LiveHDFC Receives $400 Million Loan for Green Finance
On December 23, Housing Development Finance Corporation (HDFC) raised funds worth $400 million through a loan from the International Finance Corporation for financing the affordable...
Category : BUSINESS
Nasal Vaccine Gets Approval for Booster Doses
Bharat Biotech’s intranasal vaccine will be used in India’s Covid-19 vaccination programme. On December 23, 2022, Union Health Minister Mansukh Mandaviya said the vaccine was...
Union Bank of India Raises Rs 663 Crore Through Bonds
On Friday, state-owned public sector lender Union Bank of India said it raised Rs 663 crore through primary bonds to fund business growth. Union Bank...
Punjab National Bank Raises Rs 582 Crore Via Bonds
Public sector lender Punjab National Bank (PNB) has raised Rs 582 crore through a private placement of bonds. The bank has issued and allotted Basel...
Hinduja Group Buys Debt-Laden Reliance Capital for Rs 9,500 Crore
On Friday, IndusInd Bank promoter Hinduja Group tried to revise its bid for debt-laden Reliance Capital to Rs 9,500 crore, with an upfront cash outlay...
Stellantis Plans to Acquire Stake in Symbio
Michelin and Stellantis-owned Faurecia have announced exclusive talks for Stellantis to acquire a substantial stake in Symbio, a pioneer in zero-emission hydrogen vehicles, alongside existing...
Reliance Industries’ Subsidiary Acquires 23% Stake in US-Based Exyn Technologies
Reliance Industries announced in a December 22 regulatory filing that its wholly-owned subsidiary, Reliance Strategic Business Ventures Limited, has acquired a 23.3% stake in US-based...
LIC Takes Over 5% Stake in Info Edge
On Thursday, insurance giant Life Insurance Corporation of India (LIC) said it had raised its stake in online firm Info Edge to more than 5%,...
Reliance Jio Acquires 100% Stake in Reliance Infratel for About Rs 3,720 Crore
Reliance Industries Limited said on December 22 that Reliance Projects and Property Management Services (RPPMSL), a subsidiary of Reliance Jio, has completed the acquisition of...
Northern Arc India Impact Fund Raises Rs 650 Crore from Belgian Investment Firm
India-based private debt fund manager Northern Arc Investments Managers (NAIM) said on December 22 that it had raised Rs 650 crore for the Belgian Investment...