LivePharma Supply Start-Up Saveo Healthcare Raises $4.5 Million in Venture Round
On Wednesday, Saveo Healthtech, a B2B e-commerce marketplace for pharmacies, raised USD 4.5 million in a venture round co-led by Gunosy Capital, Matrix Partners, and...
Category : BUSINESS
Dabur Launches Vedic Tea, Enters Rs 5,600 Crore Premium Tea Market
Dabur India reported that it entered the Rs 5,600-crore premium tea market with the recent launch of Dabur Vedic Tea. Dabur Vedic Tea is a...
Canada-based Cineplex Approaches Cineworld Lenders over Merger with Regal Unit, Reports Says
On Wednesday, the Wall Street Journal reported that Canadian cinema chain operator Cineplex has reached out to the lenders of Cineworld to revitalise a potential...
China’s Central Bank Introduces $28 Billion Loan Facility to Support Equipment Upgrades
On Wednesday, China’s central bank said it had established a relending facility worth more than 200 billion yuan ($27.59 billion) to help manufacturers and other...
Oil & Gas Shares Edge in Red
On Wednesday, Oil and Gas stocks were trading falling with the S&P BSE Oil & Gas index at 0.59%. Among constituents of the S&P BSE...
Shriram Transport BOD to Approves Fundraising
On Wednesday, the NBFC said that it will consider raising funds by issuing redeemable non-convertible debt securities including bonds in the onshore/offshore market on private...
HPCL-Mittal Energy to Begin 100,000-tpy Bio-Ethanol plant in 2023
On Wednesday, India’s HPCL-Mittal Energy Ltd said it would start up a bio-ethanol plant at its Bathinda refinery in northern India as part of efforts...
Norway to Raise Taxes by $3 Billion on Power Firms, Fish Farms
On Wednesday, Norway’s government said that it plans to hike taxes on electricity manufacturers and fish farmers to increase an extra 33 billion crowns ($3...
World’s Largest Air-Conditioner Manufacturer Daikin Doubles Down on India
The world’s largest manufacturer of air conditioners Daikin Industries Ltd is betting that production and sales in India will make up a huge part of...
Oracle Fined $23 Mn by SEC for Bribing Officials in India, Turkey, and UAE
Oracle has been fined USD 23 million by the US Securities and Exchange Commission (SEC) for allegedly violating the Foreign Corrupt Practices Act (FCPA). The...