by PTI News | Apr 28, 2022 | 2:07 pm | Corporate Action, News
New Delhi, Apr 28 (PTI) Fintech API platform for FidyPay on Thursday said it has partnered with Yes Bank, a move that will extend the digital facilitation to a wide range of businesses, including SMEs, Fintechs, and start-ups. As part of the alliance, FidyPay will be enabling a seamless connected banking experience to Yes Bank's [...]
by PTI News | Apr 28, 2022 | 12:42 pm | Corporate Action, News
Manila, Apr 28 (PTI) Radisson Hotel Group plans to add 100 hotels in India by the end of 2025 as part of its ambitious plans for expansion in the Asia-Pacific region, according to its CEO Federico Gonzalez. “In India, we should surpass 100 hotels this year. If I look at India, I don’t know why [...]
by PTI News | Apr 28, 2022 | 12:23 pm | Corporate Action, News
New Delhi, Apr 28 (PTI) India Mortgage Guarantee Corporation (IMGC) on Thursday said Sagen MI Canada has agreed to acquire 31 per cent stake in the mortgage guarantee firm for an undisclosed amount. The proposed transaction will close after the receipt of statutory and regulatory approvals, IMGC said in a statement. Sagen, the largest private-sector [...]
by PTI News | Apr 28, 2022 | 10:06 am | Corporate Action, News
New Delhi, Apr 28 (PTI) Realty firm Godrej Properties Ltd on Thursday said it has acquired a 58-acre land parcel in Nagpur to develop a residential project as part of its strategy to expand business. The company, which is part of Godrej group, did not disclose the value of this land deal. The development on [...]
by PTI News | Apr 28, 2022 | 9:27 am | Corporate Action, News
Washington, Apr 28 (PTI) India offers huge opportunities for the US in bilateral defence trade but its offset requirements pose an enormous challenge in doing business with the country, a former top Pentagon official has told top American lawmakers. Ellen Lord, who previously served as the Under Secretary of Defence for Acquisition and Sustainment (A&S), [...]
by PTI News | Apr 27, 2022 | 6:28 pm | Corporate Action, News
New Delhi, Apr 27 (PTI) State-owned Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) have bagged two licenses each for retailing CNG to automobiles and piped cooking gas to households in the latest bid round, regulator PNGRB said on Wednesday.Seven companies had put in 21 bids for city gas licences in five [...]
by PTI News | Apr 27, 2022 | 5:57 pm | Corporate Action, News
New Delhi, Apr 27 (PTI) State-owned Oil and Natural Gas Corporation (ONGC) on Wednesday said it has signed a pact with Norwegian energy giant Equinor ASA for collaboration in oil and gas exploration and production as well as clean energy projects.The memorandum of understanding (MoU) was inked on April 26, the company said in a [...]
by PTI News | Apr 27, 2022 | 5:50 pm | Corporate Action, News
New Delhi, Apr 27 (PTI) Shares of Bajaj Finance on Wednesday tumbled over 7 per cent even after the company reported its highest-ever consolidated net profit for the quarter ended March. The stock tanked 7.24 per cent to end at Rs 6,716.65 on the BSE. During the day, it plunged 7.60 per cent to Rs [...]
by PTI News | Apr 27, 2022 | 4:39 pm | Corporate Action, News
New Delhi, Apr 27 (PTI) Online furniture and home decor platform WoodenStreet on Wednesday announced that it raised around USD 30 million (Rs 230 crore) in the latest funding round led by WestBridge Capital. The investment was done at a valuation of Rs 1,200 crore and it was a mix of primary and secondary investment, [...]
by PTI News | Apr 27, 2022 | 4:12 pm | Corporate Action, News
New Delhi, Apr 27 (PTI) The Enforcement Directorate (ED) on Wednesday said it has attached funds worth Rs 6.17 crore of various fintech companies in a case linked to dishing out mobile-app based loans at exorbitant interest rates to gullible people during the COVID-19 crisis. A provisional order to attach the money was issued under [...]