New Delhi, May 11 (PTI) Electric mobility player MoEVing on Wednesday said it has raised USD 5 million (nearly Rs 40 crore) through a mix of equity and debt capital. The investors included BeyondTeq, a UAE-based venture capital firm, GCC family offices, Stride One, TradeCred and N+1 Capital, among others, the company said in a [...]
The Arunachal Pradesh government on Wednesday signed a memorandum of understanding (MoU) with Creduce and Hydel Consultants Private Limited (HCPL) for cultivation and development of bamboo resources in the state. This is the world’s largest bamboo cultivation drive by a public-private partnership, an official claimed. The agreement encompasses the plantation of 100,000 hectares of forest [...]
Jaipur-based electric vehicle maker HOP Electric Mobility on Wednesday said it has raised USD 2.6 million (about Rs 20 crore) in a funding round to drive its business expansion plans. The fresh funding round is part of the ongoing USD-10-million pre-series fundraising, it said without disclosing the investor's identity. "Hop Electric Mobility has closed a [...]
MUMBAI, MAY 11 (PTI) FOLLOWING ARE THE DIRECT RATES OF EXCHANGE (DPE) AS ANNOUNCED BY THE STATE BANK OF INDIA HERE TODAY. ( ALL RATES IN RUPEES PER UNIT ).CURRENCY TTBUY TTSEL BILLBUY TTSEL CODE USD/INR 76.45 77.95 76.39 78.12 EUR/INR 79.97 82.75 79.90 82.92 GBP/INR 93.77 96.79 93.69 96.99 JPY/INR 58.30 60.15 58.25 60.28 [...]
Alembic Pharmaceuticals Ltd on Wednesday said it has received final approval from the US health regulator for its generic version of Arformoterol Tartrate inhalation solution indicated for long-term treatment of bronchoconstriction in patients with chronic obstructive pulmonary disease. The approval by the US Food & Drug Administration (USFDA) for the abbreviated new drug application (ANDA) [...]
Shares of telecom operator Vodafone Idea gained 4 per cent in morning trade on Wednesday, a day after the company reported narrowing of its consolidated losses to Rs 6,563.1 crore for the fourth quarter ended March. The stock jumped 3.31 per cent to Rs 9.03 on the BSE. At the NSE, it went up by [...]
The shares of Adani Wilmar traded lower for the eighth straight day and hit the 5% lower circuit for five consecutive trading sessions. They have slipped 34% from their 52-week high of ₹878 apiece that they had touched on 28th April 2022. This happened as investors continued to book profits. On Tuesday's trades, the shares [...]
High Commissioner of Bangladesh to India Muhammad Imran met Chief Minister Yogi Adityanath at his official residence here on Tuesday and discussed ways and means to further strengthen the relations between the two countries and especially promote trade with Uttar Pradesh, an official release said. Adityanath said India and Bangladesh have strong relations in history, [...]
Supply chain company Delhivery on Tuesday raised Rs 2,347 crore from anchor investors, ahead of its initial share-sale, which opens for public subscription on Wednesday The company has decided to allocate a total of 4,81,87,860 equity shares to anchor investors at Rs 487 apiece, which is also the upper end of the price band, aggregating [...]
