LiveIndian Oil Expects Gasoil, Petrol sales at Pre-Pandemic Levels in H1 of FY21
The country’s top refiner, Indian Oil Corp. expects demand for gasoline and petrol to reach pre-pandemic levels in the first half next fiscal year, from the beginning...
Category : BUSINESS
Nvidia Buys SoftBank’s Chip Division Arm for $40 Billion
Nvidia Corp. agreed on buying SoftBank Group Corp.’s chip division Arm Ltd. for $40 billion, which will give some control of the most widely used electronics technology...
Tata Motors to Cut Mid-Term Capex by Rs 50,000 Crore to Target Zero-Debt
Tata Motors reported that it might slash more than Rs 50,000 crore from its previously estimated capital expenditure on the Jaguar Land Rover unit and India...
Adani Ports & SEZ Raises Worth Rs 900 Crore in NCDs
Adani Ports & SEZ (APSEZ) is India’s largest integrated logistics player, comprising a total of 11 strategically located ports and terminals. On Friday, APSEZ made an...
Motherson Sumi Upsizes NCD Issue to Rs 2,130 Crore
On Friday, Motherson Sumi System has announced the successful pricing of its maiden unsecured three-year non-convertible debenture (NCD) issue. The original issue size was Rs. 1,500 crore,...
Maruti Suzuki Gains After Suzuki Motor Corp Raises Stake to 56.37 Per cent
Japanese auto major Suzuki Motor Corp. (SMC) has increased its stake in its Indian subsidiary, Maruti Suzuki to 56.37 per cent via purchasing shares from the market....
Groww in Series C Funding Round Raised $30 Million
Bengaluru-based wealth management platform, Groww on Thursday said that in its Series C funding round it had raised $30 million, led by Y Combinator’s growth stage fund,...
SBI Chairman: SBI YONO Worth Over $ 40 Billion
The digital banking platform of State Bank of India (SBI), You Only Need One (YONO) within its three years of launch, has reached its valuation of over $...
ICICI Bank Launched ‘iStartup2.0’ as a ‘One-Stop-Shop’ for Startups
ICICI Bank on Wednesday announced the launch of ‘iStartup2.0’, a programme for startups to take care of their banking and beyond-banking needs such as regulatory assistance,...
Texmaco Promoters to Infuse a Capital of Rs 200 Crore
Texmaco Rail and Engineering Limited announced that it would not raise fund through the proposed rights issue midst of economic slowdown and its promoters have decided...