Reliance: KKR to make $755.1 Million Investment in Retail Arm
Information provided by the Indian conglomerate on Wednesday revealed that an investment of $755.1 Million (Rs. 5,550 crores) would be made by the US private equity firm...
Author : Amrita Chakravorty
Latest Gold Rates Drop for 3rd Day in Row, Rs 6000 Less from Previous Month Highs
Domestic rates in both gold and silver observed declines today, making the 3rd day in a row. October futures displayed through MCX declined 0.4% to...
InsuranceDekho Receives Funding of $ 20 Million from GirnarSoft
India’s leading insurance platform, InsuranceDekho said on Tuesday, that GirnarSoft has committed to invest $20 million (around Rs 147 crore) in the company. The firm...
Blue Dart Declares Price Rise Effective from 1 January 2021
On Tuesday, Blue Dart Express made a statement of the rise in price 1 January 2021 onwards. The Logistics major further included an average shipment price rising...
India Trials for Russia’s ‘Sputnik-V’ Vaccine to Start Soon: Dr Reddy’s
Dr Reddy’s Laboratories may begin clinical trials of Russia’s potential coronavirus vaccine in India in the next few weeks, said an executive at the Indian drugmaker...
Parliament Passes Bill to Bring Cooperative Banks Under RBI
The Indian Parliament has passed amendments on bill to the Banking Regulation Act as cooperative banks are covered under the supervision of Reserve Bank of India (RBI),...
Onsitego Raises Capital From IFC, Extends Series B Round to $30 Million
Onsitego has raised capital from International Finance Corporation (IFC) in an extension to its Series B investment round which closes at $30 million. In February, the first...
Govt to Give Relaxations in Bidding Process in Air India Deal
The government has started to take further steps towards divesting its stake in the state-owned airline, Air India. It has also begun to discuss proposals for...
Russia ‘Confident’ on Covid-19 Vaccine, for Sharing Legal Risks
Russia strongly trusts its COVID-19 developed vaccine and is ready to take legal liability if anything goes wrong, instead of needing buyers to bear full...
CAMS IPO Fully Subscribed on 2nd Day, Retail Quota Gets 1.7 Times Bids
Computer Age Management Services (CAMS) has fully subscribed its offerings on the 2nd Day of the bidding process. Earlier, CAMS has decided to raise a fund...