LiveVedanta to Invest Over $20 Billion in Chip Venture in India
Vedanta has set aside $15 billion for the electronic chip and display manufacturing sector and plans to scale up the investment to over $20 billion....
Category : BUSINESS
G R Infraprojects Stock Plunges 22% in Feb 2022
G R Infraprojects hit an all-time low of Rs 1,485.80, down 4 per cent on the BSE in Friday’s intra-day trade. The stock of construction...
Fintech Platform Raises $35 Mn to Boost Education Finance Biz
Education-focused fintech platform Propelld on Friday said it has raised $35 million in Series B funding round led by WestBridge Capital. Currently employing around 150,...
Coal India Warns Need to Cut Output Without a Price Hike
Coal India Ltd has warned production of the fuel may fall, risking new threats to the nation’s energy supply, if the company isn’t able to...
Carmakers to Ramp Up Production by 18-20% as Semiconductor Shortage Eases
Passenger vehicle makers are looking to ramp up production by an average 18-20 per cent in the March quarter compared to the December quarter as...
PhonePe, NITI Aayog Collaborates to Launch Fintech Open Hackathon
PhonePe announced that NITI Aayog in partnership with its platform will be hosting the first-ever open-to-all hackathon that aims to showcase solutions for the fintech...
Poonawalla Fincorp Looking to Exceed AUM of Rs 21,000 Crore by FY23
After seeing flat growth in assets under management (AUM) till Q3FY22, Poonawalla Fincorp (PFL) expects to increase the monthly disbursement of loans from around Rs...
Mankind Pharma Acquires Two Derma and Respiratory Brands from Dr Reddy’s
On Wednesday, Mankind Pharma said that it has agreed with Dr Reddy’s Laboratories (DRL) to acquire two of its brands – one asthma and one...
WhiteOak Capital Mutual Fund Files for its First Scheme
WhiteOak Capital Asset Management Ltd (formerly known as YES Asset Management (India) Ltd) has applied for WhiteOak Capital Global Emerging Market Fund with the market...
Asia Stock Markets Rally as Fears of Russia Invading Ukraine Ease
Asian shares rallied on Wednesday as fears of a Russian invasion of Ukraine this week dissipated after Moscow indicated it was returning some troops to...