In an ambitious effort to provide “Housing for all” by 2022, the Indian Government under the leadership and auspices of Hon. Prime Minister, Narendra Modi, launched the Pradhan Mantri Awas Yojana scheme on 1 June, 2015. Under the scheme, millions of urban poor are eligible for residences all over India. […]
Swiggy food delivery platform says it has raised $ 1.25 billion, in a round of led by Softbank Vision Fund 2 and the prosus, because he wants to double the core business, acquire and invest aggressively in the promising instant wholesale shipping business, Supr Grocery Daily Delivery Service Every day […]
There was no pause for the Indian equity market on July 20, with a strong familiar wave cross-sector attractive sensex and nifty flagship indexes lower by percent. The market opened lower, expanded the previous session losses, amid weak global cues. Sensex and Nifty both fell around percent in morning trade, […]
Tracking weak global cues, Indian Sensex equity market benchmarks and Nifty50 fell more than one percent on July 19. Pack 30-Share Sensex fell 734 points while Nifty fell to 15,707.50 in intraday trading because investors were full of increased inflation and the unrelenting global spread of Coronavirus. At the closing, […]
New Delhi: Ola Electric is off to a flying start after opening the bookings for its much-awaited electric scooter. The automaking arm of Ola has thus far received quite one lakh bookings for its yet-to-be-launched electric scooter. Besides Ola Electric, several other brands are selling their electric bikes while a couple of others are getting to launch their […]
Rossari Biotech Ltd, a speciality chemicals manufacturer, on Sunday announced the acquisition of Tristar Intermediates at an enterprise value of Rs 120 crore. The board of the corporate has approved the acquisition of Tristar Intermediates, a move which can help Rossari Biotech expand its product portfolio, primarily within the care segment, a joint statement said. As per […]
The OYO hospitality company on Friday said that it has raised the TLB fund of USD 660 million (almost Rs 4,920 Crore) from global institutional investors and capital will be used to explore debt and other business investments. This offer is a subscription to 1.7 times and the company receives […]
Early Public Offering Zomato Ltd. $ 1.3 billion was fully responded to the first day, the vote for the market where a group of homegrown startup was preparing to go public. Zomato, the online food delivery platform, got an offer for around 749 million shares against 719.2 million shares offered. […]
Reserve Bank of India (RBI) on July 14 said he had taken monitoring actions to MasterCard quoting non-compliance. Apart from a fairly large time interval and adequate opportunities given, the entity has been found not in accordance with the instructions on the storage of payment system data, said RBI. As […]
Reliance Industries (RIL) has included Reliance New Energy Solar, a subsidiary for activities related to solar energy, according to the submission of the Stock Exchange. RIL has invested in the amount of RS 60,000 Crore against the new energy business for the next three years. Chairman of Ril Mukesh Ambani […]
