Banking

Warehousing Developer Pragati Group Raises $200mn From Singapore Based Fund

/ -- NCR-based Industrial and Logistics real estate developer Pragati Group, has raised $200 Million of equity capital f... Read more

SC To Hear Torrent Plea Against NCLAT Allowing 2nd RCap Auction On March 20

The second-round auction, scheduled for March 20, will not take place now, further delaying the resolution process of RC... Read more

BrightNight, ACEN Ink $250 Mn Pact For India Renewables Buildout

Renewable power producer BrightNight on Monday announced its partnership with ACEN Corporation and plan to deploy USD 25... Read more

SVB Collapse Brings Softbank's Startup Financing Under Investors' Lens

Now investors are cautiously pulling back despite the overnight pledge from US authorities to rescue the US lender that ... Read more

Fitch Affirms 'BBB-' Ratings For Adani Electricity Mumbai's Dollar Bond

Hindenburg report has limited near-term impact on cost of funding Read more

Nokia Join Hands With Netplus To Deliver Broadband Services In India

Nokia on Monday announced that it has entered into a partnership with Netplus Broadband, an Internet Service Provider (I... Read more

Hyundai Motor Considers Buying General Motors India's Talegaon Plant Assets

A Term Sheet has been signed for the potential acquisition of identified assets of the plant like land and building, cer... Read more

Paytm Monthly Transacting Users Surge To 89 Mn, Leads Offline Payments

Leading digital payments and financial services company Paytm on Monday announced its business operating performance for... Read more

Govt Likely To Miss Divestment Target As Hindustan Zinc Sale Delayed

With the government's offer for sale plans in HZL in limbo, it is unlikely that the disinvestment would happen by March Read more

Hybrid Energy Project Likely To Start By 2024, Says Jindal Stainless MD

The 300 MW hybrid project in partnership with ReNew is expected to commence operation in the next 18 months, Jindal Stai... Read more

Adani Group Prepays Entire Financing For Ambuja Cements Acquisition

The promoters have also prepaid a $500-million facility taken for Ambuja acquisition financing Read more

Government Of Gujarat Promoted Companies: A Success Story

The state is consistently ranked among top three in terms of attracting capital investment including foreign direct inve... Read more

Managing Director Mohanty Named LIC Interim Chairperson As Kumar Era Ends

Takes charge on March 14 for three months, faces challenges of LIC's falling market share and share price, apart from de... Read more

India's Chemical Demand Likely To Jump To $1,000 Billion By 2040: Report

India is likely to account for more than a fifth of incremental global consumption for chemicals over the next two decad... Read more

Bank Of Maharashtra Cuts Home Loan Rate To 8.4% From Existing 8.6%

State-owned Bank of Maharashtra (BoM) on Sunday announced a reduction in the interest rate on home loans to 8.4 per cent... Read more