New Delhi, Feb 9 (PTI) Anil Agarwal Foundation, the CSR arm of Vedanta Ltd, on Wednesday signed a memorandum of understanding with the Rajasthan government to develop 25,000 modernised Anaganwadis called Nand Ghars across 13 districts.The initiative to establish 25,000 Nand Ghars is aimed at impacting more than 10 lakh children and 7.5 lakh women [...]
New Delhi, Feb 9 (PTI) The Supreme Court Wednesday sought a response from the Future group on Amazon's plea against the January 5 order of the Delhi High Court staying the ongoing arbitration proceedings before an arbitral tribunal over Future Retail’s Rs 24,500-crore merger deal with Reliance.A bench comprising Chief Justice N V Ramana and [...]
New Delhi, Feb 9 (PTI) Sistema.bio has raised USD 15.6 million (about Rs 115 crore) through a Series-B investment round that included a mix of equity, debt and non-dilutive capital."Sistema.bio announces the close of a Series-B investment round of USD 15.6 MN that included a mix of equity, debt and non-dilutive capital to support the [...]
Telecom operator Bharti Airtel's board on Tuesday gave an enabling approval for raising up to Rs 7,500 crore through debt instruments. Bharti Airtel had last month announced that tech titan Google will invest as much as USD 1 billion in the company for picking up a 1.28 per cent stake and scaling up offerings of [...]
New Delhi, Feb 8 (PTI) Private sector IDFC First Bank on Tuesday said it has raised Rs 1,500 crore in its maiden issue of tier-2 bonds on a private placement basis, to a set of marquee domestic investors including LIC. IDFC First Bank has raised Rs 1,500 crore through private placement of unsecured, subordinated, rated, [...]
New Delhi, Feb 8 (PTI) Torrent Power on Tuesday said it has received a Letter of Intent (LoI) to acquire 51 per cent equity stake in Dadra and Nagar Haveli and Daman/and Diu Power Distribution Corporation Ltd. The company is to be incorporated for holding assets of the Electricity Department, Daman and Diu and DNH [...]
New Delhi, Feb 8 (PTI) Bengaluru-based wealth management platform Wealthy.in on Tuesday said it has raised Rs 56 crore in Series A round of funding led by Alpha Wave Incubation. New investor Savrola Group and existing investors Venture Highway, Good Capital & Emphasis Ventures also participated in the round. "With the latest round of funding, [...]
New Delhi, Feb 8 (PTI) Digital meeting platform Airmeet on Tuesday announced to have raised Rs 260 crore in series B funding from new as well as existing investors. New investors Prosus Ventures, Sistema Asia Fund, RingCentral Ventures, KDDI Open Innovation Fund, DG Daiwa Ventures and Nexxus Global participated in the funding round, while existing [...]
Mumbai, Feb 8 (PTI) Infrastructure lender India Infrastructure Finance Company Ltd (IIFCL) is planning to invest Rs 2,000 crore in infrastructure bonds and Rs 1,500 crore in infrastructure investment trust (InvIT) by end-March 2022, a top company official said. "We hope to do (invest) about Rs 2,000 crore in bonds and another Rs 1,500 crore [...]
New Delhi, Feb 8 (PTI) State-run SJVN Ltd is looking to develop 10,000 MW solar power projects entailing investment of Rs 50,000 crore in the next five years in Rajasthan. "SJVN has submitted its intention to develop 10,000 MW solar power projects in next five years in Rajasthan," a company statement said. According to the [...]
