Private sector HDFC Bank has signed a memorandum of understanding with StartupTN to promote innovation and entrepreneurship in Tamil Nadu, the bank said on Thursday. Through the partnership, the bank aims to contribute significantly towards the growth and success of startups present in the state. StartupTN is backed by the Tamil Nadu government and aims [...]
The NR Group, owner of the world's largest incense stick brand Cycle, on Thursday, said monsoon rains will trigger the growth of the Rs 8,000-crore sector, though there are some concerns about normal rainfall as of now. "The sector’s actual demand is driven in the second and third quarters of the year due to the [...]
Months after a US short seller shook markets with a damning report on the Adani group, the Organised Crime and Corruption Reporting Project (OCCRP) - an organisation funded by likes of George Soros and Rockefeller Brothers Fund - is said to be planning another 'expose' on certain corporate houses in India, sources said. OCCRP, which [...]
Reliance Industries in collaboration with The Oberoi Hotels and Resorts will co-manage three iconic hospitality projects which include Anant Vilas in Mumbai and Stoke Park in the UK, the company said on Thursday. The arrangement between the two companies also includes the management of another planned project in Gujarat. "Reliance Industries...has entered into an understanding [...]
NMDC Steel Ltd on Thursday operationalised its 3 MTPA capacity steel plant at Nagarnar in Chhattisgarh built at a cost of about Rs 24,000 crore. "With today's development, we emerge as the newest entrant in the domestic steel market and have put Bastar on the steel map," NMDC Chairman and Managing Director (CMD) Amitava Mukherjee [...]
Max Ventures Investment Holdings, one of the promoters of Max Financial Services, offloaded a 3.6 per cent stake in the company for Rs 1,091 crore through open market transactions. Nippon India Mutual Fund (MF), ICICI Prudential MF, Kotak MF, Kotak Mahindra Life Insurance, HDFC Standard Life Insurance, Morgan Stanley Asia Singapore, International Monetary Fund and [...]
Global energy efficiency solution company Rishabh Instruments Ltd on Friday said it has fixed a price band of Rs 418-441 per share for its Rs 491-crore initial public offering (IPO). The maiden public issue will open for subscription on August 30 and close on September 1, the company announced. The IPO comprises a fresh issue [...]
Drug maker Lupin on Friday said it has received approval from the US health regulator to market a generic product, used in the treatment of a lung disease, in the American market. The company has received approval from the US Food and Drug Administration (USFDA) to market Pirfenidone tablets in strengths of 267 mg and [...]
Capital markets regulator Sebi has levied a fine of Rs 20 lakh on Star India Market Research for allegedly flouting regulatory norms. Star India Market Research (SIMR) is a Sebi-registered investment adviser. The Securities and Exchange Board of India (Sebi) conducted an examination of SIMR before issuing a show cause notice on July 11, 2023, [...]
In the heart of India's bustling tech scene lies a treasure trove of innovative crypto startups. These startups are leveraging blockchain technology to create groundbreaking solutions that address various challenges across industries. In this article, we highlight the best and brightest Indian crypto startups that are on the brink of transforming the way we transact, [...]
