LiveHero MotoCorp Partners with Terrafirma to Enter Philippines Market
Hero MotoCorp said on Thursday, 1 August, that it has appointed Terrafirma Motors Corporation, part of the Columbian Group of Companies, as its new distributor...
Category : BUSINESS
IDBI Bank Stake Sale: Fairfax, Emirates NBD, Kotak Mahindra Bank Receive RBI Approval
Fairfax Financial Holdings, Emirates NBD, and Kotak Mahindra Bank are three potential bidders for the IDBI Bank stake. They have received the ‘fit & proper’...
PNB MetLife Launches Bharat Manufacturing Fund in ULIP Category
PNB MetLife India Insurance has launched the Bharat Manufacturing Fund as a new investment option in its ULIP category. The fund lets policyholders invest in...
IIFL Fintech Fund Acquires a 10% Stake in Vitra.Ai
Financial services conglomerate IIFL Group backed IIFL Fintech Fund on 30 July and announced that they have made their first investment in Virta.ai, which is...
Adani Energy Planning to Raise Rs 6,000 Crore Via QIP
Adani Energy Solutions is looking to raise Rs 6,000 crore via qualified Institutional Placement (QIP). In May, the Board of Directors of the company had...
BPEA Credit Commits Rs 250 Crore in DMW Group
Private lender BPEA Credit announced on 25 July that it had committed Rs 250 crore with a green shoe option to DMW Group, a manufacturer...
Mayne Pharma Files Lawsuit Against Sun Pharma Over Patent Infringement
The Australian pharmaceutical company Mayne Pharma, on Thursday, 25 July, announced that it has initiated legal action against Sun Pharma, alleging infringement of patents tied...
Reliance Industries Secures US Approval to Resume Crude Import from Venezuela
Reliance Industries Ltd on 24 July announced receiving approval from the US to resume importing oil from Venezuela despite White House sanctions on the country. ...
Zydus Lifesciences Secures USFDA Nod for Hypertension Drug
The US Food and Drug Administration has given Zydus Lifesciences Ltd final approval to sell Valsartan Tablets 40 mg, 80 mg, 160 mg, and 320...
Vedanta Pays $246 Million to Revive Operations at Copper Mine in Zambia
UK-based Vedanta Resources, the parent company of India’s Vedanta, has settled $245.75 million in dues to revive operations at Konkola Copper Mines (KCM) in Zambia...