LiveBessemer Doubles Down on Indian Startups With New Dedicated $220 Mn Fund
US-based venture capital firm Bessemer Venture Partners, which has been investing in India since 2006, has raised a new dedicated India fund with a corpus...
Category : BUSINESS
LIC Gets RBI Nod to Raise Stake in Kotak Bank
Life Insurance Corporation of India has received approval from the RBI to raise its stake in Kotak Mahindra Bank to up to 9.99 per cent;...
Individuals With Income Above Rs 1 Cr Account of MF Industry AUM
There are 1.86 crore mutual fund investors in India, with 31 per cent of the industry’s assets under management (AUM) coming from individuals with income...
Macrotech Developers to Invest Rs 3,000 Crore
Macrotech Developers, which has projects in Mumbai and Pune regions, is looking to enter the Bengaluru market to tap huge property demand in the IT...
IPOs of Star Health and Tega to Raise Rs 7,868 Crore
Two companies Star Health and Allied Insurance Company and Tega Industries, are set to float their initial public offerings (IPOs) next week to raise Rs...
upGrad Acquires Global Study Partners
upGrad announced that said it would buy Global Study Partners (GSP), the most extensive study company in Australia, for AUD 16 million, with a commitment...
Reliance Jio Hikes Prepaid Tariffs by 20%
Reliance Jio, hiked its rates by 20 per cent, joining industry rivals Bharti Airtel and Vodafone Idea (Vi) which went for a price revision earlier...
Bharti AXA Life Posts 33% Growth in H1FY22
On Monday, Bharti AXA Life Insurance had reported a 33 per cent growth in its weighted new business premium to Rs 285 crore in the...
Paytm Revenues Jumps 64% in Q2 Result
One 97 Communications Ltd, Paytm, has said its revenue from operations grew 64 per cent YOY to Rs 1,090 crore for the quarter ended September...
DBS: Banking Services Back to Normal After 2-Days Outage
Singapore’s DBS Group said its online banking services had been fully restored after suffering disruptions for about two days in its most extensive outage since...