- in Finance
10 most valued companies added Rs 1,14,744.44 crore to their total market valuation
10 most valued companies added Rs 1,14,744.44 crore to their total market valuation
- in Finance
BPCL Trust to sell up to 4% of its shares (86.77 million shares)
The Trust will sell up to 86.77 million shares or 4% of the total share capital of the company at a floor price of ₹435. Citigroup, Kotak Mahindra Capital and ICICI Securities Limited are advising the Trust on the secondary share sale
- in Business
Murari Lal will pay Rs 1,183 crore over 5 years to employees, workmen and creditors of Jet Airways
Murari Lal will pay Rs 1,183 crore over 5 years to employees, workmen and creditors of Jet Airways
- in Finance
IDFC First Bank board approves fundraise of ₹3,000 crore via securities
IDFC First Bank said that its board ‘noted the significant opportunities for growth of the bank based on the strong capabilities the bank has built and the strong outlook for economic recovery in India’
Delhi Metro Rail Corporation invites startups to bid for a new contactless ticketing system
Currently, the QR code ticketing system is only installed at the Airport Express line for buying tickets.
- in Finance
Tata Motors’ passenger vehicles business unit valued at Rs 9,417 crore
Upon the coming into effect of the scheme and upon transfer and vesting of the passenger vehicles undertaking in the transferee company — TML Business Analytics Services Ltd, the total lump sum consideration payable to the transferor company TML shall be the purchase consideration, that is Rs 9,417 crore and subject to withholding taxes under applicable Law, the filing added.
- in Finance
Privatisation’s here — two public sector banks that could be the first ones to be sold
Bank stocks surge as Budget 2021 initiates long-pending reforms, but unions oppose the move.
- in Finance, Uncategorized
What are large money changes taking place from February 1, 2021?
Budget 2021 getting presented on February 1 would have a direct impact on the public in general. Nonetheless, apart from the union budget, there are some other significant changes, which will happen from February 1.
- in Finance
What are large money changes taking place from February 1, 2021?
Budget 2021 getting presented on February 1 would have a direct impact on the public in general. Nonetheless, apart from the union budget, there are some other significant changes, which will happen from February 1.
- in Business
How much funding Indian Startups received in 2020?
Indian startups are assessed to have earned USD 10.14 billion in funding across more than 1,200 deals in 2020 despite the COVID crisis, a report by HexGn said.
- in Finance
Real Estate Startup Darwin Homes Raises $15M in Series A Funding
Darwin Homes, an Austin, Texas-based real estate technology startup, raised $15M in Series A funding.
- in Finance
Union Budget 2021 is likely to present a proposal hiking FDI limit in the insurance sector
There is a view that hiking the FDI limit in the insurance sector from 49 percent to 74 percent could lead to foreign partners in insurance JVs taking all major business decisions, affecting nationalist interests.
- in Finance
Will there be a relief for the middle class in Union budget 2021?
Budget 21-22 will be presented in Parliament on 1 February. With this budget, the middle class hopes that Finance Minister Nirmala Sitharaman will make several announcements for them as well.
- in Finance
Health and R&D related spending expected to see a boost in budget 2021: Economists at YES Bank
According to economists at YES Bank, heath and R&D related spending is anticipated to discern an upswing to align India with its international counterparts and to adapt to ongoing changes in global health situations.
- in Finance
Education Fintech GrayQuest Collaborated with SBM Bank to help Parents Pay Fees in Easy EMIs
GrayQuest partners with SBM Bank. GrayQuest parents also receive benefits such as complimentary insurance cover and access to 50+ exclusive rewards for their children
- in Finance
Market all-time High: Sensex Hits 50,000 for First Time, Nifty above 14,700
Reliance Industries rose after the market regulator SEBI approved Reliance Industries’ Rs 24,713-crore deal to buy Future Group’s retail assets.
in BusinessSEBI Approved Future Group-Reliance Industries Deal
The Securities and Exchange Board of India (SEBI) approved the deal between Kishore Biyani-led Future Group and Reliance Retail, an arm of the Mukesh Ambani-led Reliance Industries Limited (RIL), on January 20.
- in Finance
Stocks to Watch Upon: Infosys, Wipro, SAIL
Infosys recorded better-than-expected earnings accomplishment in the third quarter, with profit heightening 16.6 per cent to Rs 5,197 crore and revenues rising 12 per cent to Rs 25,927 crore. Wipro recorded almost 21 per cent surge in compact net profit to Rs 2,967 crore for December quarter
- in Finance
Bentley Posts Highest Sales in 2020 after 101 years
Bentley’s most significant growth was earmarked for China, posting a sales increase of 48 percent, 2,880 cars, against 1,940. The traditional sedan market hailed the opening of the all-new Flying Spur, with Bentayga sales staying robust.
- in Business
Start-ups in the new normal, the post COVID 19 Indian landscape
“Desperate times call for desperate measures” this saying can’t be truer than in the present scenario, where the pandemic is spreading like a wildfire, it is becoming tedious for the start-ups to stay afloat. However, there are a few startup industries who have turned lemons into lemonade, making the best out of the grim circumstances.
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