Power Finance Corporation Ltd raised Rs 3,000 crore through bonds maturing in 47 months at a coupon rate of 7.13 per cent, market participants have said. Mumbai, Aug 22, 2022: Power Finance Corporation Ltd raised Rs 3,000 crore through bonds maturing in 47 months at...
As the government probes multiple fires in electric two-wheelers, only 1 per cent household consumers plan to buy an e-scooter in the next six months amid safety and performance concerns, a new report showed on Monday. New Delhi, Aug 22, 2022: As the government...
Riding on its Watch Series 7 sales, Apple registered a whopping 197 per cent (year-on-year) growth in the smartwatch market in India in the June quarter (Q2). New Delhi, Aug 20, 2022: Riding on its Watch Series 7 sales, Apple registered a whopping 197 per cent...
Female participation in jobs has increased during the last few months. Gender-wise analysis of the latest EPFO data indicated that enrollment of net female members has increased to 4.06 lakh in the current month from 3.43 lakh during last month, registering an...
Gautam Adani-led Adani Power Ltd has agreed to buy the thermal power assets of DB Power Limited (DBPL) for nearly Rs Rs 7,017 crore enterprise valuation, the company announced on Friday. New Delhi, Aug 20, 2022: Gautam Adani-led Adani Power Ltd has agreed to buy the...
Prateek Pant, Chief Business Office, WhiteOak Capital AMC, said that at WhiteOak Capital, "our strong belief is that money is made in stock selection rather than betting on sectors or themes", while the latter is merely a source of macro risk that ought to be properly...
Fundamentum Partnership, a homegrown VC fund co-founded by Infosys' Nandan Nilekani and seasoned entrepreneur Sanjeev Aggarwal, on Friday said it has raised $227 million to launch its second fund to nurture early-growth stage Indian startups. New Delhi, Aug 19, 2022:...
Fintech startup Uni on Friday said it has suspended card services on its products in line with the recent notification by the Reserve Bank of India (RBI) around digital lending. New Delhi, Aug 19, 2022: Fintech startup Uni on Friday said it has suspended card services...
India Inc saw steepest decline in deal values owing to the lack of big-ticket investments last month, registering 171 mergers and acquisitions (M&A) and private equity (PE) deals valued at $2 billion, a new report has shown. New Delhi, Aug 19,2022: India Inc saw...
As edtech startups and unicorns lay off employees amid the funding winter, Gurugram-based higher education platform Sunstone on Friday said it has raised $35 million (around Rs 280 crore) in a Series C funding led by WestBridge Capital. New Delhi, Aug 19, 2022: As...