BUSINESS Archives

SBM Bank India, Mastercard to Facilitate Cross Border Transactions, Remittances

Amrita ChakravortyJuly 6, 2020July 6, 2020

July 6, 2020July 6, 2020

Government of Mauritius had promoted SBM Bank India and global payments technology major have joined hands to facilitate cross-border payments and remittances services, a statement said...

BUSINESS

Blue Ashva Capital Raises $60 Mn for Maiden Fund

Amrita ChakravortyJuly 6, 2020July 6, 2020

July 6, 2020July 6, 2020

Blue Ashva Capital, an investment firm focused on SMEs and startups, said it has raised Rs 454 crore (approximately $60 million) for the initial close of its...

BUSINESS

Kalpataru in Deal to Sell Power Transmission Asset

Amrita ChakravortyJuly 6, 2020July 6, 2020

July 6, 2020July 6, 2020

Kalpataru Power Transmission Limited (KPTL) has signed a definitive agreement to sell Alipurduar Transmission Limited (ATL) to Adani Transmission Limited for a total enterprise value...

BUSINESS

Cognizant Laid Off Thousands of Employees on Bench: IT Employee Unions

Amrita ChakravortyJuly 4, 2020July 4, 2020

July 4, 2020July 4, 2020

Cognizant Technology Solutions Corp. has laid off thousands of employees on bench, who were not actively involved in any client projects. In IT services companies, employees...

BUSINESS

Equitas Small Finance Bank Launches Video KYC Account

Amrita ChakravortyJuly 4, 2020July 4, 2020

July 4, 2020July 4, 2020

Equitas Small Finance Bank Limited has launched a facility of opening account through video KYC . With this, any person anywhere in the country can...

BUSINESS

Flinto Raises $7.2 Mn to Provide Preschool Doorstep Education

Amrita ChakravortyJuly 2, 2020July 2, 2020

July 2, 2020July 2, 2020

Chennai-based Flinto Learning Solutions that focuses on early childhood education in India has raised $7.2 million in a pre-series B funding, led by Lightbox Ventures....

BUSINESS

Royal Enfield Records 35% Decline in June Sales

Amrita ChakravortyJuly 2, 2020July 2, 2020

July 2, 2020July 2, 2020

Niche bike maker Royal Enfield has reported a 35 per cent decline in total sales at 38,065 units in June. The company had registered total sales of...

BUSINESS

SEBI Imposes Penalty on Divi’s Labs Insiders

Amrita ChakravortyJuly 2, 2020July 2, 2020

July 2, 2020July 2, 2020

The Securities and Exchange Board of India (SEBI) has imposed over Rs96 lakh penalty on Divi’s Laboratories’ Chief Financial officer (CFO) L Kishore Babu and his close...

BUSINESS

J&J Ramps Up Production of Affordable Covid-19 Vaccine

Amrita ChakravortyJune 30, 2020June 30, 2020

June 30, 2020June 30, 2020

Johnson & Johnson is preparing the ground for the entry of a vaccine against COVID-19 and is expanding its manufacturing capacity to supply more than one...

BUSINESS

Swiggy Introduces Digital Wallet in Partnership With ICICI Bank

Amrita ChakravortyJune 30, 2020June 30, 2020

June 30, 2020June 30, 2020

Food aggregator unicorn Swiggy has launched its own digital wallet Swiggy Money in partnership with ICICI Bank to enable a ‘single-click checkout experience’ on its platform. The full-fledged...

EquityPandit

Category : BUSINESS

SBM Bank India, Mastercard to Facilitate Cross Border Transactions, Remittances

Blue Ashva Capital Raises $60 Mn for Maiden Fund

Kalpataru in Deal to Sell Power Transmission Asset

Cognizant Laid Off Thousands of Employees on Bench: IT Employee Unions

Equitas Small Finance Bank Launches Video KYC Account

Royal Enfield Records 35% Decline in June Sales

SEBI Imposes Penalty on Divi’s Labs Insiders

J&J Ramps Up Production of Affordable Covid-19 Vaccine

Swiggy Introduces Digital Wallet in Partnership With ICICI Bank

EquityPandit