Business News

On First Day, IRFC’s IPO Issue Subscribed 65%

The first issue of Indian Railway Finance Corporation, subsidiary of Indian Railways, has been subscribed 65 per cent on January 18, the…

Jindal Steel In Talks To Get COVID-19 Vaccines For Employees

Steel producer Jindal Steel and Power Ltd said on Monday it was reaching out to COVID-19 vaccine manufacturers for a…

Tata Motors Ties Up With Banks, NBFCs To offer an array of financial offerings to Commercial Customers

These strategic tie-ups aim to enhance value offerings for customers of new and pre-owned vehicles Tata Motors said on Monday…

Yes Bank Board To Consider Fundraising Plans On January 22; Stock Ends Flat

In March last year, eight lenders led by SBI had infused over Rs 10,000 crore into Yes Bank Yes Bank…

French Energy Group Total Buys 20% Stake in Adani Green Energy

Total is trying to reduce its dependence on oil and shift towards electricity and renewable energy. Paris: French oil and…

Billionaire Ajay Piramal’s Conglomerate Wins Bid For Bankrupt Shadow Lender Dewan Housing Finance Corporation (DHFC)

Shadow lenders like Dewan are crucial to India’s economy, lending to small merchants and tycoons alike Billionaire Ajay Piramal’s conglomerate…

Rupee Slips 15 Paise to 73.22 Against US Dollar In Early Trade

The dollar index, which measures the greenbacks strength, rose 0.09 per cent to 90.85. The rupee depreciated by 15 paise…

China’s Economy Grew 2.3% In 2020, Rebounding To Pre-Pandemic Territory

China’s gains mean it increased its share of the world economy to 14.5 per cent China’s economy recovered to pre-pandemic…

Dewan Housing Finance Locked In 5% Upper Circuit As Piramal Enterprises Wins Acquisition Bid

DHFL shares were locked in a 5 per cent upper circuit at Rs 27.50 on the BSE. Shares of the…

Billionaire-Backed Cricket Game Startup Kicks off India’s Tech IPO Rush

Nazara Technologies was founded by Nitish Mittersain in 2000. Nazara Technologies Ltd., the cricket games developer backed by billionaire Rakesh…

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