Finance
Arvind Fashions Raises Rs 439 Crore From Investors, Promoters
Banking - Published date: .
The investors who participated in the fundraise are Akash Bhanshali, existing shareholders including ICICI Prudential Mu... Read more
Tech Giant Microsoft Corporation Invests $5 Million In OYO
Banking - Published date: .
Tech giant Microsoft Corporation has invested nearly USD 5 million (about Rs 37 crore) in OYO through the issuance of eq... Read more
Ind-Ra Assigns Barclays India AAA With Stable Outlook
Banking - Published date: .
India Ratings and Research (Ind-Ra) has assigned long-term issuer default rating for Indian branch of Barclays Bank Plc ... Read more
True Balance Aims For Break-even By Year-end, Eyes Listing By 2024
Banking - Published date: .
True Balance is an RBI-authorised digital platform which facilitates loans through its safe, RBI licensed NBFC - True Cr... Read more
NCLT Dismisses Rolta Promoters' Plea For One-time Settlement
Banking - Published date: .
The National Company Law Tribunal (NCLT) has dismissed a petition of the promoters of IT firm Rolta India Ltd seeking on... Read more
Finance Ministry Suggests Extending Terms Of CEOs, EDs At State-owned Banks
Banking - Published date: .
Leaders of Punjab National Bank, UCO Bank and Bank of Maharashtra likely to get more time at their jobs. Read more
3one4 Capital To Fully Tie Up Commitment For Over $100 Mn Fund This Quarter
Banking - Published date: .
3one4 Capital, an early stage venture capital firm that primarily invests in tech companies -- expects to fully tie up c... Read more
ONGC's Rating Downgraded In Line With India's Sovereign Rating
Banking - Published date: .
State-run Oil and Natural Gas Corporation Ltd (ONGC) and its subsidiary ONGC Videsh have witnessed a ratings downgrade w... Read more
Airtel Payments Bank Sees Surge In Biz, Hopeful Of Break-even In FY22
Banking - Published date: .
Airtel Payments Bank has seen a surge in business volumes in FY21 as lockdown curbs spurred new accounts as well as tran... Read more
AMNS India Executes Paperless Bill Discounting Transaction With ICICI Bank
Banking - Published date: .
AMNS India on Sunday said its has executed "a paperless bill discounting transaction" in partnership with ICICI Bank. Read more
Insolvency Law Changing The Way Society Perceives Biz Failures, Says Sahoo
Banking - Published date: .
Fuelled by a huge unsatiated appetite for freedom of exit, the insolvency law is changing the way the society perceives ... Read more
Air India To Sell Real Estate Assets; May Garner Up To Rs 300 Crore
Banking - Published date: .
Disinvestment-bound Air India is looking to raise Rs 200 to 300 crore by selling commercial and residential real estate ... Read more
DIPAM, NITI Aayog Agree To Proposal Of Incorporating BEML Subsidiary
Banking - Published date: .
Covaxin Effective Against India, UK Coronavirus Strains: Bharat Biotech
Banking - Published date: .
Bharat Biotech said its Covid-19 vaccine 'Covaxin' has been found to be effective against coronavirus strains found in I... Read more
NCLT Initiates Insolvency Proceedings Against Ahluwalia Contracts
Banking - Published date: .
The National Company Law Tribunal (NCLT) has initiated insolvency proceedings against construction firm Ahluwalia Contra... Read more
Disbursed Rs 14,572 Crore To Investors Of Six Shuttered Schemes, Says FT
Banking - Published date: .
In two of the schemes, the disbursement was over 75% of AUM in April 2020, when fund houses wound up the schemes Read more
Moody's Maintains Negative Outlook On Adani Transmission
Banking - Published date: .
Moody's Investors Service on Friday affirmed an investment grade rating of Baa3 with negative outlook on senior secured ... Read more
IndusInd Bank Net Profit Jumps 194% In March Quarter On Low Provisions
Banking - Published date: .
The profit after tax grew to Rs 926 crore, from Rs 315 crore in the year-ago period Read more
Fortis Escorts Heart Institute Receives Sebi Notice In Funds Diversion Case
Banking - Published date: .
Fortis Healthcare on Friday said its subsidiary, Escorts Heart Institute, has received a notice from SEBI in the matter ... Read more
Richard Verma Appointed As Mastercard's Head Of Global Public Policy
Banking - Published date: .
Former US Ambassador to India Richard Verma has been appointed as General Counsel and Head of Global Public Policy of Ma... Read more
