NCLT Nod Airtel, Hughes VSAT Operations Merger
The National Company Law Tribunal (NCLT) has approved the merger of VSAT, or a very small aperture terminal, satellite operations of Bharti Airtel Ltd with...
Author : Neha Verma
DLF Raises Rs 500 Cr Via NCD Issue
Realty firm DLF on Thursday said it has raised Rs 500 crore through the issue of non-convertible debentures (NCD) to investors. In a regulatory filing,...
S&P Raises India’s FY22 GDP Growth Forecast to 11% from 10%
S&P Global Ratings on Thursday raised India’s growth forecast for the financial year 2021-22 to 11 per cent from 10 per cent earlier, led by...
Fidelity Plans to Launch Bitcoin ETF
On Wednesday, Fidelity Investments unveiled plans to launch an exchange-traded fund that tracks the price of bitcoin, furthering the money manager’s push to bring cryptocurrencies...
AstraZeneca Covid-19 Vaccine Shows 76% Efficacy
After getting a red flag on its US trial from the independent data safety monitoring board (DSMB), AstraZeneca plc on Thursday announced results based on...
Wabco India Plunges 10% as Promoter Begins Stake Sale
Shares of Wabco India Ltd slipped nearly 10 per cent as the company’s two-day stake sale through an offer for sale (OFS) began today. The...
Social E-commerce Platform CityMall Raises $11 Mn
CityMall has said it has raised $11million as part of its Series A funding round, led by Accel Partners. Existing investors Elevation Capital, Jungle Ventures...
Carbonated Beverages Set to Clock 10% Growth in Mar
Carbonated beverages that form the largest chunk of the beverages market in the country are set to report decent growth in the March quarter helped...
Tencent’s Profit Jumps 175%, Helped by Online Games
On Wednesday, Chinese gaming and social media giant Tencent Holdings Ltd reported a forecast-beating 175 per cent rise in quarterly profit. The world’s largest gaming...
Netanyahu Urges Rival to Join Unity Government
After claiming a ‘giant victory’ in the parliamentary election, Israel Prime Minister Benjamin Netanyahu on Wednesday pleaded with members of rival parties to put aside...