LiveAdani Group Wins With 88% Surge in Market Capitalisation
The Tatas, the Mukesh Ambani-led conglomerate, and Adani Group are the big three business groups in terms of market capitalisation, accounting together for 34.2 per...
Category : BUSINESS
Future Retail Group Entities Default on Payments
On 31 March, the default in payment was due in some of the entities of the Kishore Biyani-controlled Future Retail group. In a related development,...
Centre Plans Borrow 59% of FY23
The central government plans to borrow Rs 8.45 trillion from the bond markets in the first half (April-September) of FY2022-23 to fund the revenue gap...
KKR Affiliate Sells 10% Stake in Max Healthcare
On Thursday, KKR’s affiliate firm Kayak Investment has sold a 10 per cent stake in Max Healthcare Institute for nearly Rs 3,300 crore. It sold...
Wiz Freight Raises Rs 275 Cr in Series A Round From Axilor Ventures
Wiz Freight, a cross-border supply chain start-up, has raised Rs 275 crore in a mix of equity and debt led by Tiger Global and participation...
ADB and HSBC India Establish $100 Million Guarantee Plan for Microcredit
The Asian Development Bank (ADB) and HSBC India have signed an agreement to establish a $100 million partial guarantee program to support more than 0.4...
Bain Capital Buys 24.98% Stake in IIFL Wealth
Bain Capital will acquire a 24.98 per cent equity stake in IIFL Wealth Management from General Atlantic Singapore and FIH Mauritius, owned by Indian-Canadian billionaire...
Union Minister Meets US Deputy NSA Daleep Singh
On Wednesday, Union Minister Piyush Goyal met US deputy national security advisor (NSA) for international economics Daleep Singh and discussed steps to deepen India-US economic...
DVC, NTPC Launches JV For Renewable Power Projects
Damodar Valley Corporation (DVC) said it signed a joint venture (JV) agreement with NTPC Renewable Energy Ltd for renewable power projects in its authority area....
Centre Launches Auction of 122 Coal Mines
On Wednesday, the Union Ministry of Coal put 122 coal mines on the block under a commercial auction of coal mines. Out of the 122...