LiveSpandana Sphoorty to Mull NCD Issue on 28 September
On September 28 (Wednesday), the NBFC meeting of the management committee of the board of directors is scheduled to consider and approve the issue and...
Category : BUSINESS
BPCL Signs MoU with Brazil’s Petrobras to Diversify Crude Oil Sourcing
On Saturday, state-owned Bharat Petroleum Corporation Ltd (BPCL) reported that it had signed a pact with Brazil’s national oil company Petrobras for sourcing crude oil...
Flipkart India Gets Rs 1,600 Crore Infusion from Singapore Entity During Festive Sale
E-commerce giant Flipkart’s Singapore entity invested nearly Rs 1,600 in its Indian arm ahead of the festival.According to Flipkart India Private Ltd’s regulatory filings accessed...
Amid Crippling High Energy Prices, Zinc Stays Range Bound at $3,100 – 3,300 per Tonnes
Zinc prices are expected to remain range-bound at a “remunerative” USD 3,100 – 3,300 per tonne following the immediate strong future demand from the auto...
Byju’s Pays Blackstone Inc $234 Million to Acquire Aakash
On Friday, media reports said India’s Byju’s had paid Blackstone Inc Rs 19 billion ($234 million) as part of its $950 million takeover of Aakash...
ICICI Prudential MF Announces Income Distribution Cum Capital Withdrawal
On 22 September 2022, ICICI Prudential Mutual Fund has a record date for declaration of Income Distribution cum Capital Withdrawal option (IDCW option) on the...
China Construction Bank to Establish $4 Billion Rental Housing Fund
China Construction Bank (CCB) plans to establish a 30-billion-yuan (USD 4 billion) fund to finance rental housing. Notably, rental housing is China’s latest state-backed effort...
Britannia Uplifts Varun Berry as Vice-Chairman, Rajneet Kohli as CEO
Recently, Britannia Industries has appointed Rajneet Kohli as the firm’s Chief Executive Officer (CEO) and Executive Director, with effect from September 26, 2022. It has...
Revlon Lenders Seeks Rehearing after Citigroup’s $500 MN Win
Some of the Revlon Inc. creditors who were being unintentionally sent $900 million plus by Citigroup Inc. requested a federal court appeal for a rehearing...
Shares of Ambuja Cements Shifts on NSE Watchlist after Adani’s Surge
Ambuja Cements is considered to be India’s second-largest cement maker. Its shares have subsequently been placed on a Short-term Watchlist; they surged more than 40...