HDFC Ltd to Sell 10% Equity in HDFC Capital to Abu Dhabi Investment Authority
HDFC Ltd has entered into binding agreements to sell 10 per cent of the share capital of HDFC Capital Advisors Ltd (HDFC Capital) to a...
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Investors Put In $135 Million, CoinDCX’s Valuation Tops $2 Billion
CoinDCX has raised $135.9 million (approximately Rs 1,000 crore) from investors led by Pantera Capital and Steadview Capital, doubling its valuation in eight months. The...
Talent Recruitment Platform Eduvacancy Raises $200K From Angel Investors
Eduvacancy, a startup that matches teaching and non-teaching staff with educational institutions, has raised $200,000 in angel funding from a group of high-net-worth individuals (HNIs)....
Govt Approves 61 Companies for Textile PLI Scheme, Targets Rs 19,077 Crore Investment
The government on Thursday approved financial aid to 61 companies, including seven foreign companies, for its Textile Production Linked Incentive (PLI) scheme. The companies plan...
WhatsApp Plans to Make Big Investments in Payments in India
WhatsApp announced on Thursday that it plans to raise its Unified Payments Interface (UPI) user base to 100 million, as it has plans to make...
Bihar Receives Rs 817 Crore Investment Proposal for Data Centres
Bihar has received an investment proposal of Rs 817 crore for setting up data centres across the state.Data management firm VueNow, which is planning the...
UAE’s IHC to Invest $2 Billion in Adani Group’s Portfolio Companies
International Holding Co has agreed to invest 7.3 billion dirhams ($2 billion) in three Indian conglomerates, Adani Group’s portfolio companies. It will provide capital to...
Hindustan Coca-Cola Beverages to Invest Rs 600 Crore
Coco-Cola India’s bottling arm, Hindustan Coca-Cola Beverages (HCCB), has plans to set up a second factory in Telangana. The factory will be state-of-the-art, digitally enabled,...
Axis Securities Launches AI & ML-Driven Investment Tool
Axis Securities has announced the launch of Axis Intellect (AI), research-based investment baskets powered by their in-house proprietary model. Axis Intellect (AI) shortlists stocks by...
Mitsui to Invest in ReNew Power’s Renewable Energy Project
ReNew Power and Japan’s Mitsui have signed an agreement in which Mitsui has agreed to invest in ReNew Power’s renewable energy project. The project will...