LiveNARCL Emerges as Top Bidder for SREI with NPV of Rs 5,555 Crore
National Asset Reconstruction Company Ltd (NARCL) emerged as the top bidder in the auction of two finance firms, Srei Infrastructure Finance and Srei Equipment Finance,...
Category : BUSINESS
SBI Board To Rise 10,000 Crore From Infra Bonds in FY23
State Bank of India (SBI) plans to raise Rs 10,000 crore via infrastructure bonds in the current quarter ending March 2023. The bank said that...
HDFC Assigns Loans Worth Rs 8,892 Crore in Q3FY23
In Q3FY23, HDFC (Housing Development Finance Corporation) disbursed loans of Rs 8,892 crore compared to Rs 7,468 crore in the same period last year, an...
Apple Shares Fall to Last Stock in $2 Trillion Club
A steady decline in Apple shares has pushed the iPhone maker’s market value below $2 trillion, the latest casualty of a tech stock rout. Apple...
Yes Bank Collaborates with Falcon, Tapping Finance Market
Yes bank has amalgamated with banking service startup Falcon to tap into the entrenched finance market, the bank said. Embedded finance allows the combination of...
RCPL to Acquire 50% Stake in Beverage Maker Sosyo Hajoori
Reliance Consumer Products Ltd (RCPL), the FMCG subsidiary of Reliance Retail Ventures, announced on January 3 that it would acquire a 50% stake in Gujarat-based...
RailTel Partners with Tech Firm to Monetise Wi-Fi Project Covering 6,100+ Stations
PSU RailTel, a division of the Ministry of Railways, has partnered with a technology company to monetise its Wi-Fi project at more than 6,100 railway...
SpaceX to Raise $750 Million at $137 Billion Valuation
Elon Musk‘s SpaceX is raising $750 million in a new round of financing that values the company at $137 billion from investors including Andreessen Horowitz,...
Welspun India Prepays Loans Amount to Rs 45.8 Crore
On December 31, 2022, Welspun India prepaid term loans of Rs 45.80 crore and other instalments due in Q2FY23. The weighted average annual interest rate...
RateGain to Acquire Travel Data Exchange Platform Adara for $16 Million
RateGain Travel Technologies Ltd has entered into a definitive agreement to acquire Adara Inc, a data collection and management leader for the travel and hospitality...