LiveAbu Dhabi’s ADNOC to Raise $2 Billion from IPO of Gas Unit
On Thursday, state oil gigantic Abu Dhabi National Oil Co (ADNOC) set a price range for an IPO of its gas unit, raising $2 billion...
Category : BUSINESS
Railways to Achieve 100% Electrification Mark by 2024
The Indian Railways is shuffling closer to its mission of 100% electrification. On Tuesday, the Ministry of Railways mentioned that 3,375 Route Kilometers (RKM) had...
PE Fund Chryscapital Eyes $100 Million Capital in Lenskart
According to media reports, omnichannel eyewear merchant Lenskart is discussing with private equity fund ChrysCapital to raise $100 million (Rs 828 crore). The talks on...
Sri Lanka Investment Board Approves $442 Million Adani Green Wind Power Plants
On Wednesday, the Sri Lanka Board of Investments approved two wind power plants for India’s Adani Green Energy Ltd with a total investment of $442...
Adani Paid Full $1.2 Billion to Acquire Haifa Port, Says Israeli Envoy to India
On Wednesday, Israel’s envoy to India, Nargiron, said the embattled Adani Group had paid in full to acquire the Haifa port. As Israel and India...
SBI to Launch UPI-Based Real-Time Cross-Border Remittance Service
On February 22, the State Bank of India (SBI) said it would allow real-time foreign inward and outward remittance services through the Unified Payments Interface...
Adani Ports Repays Rs 1,500 Crore to SBI Mutual Fund, Aditya Birla Sun Life
Adani Ports and SEZ have repaid Rs 1,500 crore in loans and will repay another Rs 1,000 crore in commercial paper due in March. Adani...
Indians 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...
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...