LiveGovt Scraps Windfall Tax on Crude Production, Slashes Diesel Cuts
According to a government notice, the government has cut the windfall tax on crude oil production to zero from Rs 3,500 ($42.56) a tonne starting...
Category : BUSINESS
CometChat Raises Rs 40 Crore in Venture Debt
Enterprise messaging platform CometChat has raised Rs 40 crore in a venture debt funding round led by Utah-based Zions Venture Fund. The company said the...
TCS Secures Deal from Norwegian Bane NOR
On Monday, IT giant Tata Consultancy Services said it had struck a deal with Norwegian government agency Bane NOR to give employees, partners, and train...
DMI Finance Raises $400 Million from Japan’s MUFG Bank
Non-banking finance company (NBFC) DMI Finance said on Monday it had raised $400 million in an equity funding round led by Japan’s MUFG Financial Group....
Reliance, Tatas, 9 Others Receive Rs 14,000 Crore Solar PLI Approval
Leading energy industry players such as Reliance, Tata Power Solar, and JSW Energy have secured grants in different categories totalling Rs 13,937 crore under the...
Zee Enters into One-Time Agreement with Standard Chartered for Credit Facility Availed by Citi Networks
Zee Entertainment Enterprises Ltd (ZEEL) has entered into a one-off settlement agreement with Standard Chartered Bank over a loan taken by Essel Group’s Siti Networks....
ArcelorMittal-Nippon Steel India JV Parent Company signs $5 billion loan deal with Japanese banks
ArcelorMittal SA and its Indian steelmaking joint venture partner, Nippon Steel Corp, have secured a $5 billion loan deal from a consortium of Japanese lenders....
Dream11 Parent Launches UPI Payments App DreamX Just Before IPL23 Kicks Off
Dream Sports, the parent company of India’s largest fantasy sports platform, Dream11, launched a mobile payments app called DreamX on March 30, 2023, just a...
Axis Bank and Shriram Housing Finance Announce Partnership for Co-lending
Axis Bank and Shriram Housing Finance Limited (SHFL) have joined hands under the co-lending model to provide secured loans to middle and low-income segment borrowers...
Ford Signs $4.5 Billion Nickel Plant Deal with Vale Indonesia, Huayou
Ford has partnered with PT Vale Indonesia and Zhejiang Huayou Cobalt in a $4.5 billion nickel processing plant in Indonesia. This investment marks Ford’s first...