by PTI News | Apr 5, 2022 | 8:23 pm | News
Anand (Gujarat), Apr 5 (PTI) German tech firm SAP on Tuesday announced a tie up with dairy major Amul to impart digital literacy skills to at least 1.2 lakh residents of Gujarat in the next one year. SAP's President and Managing Director for Indian subcontinent Kulmeet Bawa declined to disclose the overall commitment to what [...]
by PTI News | Apr 5, 2022 | 8:21 pm | News
New Delhi, Apr 5 (PTI) Beams Fintech Fund on Tuesday said it has completed the first close of its maiden fund at Rs 270 crore within three months of its launch and is planning to invest in growth-stage companies.Beams -- founded by Fintech veteran Sagar Agarwal, Apoorva Ranjan Sharma, Anuj Golecha, Anil Jain, Gaurav Jain [...]
by PTI News | Apr 5, 2022 | 8:20 pm | News
Noida, Apr 5 (PTI) The Greater Noida Industrial Development Authority (GNIDA) on Tuesday said it has increased the minimum rate for buying farm land from Rs 3,500 per square metre to Rs 3,750 per sq metre with effect from April 1. The decision, announced after the 126th board meeting of GNIDA held in Greater Noida [...]
by PTI News | Apr 5, 2022 | 8:17 pm | News
New Delhi, Apr 5 (PTI) US private equity fund CA Rover Holdings, part of the Carlyle Group, on Tuesday offloaded 2.6 crore shares of SBI Cards and Payment Services Ltd for a little over Rs 2,229 crore through an open market transaction. According to bulk deal data available with the NSE, CA Rover Holdings sold [...]
by PTI News | Apr 5, 2022 | 8:11 pm | Company Results, News
New Delhi, Apr 5 (PTI) Tata Steel on Tuesday said its consolidated steel output stood at 7.57 million tonnes (MT) for the quarter ended March 31, 2022, registering a year-on-year fall of about 3 per cent. The company had produced 7.80 MT of steel during the January-March quarter of financial year (FY) 2020-21, Tata Steel [...]
by PTI News | Apr 5, 2022 | 8:06 pm | Corporate Action, Economy, News
Mumbai, Apr 5 (PTI) India Inc has raised a record USD 19 billion in green capital in 2021, led by Wall Street major Bank of America, which is only a fraction of the USD 1 trillion that global corporations raised in green financing in the year.While corporate India raised USD 19 billion in green capital [...]
by PTI News | Apr 5, 2022 | 8:02 pm | News
New Delhi, Apr 5 (PTI) IIT Kanpur-backed startup Phool has raised USD 8 million (about Rs 60 crore) from three investors, including Sixth Sense Ventures. The money was raised in a series A round which also saw participation from existing investors -- actor Alia Bhatt and IAN Fund. Incubated at the startup's Incubation and Innovation [...]
by PTI News | Apr 5, 2022 | 7:59 pm | News
New Delhi, Apr 5 (PTI) Microblogging platform Twitter will appoint Tesla and SpaceX founder Elon Musk to its board, a senior company official said. This comes after Musk bought 9 per cent stake in the social media platform for about USD 3 billion. On April 4, Twitter entered into a letter agreement with the billionaire, [...]
by PTI News | Apr 5, 2022 | 7:32 pm | IPO, News
New Delhi, Apr 5 (PTI) DCX Systems, a leading player for the manufacture of electronic sub-systems and cable harnesses, has filed preliminary papers with capital markets regulator Sebi to raise up to Rs 600 crore through an initial public offering (IPO). The public issue comprises fresh issue of equity shares, aggregating up to Rs 500 [...]
by PTI News | Apr 5, 2022 | 7:20 pm | Commodities, Economy, Foreign Exchange and Rupee Price, News
New Delhi, Apr 5 (PTI) The government on Tuesday extended the timeline for disbursement of loan for ethanol projects under different schemes till September 30 this year, as part of its efforts to boost domestic production and achieve ethanol blending of 20 per cent by 2025. In an official statement, the government said it has [...]
