Banking

Grasim Industries Receives Rs 5,000 Cr Three Term Loan From Axis Bank

Grasim Industries, the flagship company of the Aditya Birla Group, on Tuesday announced entering into three term loan ag... Read more

State-owned NBFC Firm REC Raises $750 Mn Through Issuance Of Green Bonds

State-owned non-banking finance firm REC Ltd has raised USD 750 million through issuance of green bonds. The expected s... Read more

MOIL's Output Grows 6% To 1.3 MT In FY23, 14% Higher Capex Utilised

State-owned MOIL has registered a 6 per cent rise in its manganese ore production to 13.02 lakh tonnes (LT) in 2022-23. ... Read more

Inox Air Ropes In TP Saurya Bandita To Set Up 40 MW Captive Solar Plant

INOX Air Products on Tuesday said it has signed an agreement with TP Saurya Bandita Ltd to set up a 40 MW captive solar ... Read more

Mumbai-based Alternative Credit Platform BlackSoil Raises $25 Mn

BlackSoil, a Mumbai-based alternative credit platform, on Tuesday said it has raised over USD 25 million (about Rs 205 c... Read more

After $3 Bn, Reliance Industries, Jio Raise $2 Bn Foreign Exchange Loan

Barely days after signing a USD 3 billion financing in India's most widely syndicated loan, Reliance Industries Ltd and ... Read more

3.1 Mn Jobs Shortfall In Cybersecurity, Skill Shortage Hits Indian Firms

The '2023 Global Cybersecurity Skills Gap Report' also found that 24 per cent of Indian organisations experienced five o... Read more

Britannia Industries Declares Interim Dividend Of Rs 72 Per Share For FY23

Leading bakery foods company Britannia Industries on Tuesday announced an interim dividend of Rs 72 per equity share for... Read more

JP Morgan Puts HCL On 'negative Catalyst Watch' Ahead Of Q4 Results

JP Morgan on Tuesday placed Indian IT services provider HCL Technologies Ltd on "negative catalyst watch" ahead of the e... Read more

Eastern Railway's Revenue Sees 21.17% Jump To Rs 10, 502 Cr In FY'23

The Eastern Railway on Tuesday said it has earned a total revenue of Rs 10,501.99 crore in the 2022-23 financial year, r... Read more

V3 Ventures Plans To Invest 30 Mn Euros In Indian Start-ups

London-based V3 Ventures on Tuesday announced that it will invest around 30 per cent of its EUR 100 million fund in earl... Read more

TVS Motor Company's Singapore Arm To Buy 25% Stake In Killwatt GmbH

TVS Motor Company on Tuesday said its Singapore-based arm will acquire a 25 per cent stake in Germany-based electric mob... Read more

Capex Cannot Be Driven By Public Investment, Says Industry Body Assocham

Industry body Assocham on Monday said capital expenditure cannot be driven largely by public investment and the private ... Read more

Venture Debt Platform Blacksoil Announces Raising $25 Mn In Fresh Capital

Company says it start-ups looking for support amid funding winter are turning to venture debt Read more

Meta Pauses Hirings After Mass Layoffs, No Longer Listing Remote Positions

After laying off 21,000 employees in two job cut rounds, Meta is further looking to cut costs, and has reportedly plans ... Read more