Mumbai, Mar 15 (PTI) Omnichannel jewellery retailer Bluestone has raised over USD 30 million (about Rs 228 crore) in a funding round led by Sunil Kant Munjal, chairman of Hero Enterprise, at a valuation of USD 410 million.Bluestone -- backed by marquee investors, including Ratan Tata, Accel, Kalaari, Iron Pillar, IvyCap and Saama Capital -- [...]
New Delhi, Mar 15 (PTI) Drone delivery logistics firm Skye Air Mobility on Tuesday said it plans to ramp up its fleet size to about 120 drones in 12-15 months from the current four as it chases growth opportunities in key areas such as healthcare and diagnostics. Ankit Kumar, CEO of Skye Air Mobility, said [...]
ATata Motors is planning to invest Rs 15,000 crore in the EV segment in the next five years, a top company official has said. The company, which is a leader in the newly emerging EV segment with offerings such as Nexon, is also planning to develop around 10 more new offerings in the segment, President [...]
New Delhi, Mar 15 (PTI) Banks recovered over Rs 7.34 lakh crore in the past six years and the first six months of the current fiscal year, the government said in Parliament on Tuesday. During the past six financial years and the first six months of the current financial year, banks have effected an aggregate [...]
Mumbai, Mar 15 (PTI) The National Bank for Financing Infrastructure and Development (NaBFID) will begin its operations from the first quarter of the next financial year, its chairman K V Kamath said on Tuesday. NaBFID was set up by the government last year as a development financial institution (DFI) to support the development of long-term infrastructure financing [...]
Colombo, Mar 15 (PTI) Sri Lankan government will seek financial support from the IMF, softening its resistance against the international lender as it desperately tries to salvage the country’s beleaguered economy that is currently reeling under a severe foreign exchange crisis. On Tuesday, Finance Minister Basil Rajapaksa gave the nod to seek assistance from the [...]
New Delhi, March 15: Fairshop opened its third of many forthcoming outlets in Lok Vihar, Pitampura on March 14, 2022, altering the grocery shopping experience for Delhiites. The launch saw a whopping 1500+ footfall on the very first day. Fairshop was a huge hit when it first opened in Delhi's Kailash Colony and then, in [...]
- Winners to get cash prize awards BENGALURU, India, March 15, 2022 /PRNewswire/ -- Rotary Club of Bangalore Cantonment and Koncept Ambience, a leading real estate developer of Bengaluru, today announced the opening of the 'Champions of Change'- Young Achievers Awards 2021-22. The 'Champions of Change'-Young achievers award is an initiative to reward the youth [...]
MUMBAI, India, March 15, 2022 /PRNewswire/ -- STL (NSE: STLTECH), an industry-leading integrator of digital networks, has launched the Digital Equalizer and Improved Learning (DEIL) Program in association with the American India Foundation (AIF). This is a first-of-its-kind partnership where a not-for-profit organisation and a corporate come together to create impactful life for millions through [...]