LiveIndiaMART Soars After Q3 PAT Jumps 61% YoY
IndiaMART InterMESH hit a high at 3.98% to Rs 4654.75 after the consolidated net profit of the company jumped 61% to Rs 113 crore on...
Category : BUSINESS
JSW Energy Arm Secures Two Battery Energy Storage System Projects from SECI
On Thursday, JSW Energy said that its subsidiary JSW Renew Energy Five has acquired two battery energy storage system projects totalling 500 MW/1,000 MW from...
PhonePe Raises $350 Million From General Atlantic at $12 Billion valuation
Walmart-owned fintech PhonePe raised $350 million in funding from General Atlantic at a pre-money valuation of $12 billion. The investment marks the first of a...
SBI Raises Rs 9,700 Crore Through Infra Bonds
State Bank of India (SBI) raised Rs 9,700 crore in its second infrastructure bond issue on Wednesday. The bond has a coupon rate of 7.7%...
Vedanta to Acquire Meenakshi Energy for Rs 1,440 Crore
Vedanta said in a January 18 exchange filing that it would acquire debt-laden Meenakshi Energy for Rs 1,440 crore after becoming the winning bidder. Vedanta...
Sundram Fasteners Gains on Bagging $250 Million Contract
After the company announced it secured a $250 million contract from a leading global automobile manufacturer for supplying sub-assemblies for its electric vehicle (EV) platform,...
360 ONE Acquires Controlling Stake in Mumbai Angels, Announces 2 New Funds
Wealth management firm 360 ONE has acquired a controlling stake in Mumbai Angels, an angel investment platform focused on early-stage startups. With the acquisition, the...
Mad Street Den Raises $30 Million Led by Avatar Growth Capital
Artificial intelligence (AI)-based software company Mad Street Den has raised $30 million in Series C funding round led by Avatar Growth Capital, with participation from...
ITC to Acquire 100% Stake in Health Food Brand Yoga Bar
On Tuesday, cigarette-to-hotel conglomerate ITC announced plans to acquire 100% of SproutLife Foods (SFPL), a direct-to-consumer (D2C) startup and the parent company of health food...
JSW Ispat Q3 Net Loss Widens to Rs 97 Crore
On a consolidated basis, the net loss of JSW Ispat Special Products reported Rs 96.87 crore in the October-December quarter of FY23 as against a...