New Delhi, Feb 22 (PTI) Mutual fund distribution platform, ZFunds, on Tuesday announced the launch of Rs 100 daily mutual fund SIP, which is conceptualised specifically for people residing in rural areas and small towns. The initiative is launched in collaboration with ICICI Prudential Mutual Fund, HDFC Mutual Fund, and Tata Mutual Fund, ZFunds said [...]
DURHAM, N.C., Feb. 22, 2022 /PRNewswire/ -- US-based Velocity Clinical Research ("Velocity"), the world's largest fully integrated clinical site organization, today announces its acquisition of TrierHealth, digital clinical trials platform whose R&D team operates out of Hyderabad, India, to develop patient-focused technology. TrierHealth's founder, Raghu Punnamraju, will become Velocity's Chief Technology Officer. The investment in [...]
IDFC FIRST Bank MD and CEO V Vaidyanathan has gifted 9 lakh shares of the bank held by him, worth over Rs 3.95 crore, to five individuals, including his trainer, househelp and driver, to help them purchase homes. These five people are unrelated to the top official of the private sector bank. Earlier too, he [...]
Indiabulls Housing Finance Ltd on Monday said the Enforcement Directorate (ED) has sought some information about certain clients, and the matter relates to an old FIR filed against the company by one individual with "malicious" intent. "Enforcement Directorate has sought some information regarding certain clients and the matter originates from ECIR No. 07/HUI/2021 filed by [...]
Warburg Pincus and Ontario Teachers', both existing shareholders in PDG, also invest in this round SINGAPORE, Feb. 22, 2022 /PRNewswire/ -- Singapore-based Princeton Digital Group (PDG) has closed an equity investment from Mubadala Investment Company (Mubadala) as a lead investor for $350M. Both existing shareholders in PDG, Warburg Pincus and Ontario Teachers' Pension Plan Board [...]
Thane, Feb 21 (PTI) The CGST Mumbai Zone has arrested the director of a Navi Mumbai-based firm that allegedly availed and passed on Input Tax Credit of Rs 81 crore using bogus invoices to the tune of Rs 479 crore, an official said on Monday. A CGST release said searches were conducted at various locations [...]
Mumbai, Feb 21 (PTI) The National Bank for Agriculture and Rural Development (NABARD) on Monday projected a credit outlay of Rs 6.13 lakh crore for priority sectors in Maharashtra in the next financial year. A 'State Focus Paper' projecting a potential credit outlay of Rs 6,13,503 crore to priority sectors by NABARD was launched by [...]
New Delhi, Feb 21 (PTI) Tata Consultancy Services (TCS) on Monday announced the launch of its Sydney Digital Garage to help customers in Australia and New Zealand leverage co-innovation and accelerate digital transformation. The advanced research hub is designed to holistically look at innovation, helping businesses establish their competitive differentiation, increase speed to market, and [...]
Mumbai, Feb 21 (PTI) The India-UAE Comprehensive Economic Partnership Agreement will boost the food processing sector while protecting the interest of farmers in India, Union Commerce and Industry Minister Piyush Goyal said on Monday. Goyal, while interacting with industry representatives here, assured that farmers have been fully protected in the India-UAE CEPA while the food [...]
