ChrysCap to Buy 30% in Corona Remedies for Rs 670 Crore
Homegrown personal fairness fund ChrysCapital will make investments about Rs 670 crore ($90 million) to amass about 30% stake in Ahmedabad-based drug producer Corona Treatments.
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Startup Funding in Q4 FY21 Stood at $3.65 Billion
A series of large financing rounds for some of India’s best-known startups has propelled the flow of risk capital into the sector to a high
LG Becomes First Smartphone Brand to Withdraw from Market
South Korea’s LG Electronics Inc said on Monday it will wind down its loss-making mobile division a move that is set to make it the
HDFC Bank Q4 Advances Grow 14% to Rs 11,320 Bn
In a Q4 update, private lender HDFC Bank Ltd announced that the bank’s advances aggregated to approximately Rs 11,320 billion as of March 31, 2021,
Yes Bank Q4 Deposits Up 54.7% to Rs 162,947 Crore
Yes Bank had said that the bank’s Loans & Advances came at Rs 172,850 crore as of March 31, 2021, posting a 0.8 per cent
M&M to Apply for Banking License
Anish Shah, the Managing Director, and CEO of Mahindra & Mahindra (M&M) said the conglomerate could look at applying for a banking license. “We feel
Easter 2021: PM Modi Extend Greetings to People
Amid the coronavirus pandemic, this year has been the second consecutive Easter that all papal services are being attended by only about 200 people in
Bajaj Electricals Declares Lay-off at Shikohabad Unit in UP
Bajaj Electricals on Saturday said it has declared lay-off at its manufacturing unit located at Shikohabad in Uttar Pradesh. The layoff is with effect from
Google’s Waymo CEO John Krafcik Steps Down
The executive who steered the transformation of Google’s self-driving car project into a separate company worth billions of dollars is stepping down after more than
Mastercard to Infuse $ 100 Mn in Airtel Africa’s Mobile Money Business
Airtel Africa has announced that Mastercard would invest USD 100 million (about Rs 733 crore) in its wholly-owned subsidiary Airtel Mobile Commerce BV (AMC BV). Mastercard