Banking

Kinara Capital Plans To Add 700 Employees By November

Kinara Capital, a fintech company serving Micro, Small and Medium Enterprises (MSMEs), said on Tuesday it plans to add 7... Read more

Japan's Chubu Electric To Buy 20% Stake In India's OMC Power For $39 Mn

Japan's Chubu Electric Power Co Inc said it will spend up to 5 billion yen ($39 million) to buy a 20% stake in India's r... Read more

ITC Infotech Eyes $500 Mn Revenue Over Five Years From New Business Unit

Last month, ITC Infotech said it would be acquiring a part of PTC's product lifecycle management (PLM) implementation se... Read more

Nearly Half Of Insolvency Proceedings Led To Liquidation Rather Than Rescue

IBBI latest data suggest only 14 per cent yielded resolution plans since the inception of IBC Read more

Ingka-owned IKEA India To Launch First Store In Bengaluru On June 22

IKEA India (part of the Ingka Group), Swedish home furnishings retailer, said it will launch its first store in the city... Read more

StrideOne Raises Rs 250 Cr To Help Startups Meet Financing Needs

Financial services platform for startups StrideOne on Tuesday said it has raised Rs 250 crore via a mix of equity (led b... Read more

TechEagle Collabs With India Post To Deliver Mail Through Drone In Gujarat

Gurugram-based startup TechEagle said its drone has successfully delivered a mail in Gujarat under a pilot project in co... Read more

Attero To Spend $1 Billlion Over 5 Years On Battery Recycling Plants

With the $1 billion investment, Attero is seeking to recycle over 300,000 metric tons of lithium-ion battery waste annua... Read more

Zoomcar Expects To Achieve Profitability In India By This Year-end

Car sharing platform Zoomcar said it expects to achieve profitability in India by this calendar year-end, on the back of... Read more

Top Headlines: Voda-Idea To Raise Funds, Sun Pharma Q4 Loss, And More

From Sun Pharma posting loss in Q4 to Vodafone-Idea engaging in talks to raise funds, here are the top headlines on Tues... Read more

SUGAR Cosmetics Closes $50 Million Series D Funding Led By L Catterton

L Catterton has significant experience investing globally in the beauty and personal care space Read more

Amazon Prime Signs Licensing Deal With Film Producer Sajid Nadiadwala

The latter owns production house Nadiadwala Grandson Entertainment (NGE), which has released films such as Housefull, Ba... Read more

Implementation Of Jet Resolution Plan Subject To Outcome Of Order: NCLAT

Insolvency appellate tribunal NCLAT said the implementation of Jalan-Kalrock consortium resolution plan for Jet Airways ... Read more

Bounce Infinity Ties Up With BPCL To Set Up Battery Swapping Infrastructure

Electric mobility player Bounce Infinity on Monday said it has partnered with Bharat Petroleum Corporation Ltd (BPCL) fo... Read more

4 Future Group Companies To Not Release Results For Jan-March Quarter

In April, Future Enterprises Ltd's two independent directors Anand Chndrasekaran and Malini Chopra had resigned Read more