SEBI Bans Future CEO Kishore Biyani in Insider Trading Case
Sebi has banned Future Group founder Kishore Biyani, his brother Anil Biyani and Future Corporate Resources Ltd (FCRL) from accessing the securities market for one year for...
Author : Nilesh
V-Mart Retail Raises Rs 375 Cr from QIBs
V-Mart Retail on Wednesday said it has raised Rs 374.99 crore by issuing shares to a set of investors through qualified institutional buyers (QIBs).“The board of...
India To Approve Sputnik V Vaccine For Use Soon
India is expected to grant emergency use authorization for Russia’s Sputnik V COVID-19 vaccine this month or next, the Russian Direct Investment Fund (RDIF), which markets the...
Modi Congratulates PM Rajapaksa on Sri Lanka’s 73rd Independence Day
Prime Minister Narendra Modi congratulated his Sri Lankan counterpart Mahinda Rajapaksa on the occasion of the 73rd Anniversary of the Independence Day of Sri Lanka which...
B2B Firm Zetwerk Raises Rs 880 Crores to Scale Global Ops
Business-to-business (B2B) manufacturing platform Zetwerk has raised $120 million ( ₹880 crores) in a Series D round led by US-based Greenoaks Capital and Lightspeed Venture...
Alibaba Plans $5 Bn US-Dollar Bond Issuance
Chinese e-commerce giant Alibaba Group Holding Ltd plans to raise up to $5 billion through the sale of a U.S. dollar-denominated bond, according to a marketing term...
Apple to Invest $3.6 Billion in Kia to Make EVs
Kia Motors Corp. jumped as much as 14.5% after a local media report that Apple Inc. will invest 4 trillion won ($3.6 billion) as part of a...
Banking Sector NPAs Drop to Rs 8.08 Lakh Crore in Sept 2020
Non-performing assets (NPAs) or bad loans of the banking sector came down from a high of Rs 10.36 trillion at the end of March 2018 to...
HDFC Q3 Profit Declines 65.1% to Rs 2,926 Crore
Housing Development Finance Corporation (HDFC) on February 2 reported a standalone profit of Rs 2,925.8 crore for the quarter ended December 2020, declining 65.1 percent compared...
Triveni Turbine Posts Net Profit of Rs 27.54 Crore in Q3 Results
Triveni Turbine on Monday posted a consolidated net profit of Rs 27.54 crore for the quarter ended on December 31, 2020, against Rs 27.07 crore in...