RBI Rejects Muthoot Finance’s Proposal To Buy IDBI MF
The RBI has turned down the proposal of Muthoot Finance Ltd. to acquire IDBI Bank’s mutual fund business. According to a regulatory filing by IDBI Bank Ltd. on November 24, a...
Author : Amrita Chakravorty
Cars24 Raises $200 Funding, Enters Unicorn Club
Next-gen E-commerce platform for pre-owned cars, Cars24 has said that it has raised $200 million in its latest funding round at a valuation of more...
JSW Steel to Acquire 26.45% Stake in JSW Vallabh Tinplate
JSW Group’s subsidiary JSW Steel Ltd. has entered into a legal procedure of share purchase agreement for acquiring 26.45 per cent stake in JSW Vallabh Tinplate Pvt Ltd....
HDFC Bank M-Cap Crosses Rs 8 Trillion Mark
HDFC Bank has joined the elite club of Rs 8-trillion market capitalization on the BSE, as its share price hit a new high of Rs 1,464...
India Announced 100 Projects Worth $80 Mn for Afghanistan
India has inked an agreement with Afghanistan to construct Shahtoot Dam which would help in providing safe drinking water to two million residents of Kabul city, said the...
Cashfree Receives $35.3 Mn in Latest Funding Round
On Tuesday, Payments solution startup Cashfree said that it has received $35.3 million (around Rs 260 crore) as a part of its Series B funding...
Bharti Infratel Shares Surges 24% in 3 Days
Shares of Bharti Infratel Ltd. surges 24 per cent in the last three trading sessions following the merger of Bharti Infratel and Indus Towers for creating a mega tower...
Vice-President To Lead India At SCO Heads
Vice President Venkaiah Naidu is expected to lead the country at the Shanghai Cooperation Organisation (SCO) meeting that India is hosting on November 30 with a focus...
SREI Infra Shares Fell Over 15 Percent on RBI Special Audit
The share price of SREI Infrastructure Finance fell over 15 percent after the firm said that the Reserve Bank of India would be conducting a special audit...
AU Small Finance Bank Shares Rose Over 2%
AU Small Finance Bank’s share price rose over 2 per cent in the morning trade on November 24 after the company sold its stake in AAVAS Financiers.AU...