LiveExim Bank Plans to Raise $3 Billion Through Overseas Bonds in FY23
Export-Import (Exim) Bank of India plans to raise around $3 billion in 2022-23 (FY23) via overseas bonds to support fresh lending and refinance a portion...
Category : BUSINESS
Adani Group Stocks Extend Rally on $2 Billion By UAE’s IHC
Shares of Adani Group companies traded higher by up to 8 per cent on the BSE in Monday’s intra-day trade, extending their previous week’s rally,...
Ola Board Approves Buyout of Avail Finance
Ola’s board has approved the acquisition of Avail Finance for $50 million in a share swap deal. The merger comes as Ola planned to list...
Elon Musk Announces CEO Parag Agrawal
Twitter CEO Parag Agrawal announced on Monday that Elon Musk has decided not to join the board of the microblogging site. Agrawal tweeted that Musk...
Cadila Pharma Launches First 3-Dose Vaccine Against Rabies
Cadila Pharmaceuticals announced that it had developed its first novel three-dose vaccine against rabies. The three-dose vaccine called ‘ThRabis’ is a recombinant nano-particle based G...
ITC Gains Over 4%, Hits 52-Week High
The retail favourite or meme stock ITC Ltd is finally making some noise on the D-street, with a continuous upward move in the current year....
Mercedes-Benz India Rise 26% in Sales in First Quarter
Mercedes-Benz India reported a 26 per cent jump in sales at 4,022 units in the first quarter of 2022, riding on robust demand for both...
Live Video, Audio Calling Platform Dyte Raises $11.6 Million in Seed Funding
On Friday, Live video and audio calling platform Dyte announced that they have raised $11.6 million in seed funding from Unbound, Sequoia Capital India’s Surge...
JSW Steel Combined Crude Steel Output Grows 37%
JSW Steel posted a combined crude steel production of 5.98 million tonnes (MT) for March 31, 2022. In the morning, the production was 37 per...
UAE’s IHC to Invest $2 Billion in Adani Group’s Portfolio Companies
International Holding Co has agreed to invest 7.3 billion dirhams ($2 billion) in three Indian conglomerates, Adani Group’s portfolio companies. It will provide capital to...