LiveGRSE Signs MoUs With DNV And Damen For Shipbuilding
GRSE has signed separate MoUs with DNV and Damen to boost its shipbuilding, green tech and dredger construction capabilities. The state-run defence company inked both...
Category : BUSINESS
PayPal Lays Off Around 600 Employees In India
PayPal has laid off about 600 staff in India (~10% of its workforce) across Chennai, Bengaluru and Hyderabad amid global restructuring. The cuts spanned teams...
Axis Max Life CEO on Reverse Merger With Max Financial
Axis Bank plans to hike its stake in Max Life ahead of a reverse merger with Max Financial Services, according to CEO Sumit Madan. The...
Gaja Capital Gets SEBI Nod for New Fund V AIF
Gaja Alternative Asset Management has received SEBI approval to register Gaja Capital India Fund V as a Category II Alternative Investment Fund. The company disclosed...
Morbi Ceramic Industry Shifts to Propane on Price Hike
Morbi’s ceramic industry is once again facing pressure from rising energy costs, with manufacturers increasingly turning to propane after Gujarat Gas raised prices for industrial...
Capri Global Raises $300 Mn Through First Dollar Bonds
Capri Global raised $300 million through its debut US dollar bond issue, adding an international funding source to its business. The non-banking financial company issued...
RRP Defense Partners With Israel’s ESC BAZ in India
RRP Defense partnered exclusively with Israel’s ESC BAZ to bring an AI-powered surveillance system to India’s defence market. The deal, announced on September 1, gives...
Mphasis Partners With TechnoPro to Expand AI in Japan
Mphasis signed a deal with TechnoPro Holdings to deliver its AI platforms to Japanese finance and manufacturing clients. TechnoPro Holdings is Japan’s largest technology-focused engineering...
ICICI Bank Raises $17.88 Bn Under RBI’s FCNR(B) Swap Window
ICICI Bank mobilised $17.88 billion via FCNR(B) deposits under RBI’s swap facility, deploying part via overseas loans and bond sales. That works out to roughly...
Adani Green Energy Commissions 139 MW Solar Project at Khavda
Adani Green Energy shares are likely to remain in focus after the company commissioned a 139 MW solar power project at Khavda in Gujarat. The...