LiveIndians Spend $1 Billion monthly on Foreign Travel: RBI
Indians spend nearly $1 billion monthly on foreign travel, which is knowingly more than the pre-Covid stages, discloses Reserve Bank of India (RBI) data on...
Category : BUSINESS
British International Investment to Invest Rs 1,925 Crore in Mahindra EV Arm
Indian auto giant Mahindra & Mahindra informed exchanges on February 21 that British International Investment (BII) will invest Rs 1,925 crore ($250 million) in a...
NxtWave Raises $33 Million in Funding Round Led by Greater Pacific Capital
On Tuesday, Edtech firm NxtWave said it had raised $33 million (roughly Rs 272 crore) in its latest funding round led by private equity firm...
Kalpataru and Its International Subsidiaries Bags Order of Rs 3,185 Crore
On Monday, Kalpataru Power Transmission said it had secured orders worth Rs 3,185 crore through various business divisions in the national and international bazaar. Kalpataru...
Adani Total Gas Hit Hard in $132 Billion Plunge
Adani Group shares have lost more than $132 billion in market value since the bombshell Hindenburg Research report, but none have been hit as hard...
A.P. Moller Capital Plans $750 Million Infrastructure Deals in South, Southeast Asia
A.P. Moller Capital, the asset management arm of Danish transport and logistics giant A.P. Moller Group, said it aims to invest more than $750 million...
Ola Signs MOU With TN Govt to Invest Rs 7,614 Crore in EVs and EV Batteries
SoftBank Group-backed Indian electric vehicle (EV) maker Ola Electric on Saturday announced that it had signed a memorandum of understanding (MoU) with the Tamil Nadu...
Rolls-Royce Unit Signs Agreement with Bharat Forge Subsidiary for Naval Marine Propulsors
On Saturday, Rolls-Royce Marine North America said it had signed a preliminary agreement with Pune-based Bharat Forge subsidiary Kalyani Strategic Service Ltd (KSSL) for naval...
CRISIL Unit Acquires Australian Research and Consulting Firm Peter Lee for A$6.15 Million
Global analytics firm CRISIL, mainly owned by S&P Global, will expand its offerings into Australia and New Zealand through the A$6.15 million acquisition of Peter...
Draft Norms on Lending of Government Securities Released
According to a press release on Friday, the Reserve Bank of India (RBI) has released draft guidelines on government securities lending. In its latest monetary...