Topics: investors

Market Analysis: OPEC+ agrees to a historic production cut

OPEC+ agreed to the largest production cut ever of 9.7 mbpd which accounts for 10% of the daily global crude supply. US, Brazil, and...

Facebook appoints Robert Kimmitt as a lead independent director

U.S. leading social networking giant Facebook Inc on Friday announced the appointment of the U.S. treasury's former deputy secretary Robert Kimmitt as a lead...

Market Analysis: Stocks rise, USD weakened after US Congress approves stimulus package

We witnessed an emphatic recovery in global equities in the past couple of days. The US parliament approved a USD 2tn stimulus package which...

Fintso secures $2.6 million in maiden round funding from Mankind Pharma CEO Rajeev Juneja, Piyush Gupta, and others

India-based PaaS (Platform-as-a-Service) startup Fintso has secured $2.6 million in its maiden round funding from the set of individual Angel investors. The new round of...

Market Analysis: “COVID-19 to dry up the liquidity in the FX market, quotes to become wider as participation tapers off.”

The Global Coronavirus situation continues to become grim by the day. Several countries across Europe have come to a grinding halt on account of...

Enterprise-Cloud Governance startup CoreStack secures $8.5 million in Series A round funding from Naya Ventures

Chennai-based enterprise-cloud governance technology startup CoreStack has secured $8.5 million in series A round funding from Naya Ventures in participation with strategic investors. In a...

Space tech startup Agnikul secures Rs 23.4 cr in Pre-series A round funding from Pi Ventures, Artha Ventures, and others

Chennai-based 3D printed single-piece rocket engine marker Agnikul has raised Rs 23.4 crore in Pre-series A round funding from pi Ventures. The new round of...

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: Cabinet approves reconstruction scheme for Yes Bank

Union Finance Minister Nirmala Sitharaman on March 13 said that the Cabinet has approved the Reserve Bank of India's (RBI) reconstruction scheme for Yes...

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...

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...

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...

Report: Flipkart challenges India antitrust probe

Walmart's Flipkart has filed a legal challenge against an antitrust investigation ordered against the company in India, a court filing seen by Reuters showed,...

Unacademy raises $110 million from Facebook, General Atlantic, Sujeet Kumar, and others

India -based online ed-tech startup Unacademy has raised $110 million in its post-funding round from Facebook, General Atlantic, in the participation of few other...

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...

Subramanian Swamy, “GST is the biggest madness of the 21st century”

Describing India's latest tax reform GST as "the biggest madness of the 21st century," BJP leader and Rajya Sabha MP Subramanian Swamy on Wednesday...

RBI approves shareholding dilution plan of Kotak Mahindra Bank’s promoters

The Reserve Bank of India on Tuesday approved the shareholding dilution plan of Kotak Mahindra Bank's promoter. In a filing with the stock exchange, the...

Coronavirus Outbreak: Oil prices steady as coronavirus related demand concerns weigh

Oil prices were little changed on Monday as concerns of falling fuel demand caused by the economic fallout from the coronavirus outbreak in China...

NIIT announces Rs 337 crores buyback share plan

India's leading IT institute, the National Institute of Information Technology (NIIT) on Saturday announced its Rs 337.4 crore buyback plan. In a filing with the...

Trump’s $1.5 billion uranium bailout triggers a rush of mining plans

President Donald Trump's $1.5 billion proposal to prop up the country's nuclear fuel industry has emboldened at least one company to take steps toward...

EduTech startup Vedantu swipes $24 million in Series C round funding from GGV Capital

In participation with existing investors, Vedantu, a Bengaluru based online education startup, has raised $24 million in series C round funding from GGV Capital...

Edu-tech startup BYJU’S scores $200 million in funding from General Atlantic

India-based online education startup BYJU'S has raised undisclosed funding from its existing investor General Atlantic. But, according to the media sources, “The investment from General...

Wall Street dips record high after U.S. employment report

Wall Street slipped from record highs at the open on Friday as investors assessed the U.S. employment report for January that showed acceleration in...

Reports: Goldman Sachs to raise $8 bn in its second buyout fund

Goldman Sachs Group Inc plans to raise $8 billion in only its second buyout fund since the 2008 financial crisis, bolstering its ability to...

Global green bond issuance to be at $300-$375 billion this year

Global green bond issuance is expected to be between $300-$375 billion this year, after a record year last year, according to research from two...

India may issue $5 billion bonds with no foreign investment cap limit

India is likely to issue at least $5 billion worth of bonds with no limits on foreign investment next year, in a bid to...

Logistics startup Fleetx secures $2.8 million in series A round funding

Gurugram-based logistics startup Fleetx has announced that it has secured $2.8 million in series A round funding from Singapore based Venture capital firm Beenxt...

Coronavirus Outbreak: Over $420 billion wipes out from China's stock market

Investors erased $420 billion from China's benchmark stock index on January 3, sold the yuan and dumped commodities as fears about the spreading novel...

Budget 2020: Reaction on budget from Industry, Startup founders, Investors, and Analysts

With the bid to boost the economy through the multiple investment announcements in the different sectors like health, rural, education, startups, agriculture and Infrastructure,...

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...

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