Finance


Adani Group Gets Financial Support From Three Japanese Banks: Report

Banking - Published date: .

Adani Group companies are planning to execute large-scale projects across infrastructure and utility space, and need cas... Read more

Go First Locks Horns With Lessors In A Bid To Begin Bankruptcy Hearings

Banking - Published date: .

NEW DELHI (Reuters) - Indian airline Go First's effort to start insolvency proceedings has become ensnared in a tuss... Read more

Creating A Bigger Reach Very Important In MSMEs: Shriram Finance Exec VC

Banking - Published date: .

We have been talking to various interested parties, but there is no fixed plan to sell 15 per cent at any point of time,... Read more

Adani Cement Pre-pays $200 Million Holcim Debt, Seeks Loan Extension

Banking - Published date: .

Global banks had lent Adani $4.5 billion to finance the purchase of Holcim Ltd Read more

M3M India FY23 Sales Bookings Jump Over Two-fold To Rs 13,000 Cr

Banking - Published date: .

Realty firm M3M India on Monday said its sales bookings jumped more than two-fold to record Rs 13,000 crore during the l... Read more

Raj Neervannan-cofounded AlphaSense Raises $100 Million, Bullish On India

Banking - Published date: .

The investment will enable us to continue our mission of pushing the boundaries of technology & accelerating our res... Read more

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