Capital Market
Flipkart raises US $3.6 billion from GIC, SoftBank, Walmart, others; valuation hits US $37.6 billion
NE BUSINESS BUREAU BENGALURU, JULY 12 The Flipkart Group on Monday announced that it has raised US $3.6 billion (about Rs...
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Future-Reliance deal: SC to hear on July 20 Amazon pleas against Delhi HC verdict
NE LEGAL BUREAU NEW DELHI, JULY 8 The Supreme Court on Thursday said it will hear on July 20 the...
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Ascendas India Trust to invest Rs 1,200 cr in initial phase of its first data centre in Mumbai
NE BUSINESS BUREAU NEW DELHI, JULY 5 Singapore-based Ascendas India Trust, which develops IT and logistics parks in India, on...
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In a country’s first, Digit Insurance is raising $200 mn funding, valued at $3.5 bn
NE BUSINESS BUREAU BENGALURU, JULY 3 Digit Insurance, a general insurance company offering health, car, bike, and travel insurance, is...
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Cabinet may soon clear proposal for government guarantee to bad bank
NE NEWS SERVICE NEW DELHI, JUN 29 The Union Cabinet may soon clear a proposal to provide government guarantee to...
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Saarthi Pedagogy, Ahmedabad-based EdTech startup, raises Rs 7cr in first round funding
NE BUSINESS BUREAU AHMEDABAD, JUNE 26 Ahmedabad-based EdTech startup, Saarthi Pedagogy, which provides a technology platform to integrate all segments...
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Plutomen raises $300K from GUSEC Seed Fund, DeVX venture fund & HNIs
NE BUSINESS BUREAU AHMEDABAD, JUNE 24 City-based Plutomen, an Augmented Reality (AR) based self-assistance and remote collaboration platform, on Wednesday...
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GDR manipulation: Sebi bars directors of Vadodara-based Sterling Biotech from accessing securities market
NE BUSINESS BUREAU NEW DELHI, JUNE 23 Markets regulator Sebi has restrained the directors of Sterling Biotech Ltd from accessing...
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Draft cabinet note floated for 100% FDI in oil PSUs approved for disinvestment: Sources
NE NEWS SERVICE NEW DELHI, JUNE 20 The commerce and industry ministry has floated a draft cabinet note seeking inter-ministerial...
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Insider trading in stock: Indian-origin husband of ex-Amazon employee jailed in US
NE NEWS SERVICE WASHINGTON, JUN 14 The Indian-origin husband of a former Amazon employee has been sentenced to 26 months...
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