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Lam Research India signs MoU with IISc for sponsored fellowship program

New Delhi, Feb 28 (PTI) Semiconductor plant gear maker Lam Research India has signed a memorandum of understanding with CeNSE and the Indian Institute of Science, Bengaluru to offer a sponsored fellowship program for second-year Master of Technology (MTech) students, starting in the 2022-23 academic year. Lam India has been a part of CeNSE's (Centre [...]

PFC board okays borrowings of Rs 82,000 cr in 2022-23

New Delhi, Feb 28 (PTI) The board of state-run Power Finance Corporation on Monday approved a proposal for borrowing Rs 82,000 crore in 2022-23. The board in its meeting held on February 28, 2022, approved borrowings of Rs 82,000 crore in 2022-23 through bonds, foreign currency borrowings, debentures, commercial papers among others, a BSE filing [...]

Business briefs

Union Bank of India in co-lending tie-up with Ambit Finvest Mumbai, Feb 28 (PTI) State-run Union Bank of India on Monday announced a co-lending tie-up with Ambit Finvest aimed at serving small business borrowers. Under co-lending a bank typically depends on a smaller financial services player's network or underwriting to help target segments. ****** Tata [...]

Air India Express flight to bring back about 182 Indian nationals on Tuesday

Mumbai, Feb 28 (PTI) Air India Express, the low-cost international budget arm of Air India, has said it is operating a flight to Bucharest in Romania to fly back Indian evacuees from war-torn Ukraine.              Air India Express flight, IX-1201, which departed from the city's Chhatrapati Shivaji Maharaj International Airport at 1.50 pm on Monday, is [...]

Individual settles case with Sebi in HDFC Bank share trade matter

New Delhi, Feb 28 (PTI) An individual has settled with markets regulator Sebi a case related to alleged violation of insider trading norms while dealing in the shares of HDFC Bank. Samrat Dasgupta has settled the case by paying a settlement amount of nearly Rs 24 lakh to the Securities and Exchange Board of India [...]

D B Realty wins legal case regarding Mumbai land parcel

New Delhi, Feb 28 (PTI) D B Realty on Tuesday said it has won a legal case regarding the title of a land owned by the company in Mumbai and will now develop a 2 million square feet office complex. In a regulatory filing, D B Realty informed that its subsidiary Esteem Properties owns about [...]
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