LiveITC to Acquire 100% Stake in Health Food Brand Yoga Bar
On Tuesday, cigarette-to-hotel conglomerate ITC announced plans to acquire 100% of SproutLife Foods (SFPL), a direct-to-consumer (D2C) startup and the parent company of health food...
Category : BUSINESS
JSW Ispat Q3 Net Loss Widens to Rs 97 Crore
On a consolidated basis, the net loss of JSW Ispat Special Products reported Rs 96.87 crore in the October-December quarter of FY23 as against a...
VC Firm Z3Partners Closes Rs 550 Crore Fund to Invest in Early Growth Startups
Z3Partners, a leading Indian technology and digital investment firm, said on Tuesday it had closed Rs 550 crore for its latest fund, which will invest...
Federal Bank Third-Quarter Profit Up 54%
Shares of Federal Bank will continue to be in the spotlight on January 17, the day after the company reports earnings for the December quarter....
Irdai Sees Buying Green Bonds as Infrastructure Investment
Insurance regulator Irdai said insurers were encouraged to invest in sovereign green bonds, which would be considered “infrastructure investments”. To de-concentrate and diversify insurers’ infrastructure...
Sidbi Partners With VFS to Extend MSME Loans Up to Rs 5 Lakh at 13% Pa
The Small Industries Development Bank of India (SIDBI) has entered a partnership with VFS Capital to provide loans to the MSME sector, the Kolkata-based microfinance...
Paytm Bank Gets RBI Approval to Operate as Bharat Bill Payment Operating Unit
On Monday, Paytm Payments Bank said it had received final approval from the Reserve Bank of India (RBI) to operate as the Bharat Bill Payment...
DMart Drops After Muted Q3 Outcome
After the company, the net profit of Avenue Supermarts (DMart) resulted in a 6.72% rise to Rs 589.68 crore on a 25.51% increase in revenue...
Allcargo Logistics Acquires 75% Stake in European Rival Fair Trade for €12 Million
Allcargo Logistics, the largest conglomerate in the private sector, has bought a 75% stake in European rival Fair Trade for €12 million, valuing the German...
Wakefit Raises Rs 320 Crore in Series D Funding
Direct-to-consumer brand Wakefit has raised Rs 320 crore in a Series D round led by Bahrain-based alternative investment firm Investcorp. Other existing investors Sequoia Capital...