LiveRupee Ends 2021, Settles 13 Paise Higher Against US Dollar
The rupee surged 13 paise to close at 74.29 against the US dollar on the last trading session of 2021, tracking positive domestic equities amid...
Category : BUSINESS
Tech Mahindra Invests $125 Million in Allyis India and Green Investments
Tech Mahindra announced that they had purchased a 100 per cent stake in Allyis India and Green Investments for $125 million in an all-cash deal....
CCI Approves Acquisition in Jindal Power by Worldone
The Competition Commission of India (CCI) announced that it has permitted the acquisition of 96.42 per cent equity shareholding in Jindal Power Ltd by Worldone...
RIL Plans Acquire UK’s Battery Tech Provider Faradion for £100 Mn
On Friday, Reliance Industries Limited (RIL) has announced its solar unit, Reliance New Energy Solar Limited (RNESL), will buy sodium-ion battery technology provider Faradion Ltd...
Gold Prices Fall Rs 9000 From All-Time Highs
In the global market, Gold prices are set to record their worst performance in six years as rates today dipped below the crucial support level...
IndiGo Gets Nod to Lift Curbs On Promoter Share Transfer
InterGlobe Aviation Ltd (IGA) shares voted to remove curbs on promoter share transfer on 30 December, signalling the end of a protracted feud at India’s...
Gaming Startup EsportsXO Raises $1.1 Million in Seed Round
Mumbai Angels Network, a platform for early-stage investments, has participated in a $1.1 million seed round for EsportsXO, a SaaS-based tournament platform designed for gaming...
Kalpataru Power Transmission Bags New Orders Worth Rs 1,560 Cr
Today, Kalpataru Power Transmission Ltd said it had bagged new orders worth Rs 1,560 Crore. “Kalpataru Power Transmission Limited (KPTL), a leading global EPC player...
Ola, Uber Score Zero in Fairwork’s Gig Worker Platform Rankings for 2021
Ola and Uber scored zero out of 10 points in Fairwork India’s annual ratings of gig worker platforms in 2021. Truck booking start-up Porter, which...
Amara Raja to Invest in Europe-based EV Battery Maker InoBat Auto
On Wednesday, Amara Raja Batteries said it plans to invest in InoBat Auto, a European technology developer and manufacturer of premium innovative batteries for e-mobility....