Reliance Industries Ltd (RIL) has listed its existing foreign currency bonds aggregating over USD 7 billion on India INX, making it the largest such listing by a private entity in India INX and GIFT IFSC. The securities include the USD 4 billion worth jumbo bonds raised in January 2022, which was termed as the largest [...]
New Delhi, Feb 17 (PTI) Startup AGRIM, a B2B platform for agri-inputs, on Thursday said it has raised USD 10 million (Rs 75 crore) from investors including Kalaari Capital to grow its business. In series A funding, AGRIM has raised funds from Kalaari Capital, with participation from existing investors Omnivore, India Quotient, and Accion Venture [...]
New Delhi, Feb 17 (PTI) Hero Electric on Thursday said it has joined hands with Grip, an alternative investment platform, for its lease financing solutions to retail investors. With the partnership, the company aims to encourage the adoption of electric vehicles (EVs) by leasing them to last-mile delivery, logistics as well as other e-commerce players [...]
New Delhi, Feb 17 (PTI) Hinduja flagship Ashok Leyland is eyeing a strong comeback in the commercial vehicle segment this year as it looks to consolidate its position in the intermediate commercial vehicle (ICV) segment and reap benefits of enhanced demand for its modular AVTR range, as per a top company official. The Chennai-based company [...]
New Delhi, Feb 17 (PTI) Crude oil prices fell Rs 77 to Rs 6,970 per barrel on Thursday after participants reduced their positions. On the Multi Commodity Exchange, crude oil for the February delivery dropped by Rs 77, or 1.09 per cent, to Rs 6,970 per barrel with a business volume of 2,952 lots. Analysts [...]
Mumbai, Feb 17 (PTI) French IT company Capgemini on Thursday said it will be setting up dedicated centres of excellence (CoE) for driving innovation efforts. The company, which employs half of its over 3 lakh-strong workforce in India, also sees the number of Indians at senior executive level growing in the next few years, its [...]
Pune, Maharashtra, India (NewsVoir) When it comes to growing wealth or simply maintaining healthy finances, experts recommend investing their money. It is financially prudent to start investing as early as possible. Doing so allows individuals three key benefits, which are: • Investments supplement income passively • Investments help combat inflation year on year • Investments [...]
New Delhi, Feb 17 (PTI) An Amritsar-bound Vistara aircraft, carrying 146 passengers, suffered a technical snag and returned to the Delhi airport soon after take off on Thursday. A Vistara spokesperson said a technical snag was detected on flight UK 697 operating from Delhi to Amritsar. As a precautionary step, the pilots decided to turn [...]
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New Delhi, Feb 17 (PTI) Vedanta on Thursday said it has signed a pact with TERI to accelerate its Environmental, social, and governance (ESG) goals. Vedanta plans to invest around Rs 200 crore over the next five to 10 years on R&D and sustainability initiatives to promote and build a sustainable ecosystem. "Vedanta... on Wednesday [...]