LiveAirtel Pre-Pays Rs 15,519 Crore to DoT to Clear All Deferred Liabilities
On Friday, Bharti Airtel said they paid Rs 15,519 crore to the Department of Telecom towards pre-payment of the total deferred liabilities about spectrum acquired...
Category : BUSINESS
Rising Input Costs to Hit Cement Companies’ Margins by 200-230 bps: ICRA
A rise in input costs for cement manufacturers is expected to hit the sector’s overall operating margins by 200-230 basis points in FY22, rating agency...
Ola Raises $ 500 Million Term Loan
Ola said it has successfully raised $500 million via a Term Loan B (TLB) from marquee international institutional investors. This term loan has no impact...
ShareChat Raises $266 Mn for Valuation of $3.7 Bn
On Thursday, ShareChat said it had raised $266 million in fresh funding from US-based Alkeon Capital and some existing investors, pushing its valuation to $3.7...
Reddit Files For US IPO
Reddit declared that it has filed for an Initial Public Offering (IPO) with the United States Securities and Exchange Commission. Reddit is known for its...
Indiabulls Housing Shares Jumps 7% on Block Deal Buzz
Indiabulls Housing Finance Ltd’s shares had soared 7 per cent to a high of Rs 282.60 on the BSE in Thursday’s intra-day trade on reports...
ITC to Demerger Possibilities at First-Ever Investor Meet
ITC has not ruled out the possibility of listing its infotech business and is open to seeing what is right to create value for the...
Prestige Group, Awfis to Open 12 Co-Working Spaces in B’luru, Hyd, Chennai, Pune
Prestige has partnered with co-working space operator Awfis and will add 12 new flexible work centres spread across five lakh sq ft in a phase-wise...
Flipkart’s Shopsy Launches E-Grocery Business in 700 Cities
The E-commerce platform Flipkart has announced that Shopsy has started offering grocery as a category on its platform. Leveraging the Flipkart Group’s supply chain infrastructure...
UAE Suspends Weapons Deal of $23 Billion With US
The United Arab Emirates (UAE) suspended talks on a $23 billion deal to buy F-35 planes, armed drones and other equipment in a dispute between...