Sebi on February 11 February Reliance Home Finance Ltd., Industrialist Anil Ambani and three other people from the Sekuritas Market for allegedly sucking funds from the company. Three other individuals are Amit Bapna, Ravindra Sudhakar and Pinkesh R Shah. In the interim order of 100 pages, regulators also hold individuals […]
Tag: Business
India to add 16 GW of renewable energy capacity in FY23: ICRA
India is likely to add an estimated 16 GW of renewable energy over FY23, standing agency ICRA said on January 10, adding that the country has a strong channel of 55 GW clean energy systems, PTI reported. In a statement ICRA noted that the outlook for capacity addition “ remains […]
FM Nirmala Sitharaman review progress on planning Mega LIC IPO
Minister of Finance Nirmala Sitharaman on Friday review the progress of planned investment from the largest insurance company in the country. The initial public offering (IPO) of the Life Insurance Corporation (LIC), is said to be the largest in the history of the country, is expected to regard the market […]
Aditya Birla Fashion & Retail to take over Reebok’s operations in India
Aditya Birla Fashion and Retail (ABFRL) has signed a long-time period licensing settlement with Authentic Brands Group (ABG) to distribute and promote Reebok merchandise in India and different ASEAN (Southeast Asian) countries. The deal marks ABFRL’s foray into the sports activities and activewear phase, one of the quickest developing style […]
P2P lending firm LenDenClub raises $10 million from Kunal Shah, Hardik Pandya & others
LENCLUB, a loan signature equal to the same, on December 7, said it has raised $ 10 million in a series of investors, as a founder, such as Cred Founder Kunal Shah and Cricketer Hardik Pandya. The beginning will use the money to grow your billion dollar loan book and […]
Petrol, diesel prices on December 4: Check fuel rates in Mumbai, Delhi, other cities
The price of gasoline and diesel remained unchanged on December 4 after customs customs for lowering retail rates from the highest record, according to the notification of the price of state-owned fuel retailers. The price of gasoline in Delhi remained unchanged at Rs 95.41 per liter, two days after the […]
PepsiCo’s intellectual property right on FL-2027 potato variety revoked
In setbacks to PepsiCo India, the PPV & FR variety protection authority revoked the Varieties registration certificate on December 3, which was given to the main food and drinks on the ‘FL-2027’ potato varieties in this country. Reacting to developments, Pepsico said that he was in the process of reviewing […]
L&T, ReNew announce partnership for green hydrogen projects in India
Larsen & Tubro conglomerate techniques on December 2 announced that it would jointly have it and operate hydrogen green projects with green energy producers supported by Goldman Sachs. “In this agreement, L & T and the extension will jointly develop, own, implement and operate green hydrogen projects in India,” said […]
Most existing cryptocurrencies won’t survive, says Raghuram Rajan
Former Governor of Bank of India (RBI) Raghuram Rajan believes that of the 6,000 cryptocurrencys that will exist today, most will perish. Only one or two, or most, will survive, said Rajan. “If everything has value just because they will become a pricier on the phone, it’s a bubble,” he […]
Laurus Labs acquires 26.62% stake in ImmunoACT for Rs 46 crore
Laurus Labs has obtained a “tremendous minority stake” in CAR-T mobileular-remedy organization Immunoadoptive Cell Therapy (ImmunoACT), the Hyderabad-primarily based totally drugmaker has stated. The pharmaceutical and biotechnology employer stated in a BSE submitting on November 19 that it signed an funding settlement with the superior mobileular and gene remedy organization […]