Travel service provider Yatra Online Ltd on Monday said it has filed a draft prospectus with markets regulator Sebi for its initial public offering that includes a fresh issue of shares aggregating up to Rs 750 crore. Yatra also announced the appointments of Rohit Bhasin, Deepa Misra Harris and former bureaucrat Ajay Narayan Jha as [...]
New Delhi, Mar 28 (PTI) Crude oil futures on Monday dropped by 2.77 per cent to Rs 8,379 per barrel as participants trimmed their positions on low demand. On the Multi Commodity Exchange, crude oil for April delivery fell by Rs 239 or 2.77 per cent to Rs 8,379 per barrel with a business volume [...]
Mumbai, Mar 28 (PTI) Tata Capital on Monday announced a Rs 955 crore fundraise by a private equity arm for investing in healthcare companies.The Tata Capital Healthcare Fund II (TCHF II) achieved a final closure of its fund with investor commitments of Rs 955 crore or USD 126 million, a statement by Tata Capital said. [...]
New Delhi, Mar 28 (PTI) Ports-to-energy conglomerate Adani Group on Monday announced a multi-year partnership with Google Cloud, as the duo teamed up to modernise Adani's IT operations for future scale and group-wide innovation.The strategic collaboration will tap each organisation's expertise across infrastructure, technology, and industry solutions to modernise Adani Group's IT operations, the companies [...]
Mumbai, Mar 28 (PTI) Heightened geopolitical uncertainties will lead the Reserve Bank's rate-setting panel to opt for a status quo at the next week's meeting, Axis Bank's chief economist Saugata Bhattacharya said on Monday. Bhattacharya said he had earlier expected a tightening action at the policy meet scheduled for April 6-8 but the increased uncertainties [...]
Colombo, Mar 28 (PTI) External Affairs Minister S Jaishankar on Monday visited Lanka IOC, the local subsidiary of India’s oil major Indian Oil Corporation here and took stock of the island nation’s fuel supply situation amidst India’s support during its current foreign exchange crisis. Sri Lanka is facing an acute economic and energy crisis triggered [...]
The COVID-19 pandemic has forced 80 per cent of consumers to postpone their decision to purchase a four-wheeler, while 82 per cent of respondents deferred plans to buy a two-wheeler, according to a survey by Mobility Outlook. With electric vehicles (EV) gaining traction in India, 40 per cent of two-wheeler (2W) customers are willing to [...]
Enter the BiEverse Mumbai, Maharashtra, India (NewsVoir) The saying goes ‘Beauty lies in the eye of the beholder’, and this certainly rings true. Taking the idea several steps further, Queenie Singh launches Beauty in Everything : BiE a clean beauty skincare range in collaboration with Skin Guru Dinyar Workingboxwalla. BiE is a line of expert [...]
New Delhi, Mar 28 (PTI) Around 8,000 workers of Rashtriya Ispat Nigam Ltd (RINL) did not report for work on Monday, affecting production at the company's 7.5 million tonnes-steel plant in Visakhapatnam, Andhra Pradesh. There are around 11,000 non-executive workers at the plant and out of them, about 75 per cent did not come for [...]
New Delhi, Mar 28 (PTI) India's largest telecom operator Reliance Jio has launched Rs 259 plan that comes with calendar month validity to help prepaid users remember just one recharge date every month.Jio is the first in the industry to launch the 'calendar month validity' prepaid plan.As per information on Jio's website, Rs 259 plan [...]