LiveYes Bank Acquires 9.9% Stake in JC Flowers ARC
Yes Bank has signed a share purchase agreement (SPA) with JC Flowers Asset Restructuring Company (ARC) for a 9.9% stake in ARC at Rs 11.43...
Category : BUSINESS
Oil Declines to 11-Month Low as China COVID Unrest Rattles Markets
On Monday, oil prices dropped sharply to a nearly 11-month low as escalating protests in several major Chinese cities ramped up concerns over growing economic...
C4D Partners Receive Sebi’s Approval to Launch Fund to Invest in Indian Startups
On Monday, Netherlands-based C4D Partners said it had received approval from market regulator Sebi to launch its $50 million (Rs 408 crore) fund to invest...
Max Financial Services Receives Irdai’s Approval to Acquire Remaining Stake in Max Life
Max Financial Services, the promoter of the insurer Max Life Insurance, has received approval from the insurance regulator (Irdai) to buy the remaining 5.17% stake...
HFCL Wins Rs 1,770 Crore EPC Project For UP’s Rural Water Supply Network
HFCL has secured contracts totalling Rs 1,770 crore from SWSM for EPC services, including laying fibre optic cables to implement a rural water supply network...
Biden Administration Bans Huawei, ZTE Equipment Sales
The US has banned approvals of new telecommunications equipment from China’s ZTE and Huawei Technologies as these companies pose unacceptable risks to US national security....
Ashok Hotel Valued at Rs 7,409 Crore
India Tourism Development Corporation (ITDC) ‘s shares were stuck in the 20 per cent upper circuit at Rs 404.60. Under the national monetisation programme (NMP),...
RBI Asks Paytm to Reapply for Payment Aggregator License in 120 Days
On November 26, Paytm informed exchanges that the Reserve Bank of India (RBI) had asked to Paytm Payment Services (PPSL) to reapply for the payment...
BNP Paribas Arbitrage Firm Buys Rs 42 Crore Worth of Venus Pipes Shares
On Friday, BNP Paribas Arbitrage bought 6.5 lakh shares of Venus Pipes & Tubes for Rs 42 crore in an open-market deal. According to block...
Germany’s Q3 GDP Growth Revised Higher
Germany’s economy expanded by slightly more than initially thought in Q3, as per Federal Statistics Office Destatis’ revised data published on Friday. The data said...