Finance
Delivery Firm Dunzo Secures $75 Mn Funding, Lays Off 30% Of Staff: Report
Banking - Published date: .
According to the report, under the new business model, Dunzo will cut about 50% of its dark stores and run only those th... Read more
Standard Chartered, Akasa Air Close Operating Lease Of Boeing 737 Max 8
Banking - Published date: .
The first four MAX 8s were delivered between December 2022 and March 2023, the fifth is scheduled for delivery in the se... Read more
Edelweiss Financial Board Clears Rs 1,500 Crore Fund Raising Via NCD
Banking - Published date: .
Edelweiss Financial Services on Thursday said the board of the company has approved raising up to Rs 1,500 crore through... Read more
Torrent Investments Unlikely To Participate In 2nd Auction For Reliance Cap
Banking - Published date: .
The only resolution done for a financial services company under special powers of RBI Section 227 was DHFL which was won... Read more
FSIB To Soon Start Selection Process For New LIC Chairman This Month
Banking - Published date: .
The Financial Services Institutions Bureau (FSIB), the headhunter for directors of state-owned banks and financial insti... Read more
HDFC Bank, Flipkart Wholesale Launch Co-branded Card For Latter's Members
Banking - Published date: .
The product will offer users 5% cashback on Flipkart Wholesale online spending. Members can apply for the card directly... Read more
SVB Collapse Brings Softbank's Startup Financing Under Investors' Lens
Banking - Published date: .
Now investors are cautiously pulling back despite the overnight pledge from US authorities to rescue the US lender that ... Read more
Lenders To Miss March-end Deadline To Resolve Key Insolvency Cases
Banking - Published date: .
Once an account is settled with the highest bidder paying their bid amount, then it frees part of bank's locked fund in ... Read more
Adani Has $2 Bn Foreign-currency Bonds Coming Up For Repayment In 2024
Banking - Published date: .
The Adani group, whose mostly debt-fueled breakneck expansion saw gross debt doubling in four years, has almost USD 2 bi... Read more
RCap Resolution: NCLAT Allows Lenders' Plea For Another Round Of Bidding
Banking - Published date: .
The National Company Law Appellate Tribunal (NCLAT) on Thursday allowed a petition filed by lenders of Reliance Capital... Read more
More Value To Be Discovered, NCLT Has Usurped Powers Of CoC: Reliance
Banking - Published date: .
The lenders of Reliance Capital have submitted before the National Company Law Appellate Tribunal (NCLAT) that the Commi... Read more
SC Notice To CBI On Piramal Capital & Housing Finance Plea To Quash FIR
Banking - Published date: .
The PCHF contended that it cannot be saddled with the offences allegedly committed by the previous management prior to t... Read more
Tata Motors In Talks To Raise $1 Bn Via Stake Sale In EV Business: Report
Banking - Published date: .
Indian carmaker, Tata Motors has begun discussions with soverign wealth funds and private equity investors to sell a sig... Read more
Intangles Lab Raises $10 Million In Funds From Baring Private Equity
Banking - Published date: .
Predictive analytics solutions provider Intangles Lab on Tuesday said it has raised USD 10 million in funding from Barin... Read more
Future Enterprises Defaults On Rs 12.75-crore Interest Payment On NCDs
Banking - Published date: .
Debt-ridden Future Enterprises Ltd (FEL) has defaulted on the payment of interest of Rs 12.75 crore on two non-convertib... Read more
Indian Regulators Aware Of Concerns On Adani Group Issue, Says Sitharaman
Banking - Published date: .
Nirmala Sitharaman told reporters after meeting the central bank's directors in New Delhi, the capital Read more
RCap Resolution: NCLAT Issues Notices To Torrent Investments, Others
Banking - Published date: .
The National Company Law Appellate Tribunal (NCLAT) on Tuesday issued notices to Torrent Investments and other responden... Read more
Second European Airline In Less Than A Week Cancels All Flights After Going Bust
Expat - Published date: .
The airline says weak financial markets and uncertainty over demand for air travel left it cash-strapped. Read more
State Bank Of India Plans To Raise $500 Million Via Green Bonds
Banking - Published date: .
SBI has also issued green bonds worth $800 million since 2018-19 and a green loan worth €50 million in 2020-21 Read more
Gautam Adani's $2.5 Bn Share Sale Faces Crucial Day After Rout In Stocks
Banking - Published date: .
For 60-year-old Adani, the stock market meltdown has been a dramatic setback for a school-dropout who rose swiftly in re... Read more
