LiveViacom18 Closes Rs 15,145 Crore Deal with Bodhi Tree Systems
A year after announcing a strategic partnership with Bodhi Tree Systems, a platform promoted by James Murdoch’s Lupa Systems and Uday Shankar, Viacom18, a 51:49...
Category : BUSINESS
FirstCry Plans Sovereign Funds Offer at $3 Billion Valuation
Omnichannel retailer FirstCry plans a set of sovereign funds to ease some of its shareholders to sell a stake in the company costing $3 billion,...
Twitter to Allow Users to Trade Crypto, Merged with Musk’s New Super App “X”
Twitter Inc. has merged into a new entity called X Corp and “no longer exists”, according to a court filing by law firm Willkie Farr...
NTPC Abandons Plan to Sell Green Energy Stake to Petronas
State-run NTPC has dropped plans to make Malaysian energy giant Petronas a strategic investor in its green energy unit ahead of its IPO. NTPC Green...
Vedanta Board Approves Rs 2,100 Crore Fundraising for NCDs
Mining major Vedanta Ltd, a London-based Vedanta Resources (VRL) unit, has approved a private placement of non-convertible debentures (NCDs) to raise up to Rs 2,100...
NFRA Bans Coffee Day Global Auditors for 2 Years
The National Financial Reporting Authority (NFRA) has banned Coffee Day Global (CDGL) auditor ASRMP & Co for two years after finding it guilty of audit...
Adani-Hindenburg Row: Further Action on Adani After SC Decision, Sebi Report
Government Agencies and the Ministry of Corporate Affairs (MCA) will await the outcome of Sebi’s investigation into allegations related to the Adani group before deciding...
Nelco Withdraws Satellite Communications Permit Application, Plans to Apply for License Under New Space Policy
A senior company official said that Tata Group satellite services firm Nelco had withdrawn its application to provide personal satellite communications services to consumers in...
PhonePe Raises Another $100 Million from General Atlantic, Others
Digital payments and financial services startup PhonePe have raised another $100 million from General Atlantic and its co-investors at a pre-money valuation of $12 billion...
HDFC Bank Signs Agreement with Export-Import Bank of Korea for $300 Million Credit Line
On Wednesday, HDFC Bank announced that it had signed a “Master Interbank Credit Agreement” with the Export-Import Bank of Korea for a $300 million credit...