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Reliance Retail Bags 5,550 Crore INR from KKR for 1.28% Stake
Earlier today, Reliance Industries Ltd. (1) has announced that it has received 5,550 Crore INR from KKR, a global investment firm. With the latest...
Rucha Joshi - 0
Smallcase Secures 99 Crore INR in Series B Funding Round
Smallcase (1), an Investment tech startup, is raising Series B funds in a mix of equity and preference shares. It has secured 99 crore...
Rucha Joshi - 0
Goverment Turns Focus on Fintech Apps with China Links
The Indian officials are now centering several fintech apps linked with China after banning nearly 200 mobile apps. According to anonymous sources, the officials...
Rucha Joshi - 0
Silver Lake to Buy Stake in Reliance Retail for 7,500 Crore INR
Silver Lake Partners, a private equity company (1), will soon invest 7,500 Crore INR in Reliance Retail (2) for the 1.75% stake. The company...
Rucha Joshi - 0
The Stock Market: What is Drawing People it Despite a Struggling Economy?
The Stock Market: Brokerages are observing inflation in opening the accounts of new investors. In the previous four months, over 4 million people have...
Rucha Joshi - 0
Data breach at Religare Health Insurance: Cyber Security suspects an act of phishing
Cyble (1), the data, and cybersecurity company mentioned that the internal and server data of a Gurugram-based Health Insurance company, Religare (2), has lost...
Facebook acquires 9.99% stake in Jio Platforms for Rs 43,574 crore
Mark Zuckerberg owned platform Facebook has acquired a 9.99% stake in Jio Platforms (1), the parent firm Reliance Jio, for Rs 43,574 crore, Reliance...
Weekly funding estimates: 4th Week of June
After approximately two weeks of low fund infusion, a sudden uptick for the upcoming Indian startups presented itself. The investments and funding for these...
Convergent Finance funds $23.8 million in Mumbai-based firm Camlin
Private equity firm Convergent Finance LLP (1) has announced that it is investing up to $23.3 million in the vertically integrated firm, Camlin Fine...
Best Bank in India: Top Private & Public Sector Banks [2020 Updated]
Introduction
The banking sector plays a vital role in helping the economy step forward in a developing world like India. Not only do banks offer...
Why India is unlikely to get benefits of inexpensive crude prices
What is the current market scenario?
On Monday, there was a sharp fell of crude with sellers paying buyers 37.6 USD to take the delivery...
Rucha Joshi - 0
DPIIT revises the rules of FDI to curb opotunistic takeovers
In the press note (3), authorities stated that rules were reviewed to minimize the takeovers that businesses might be possibly forced into because of...
Market Live Updates 16th April – IT Stocks in Red!
Shares of Infosys Ltd and HCL Technologies Ltd fall!
The Results of March Quater have raised demand concerns for the Software Industry. Also, the shares...
Market live: Nifty off day’s high; Sensex Updates
An exemption of lockdown rules after 20 April for NBFCs, HFCs, and rural construction!
Authorities on Friday exempted few activities, including the operation of Non-Banking...
Market Live Updates: Nifty up by 9200 as FMCG, Pharma stocks rally, Wall Street reaches a new high
Approximately 33 percent of rating actions for firms factored green:
Moody's investor service had recently considered exposure to social and governance risks by 33 percent...
Market Live Updates: Equity Indices lays low whereas Nifty claims 9000 again
BSE Auto & NSE Auto slip over 2% each
Both Nifty Auto and BSE Auto indices jumped over 10% in the previous trading session. They...