquisition, Subramanya...

REC Ltd Secures $500 million via Global Medium Term Note Program

Leading infrastructure finance company REC Ltd on Tuesday said, "It has raised $500 million through the issuance of notes under its $7 billion Global...

Helix launches its first smartwatch in India

Helix a co-brand of TIMEX on Monday has announced the launch of its first smartwatch 'Helix Smart' in India. Helix Smart features a full touch...

Innopreneurs picks 10 startups from India and neighboring countries for its 6th edition

Innopreneurs, a platform for start-up founders, entrepreneurs, and aspirants to showcase their ideas in action and reap the benefits of validation, networking, mentoring, and...
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Snapdeal supports FSSAI’s ‘Eat Right India’ initiative

India based value-focused e-commerce company Snapdeal on Monday announced its participation in the Ministry of Health & Welfare's 'Eat Right India' initiative led by...

UP Budget 2021: Uttar Pradesh FM allots Rs 101 crore for Maryada Purushottam Shriram Airport

Presenting the state budget for 2021-22, Uttar Pradesh Finance Minister Suresh Kumar Khanna Monday alloted Rs 101 crore for Maryada Purushottam Shriram Airport in...

Vedanta CFO G R Arun Kumar steps down

Vedanta on February 20, 2021, announced that "G R Arun Kumar has resigned from the post of Chief Financial Officer." In a filing with the...

Zomato raises $250 mn from Kora Management, Fidelity and others

Online food delivery company Zomato has raised $250 million in primary round funding on a fully converted and diluted basis. Info Edge and investee in...

Rahul Gandhi says, “Agriculture is only business that belongs to million of Indians”

Congress leader and Member of Parliament Rahul Gandhi slammed Prime Minister Narendra Modi led Central Government on three farm laws that sparked a nationwide...
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Rapido launches rental services for multi-point trips in Bengaluru, and five other cities

India-based bike rental startup Rapido has announced the launch of rental services for multi-point trips in six cities including Bengaluru, Hyderabad, Delhi NCR, Chennai,...

L&T Power Transmission and distribution business bags ‘Large’ contracts

Engineering and construction company L&T on February 22 said, "Its power transmission and distribution business has bagged large domestic and international contracts. In a filing...

Kirana Capital draws $10 million from IndusInd Bank

India settled lender to small business, Kirana Capital has raised $10 million from IndusInd Bank with a 100% guarantee from the U.S. International Development...

Former Governor of Bank of England Carney joins Stripe board

U.S.-based digital payment company Stripe Inc has announced the appointment of former governor of Bank of England (BOE), and Canadian Central Bank Mark Carney...

India signs $50 mn defense LoC agreement with the Maldives

Indian External Affairs Minister, S Jaishankar on his two days visit here to the Maldives on Saturday said, "India has signed a $50 million...
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Karnataka Bank reports Rs 34.16 crore fraud against IL&FS Transportation to RBI

Karnataka Bank on Friday said, "It has informed the RBI regarding a fraud of Rs 34.16 crore in credit facility extended to IL&FS Transportation...

S Jaishankar: India offers $40 mn LoC to Maldives

In an effort to boost the sports infrastructure, Indian External Minister S Jaishankar has offered a $40 million in Line of Credit to the...

Maharashtra reports 6,112 COVID-19 cases in the last 24 hours

Maharashtra Health Ministry on Saturday said, "It has reported a spike in COVID-19 cases in the last 24 hours in the state." Counting the highest...

Finance Minister Nirmala Sitharaman calls fuel price hike a vexatious issue

Speaking to the press on Saturday, Union Finance Minister Nirmala Sitharaman said, "Fuel price hike is a vexatious issue in which no answer except...

The impact of technology on Small to Medium size enterprises

The current business landscape across the globe is being led by digital technologies that are transforming the way systems and processes work. Business concepts...
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Payment Council hails RBI’s Master Directions on Digital Payments Security Controls to promote payment security

The Payments Council of India (PCI), the largest industry body for digital payments ecosystem in India welcomed the Master Directions on Digital Payments Security...

Nitin Gadkari calls to make usage of Electric Vehicle mandatory for Government officials

Union Minister for Highways and Transportation Nitin Gadkari has called for making it mandatory for the usage of Electric Vehicles for all officials in...

“Received multiple interests for Pawan Hans,” says Govt

Department of Investment and Public Secretary Tuhin Kanta Pandey on February 18, said, "It has received multiple interests for helicopter company Pawan Hans." In a...

DLF Cyber City Developers completes acquisition of 51.8% stake in Fairleaf Real Estate

DLF Cyber City Developers Ltd on Thursday announced that "It has completed the acquisition of 51.8 percent stake in Fairleaf Estate Private Ltd for...

L&T secures orders to develop two units of Kudankulam Nuclear Power project

The leading infrastructure company Larsen and Toubro (L&T) on February 18 said, "L&T Construction has secured an order from Nuclear Power Corporation of India...
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