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Funding

Business

UpGrad Abroad Set to Expand Business, Plans to Hire 500 Freshers in Three Months

Nidhi Mishra -
UpGrad Abroad, a renowned global online higher education platform, has announced its plans to expand its business operations and is set to hire 500...
Bank

Reliance Capital Records Narrowed Loss of Rs 1,488 Crore as Expenses Decrease to Rs 5,949 Crore

Nidhi Mishra -
Reliance Capital, the financial services arm of the Reliance Group, has reported a narrowed loss of Rs 1,488 crore for the reporting period. The...
Bank

Finance Ministry Urges Public Sector Banks to Resolve Small Debt Defaults through Haircuts

Nidhi Mishra -
The Finance Ministry of India has urged Public Sector Banks (PSBs) to proactively address small debt defaults by considering haircuts, marking a significant step...
Bank

Start-ups Face Tax Scrutiny Over Unexplained Investments During FY19-FY21

Nidhi Mishra -
Several start-ups in India find themselves under the scrutiny of tax authorities as they receive notices regarding unexplained investments made between the financial years...
Business

Ambani-Backed EV Manufacturer Targets $85 Million Funding, Aims for $359 Million Valuation

Nidhi Mishra -
Aiming to accelerate its ambitious plans in the electric vehicle (EV) industry, an EV manufacturer backed by Indian business magnate Mukesh Ambani is seeking...
Bank

Promoter of Gravita India Offloads 4.6% Stake for INR 181 Crore through Open Market

Nidhi Mishra -
In a strategic move to unlock value and streamline its investment portfolio, the promoter of Gravita India, a leading recycling solutions provider, has successfully...
Bank

Laundry Mate, Co-founded by Big Basket’s Abhinay Choudhari, Secures $6.25 Million in Funding

Nidhi Mishra -
LaundryMate, the on-demand laundry services startup co-founded by Abhinay Choudhari, one of the co-founders of online grocery platform BigBasket, has successfully raised $6.25 million...
Bank

State Bank of India Raises $750 Million through Bonds on India INX under $10 Billion MTN Program

Nidhi Mishra -
State Bank of India (SBI), India's largest public sector bank, has successfully raised $750 million through the issuance of bonds on India International Exchange...
Bank

Coupang, South Korea’s E-Commerce Giant, Set to Enter the Indian Market

Nidhi Mishra -
Coupang, the prominent South Korean e-commerce company, has announced its plans to venture into the Indian market, marking a significant step in its global...
Bank

White House and Republicans Strike Deal to Raise Debt Ceiling, Avoid US Default

Nidhi Mishra -
In a significant breakthrough, the White House and Republicans have reached a bipartisan deal to raise the debt ceiling, averting a potential default by...
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