LiveZomato Gets $52 Million Top-Up from Kora Investments
Zomato, which is in talks to raise almost $600 million, as part of its ongoing funding round, has added $52 million (almost Rs 380 crores)...
Category : BUSINESS
Equitas Small Finance Bank IPO to Open Next Week
The IPO of Equitas Small Finance Bank (ESFB) will open next week. The lender has fixed a price band of Rs 32-33 per share. The IPO opens...
Oaktree-Backed Array Technologies Raises $1.05 billion via IPO
Array Technologies Inc. and its largest shareholder has raised $1.05 billion after increasing the size of the issue offered by the company and pricing it...
DGCA Will Assess 737 Max to Certify its Airworthiness
The Directorate General of Civil Aviation (DGCA) will conduct its due diligence before allowing the grounded Boeing 737 Max planes to return to Indian skies, a DGCA...
Lakshmi Vilas Bank Board Approved to Raise up to Rs 500 Cr via Rights Issue
Today, the board of Lakshmi Vilas Bank (LVB) has approved the proposal of raising funds up to Rs 500 crore through issuance of shares on the rights...
GoAir Engine Shutdown Causing Trouble for P&W
In September, Wadia Group’s airline GoAir faced a mid-flight shutdown of one of its Pratt & Whitney (P&W) engines, which forced pilots to land the Airbus A320neo...
Hyundai Motor Appoints Euisun Chung as Group Chairman
On Wednesday, Hyundai Motor Group appointed Euisun Chung as the group’s chairman, cementing his succession to the leadership of the world’s third-largest vehicle manufacturer in terms of...
SoftBank’s Vision Fund Plans to Unveil Blank Check Company
SoftBank Group Corp.’s Vision Fund will outline plans for a blank-check company in the next two weeks, seeking to capitalize on the investor frenzy surrounding...
Paytm Launched Same-Day Bank Settlement Facility for Businesses
Today Paytm launches the same-day settlement facility which will help businesses to transfer all kinds of funds on its payment gateway. The same-day settlement facility would help...
Hero Future Energies to Sell Power Purchase Agreement
The Munjal family-promoted, Hero Future Energies has planned for selling its 900 MW (megawatt) of Power Purchase Agreements (PPAs).The green energy producer has started talks with investors...