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Blockchain startup 5ire becomes 105th unicorn in India after Series A funding-thumnail

Blockchain startup 5ire becomes 105th unicorn in India after Series A funding

Blockchain start-up 5ire said it raised $100 million in Series A funding from UK-based conglomerate SRAM & MRAM, making it the 105th unicorn in India and the 20th this year.

Finance

Jul 15, 2022

This week, HDFC plans to raise up to Rs 5,000 crore through the private issuance of bonds-thumnail

This week, HDFC plans to raise up to Rs 5,000 crore through the private issuance of bonds

According to a regulatory filing by HDFC, the secured redeemable non-convertible debentures (NCDs) will have an interest rate of 7.77%, be payable annually, and have a term of 4 years,

Finance

Jul 15, 2022

What investing alternatives are available to a new employee?-thumnail

What investing alternatives are available to a new employee?

Starting to invest and save with your first paycheck is a great idea, and if you can reduce your taxes as a result, that is an added bonus. Starting to

Finance

Jul 15, 2022

OneCard’s parent firm FPL technologies raises $102 million in series D round-thumnail

OneCard’s parent firm FPL technologies raises $102 million in series D round

It offers co-branded credit cards with banks and issues them only to customers with credit history and a good score, which it tracks through its other product OneScore, a credit

Enterprise Service

Jul 14, 2022

DAO service provider DaoLens raises a undisclosed amount from CoinDCX cofounder & Nazar technologies Ceo-thumnail

DAO service provider DaoLens raises a undisclosed amount from CoinDCX cofounder & Nazar technologies Ceo

Founded by Vikram Aditya and Apoorv Nandan in January, DaoLens is a Web3 startup eyeing to simplify how DAOs function through a suite of tools aimed at facilitating the discovery,

Finance

Jul 14, 2022

Infosys Ltd. to acquire Denmark-based BASE life sciences for $111 million-thumnail

Infosys Ltd. to acquire Denmark-based BASE life sciences for $111 million

“Over the last five years, BASE life science has delivered tremendous growth, and created a stellar life sciences consulting firm in Europe. With Infosys as our catalyst, we will be

Finance

Jul 14, 2022

HDFC Ltd to raise Rs. 5000 crores through bonds.-thumnail

HDFC Ltd to raise Rs. 5000 crores through bonds.

The proceeds of the present issue would be utilised for financing/refinancing the housing finance business requirements of the Corporation,” HDFC said. Mortgage major HDFC Ltd will launch an issue of

Finance

Jul 14, 2022

City Union Bank and Bajaj Allianz Life Insurance have a strategic alliance-thumnail

City Union Bank and Bajaj Allianz Life Insurance have a strategic alliance

Customers of City Union Bank will be able to achieve their long-term financial objectives by purchasing value-packed products from Bajaj Allianz Life, including term, savings, retirement, investment solutions, and more.

Finance

Jul 13, 2022

RBI fines Ola Financial Services $1.67 million for violating regulations-thumnail

RBI fines Ola Financial Services $1.67 million for violating regulations

Ola Financial Services Private Limited has been fined 1.67 crore rupees by the Reserve Bank of India (RBI) for failing to follow certain rules on pre-paid payment instruments and Know

Finance

Jul 13, 2022

Investment firm Nomura cuts India’s GDP growth forecast to 4.7% from earlier 5.4% projection-thumnail

Investment firm Nomura cuts India’s GDP growth forecast to 4.7% from earlier 5.4% projection

However, all is not lost. India’s economy, Nomura said, is racing above its pre-pandemic level, led by a sharp recovery in the services sector, and supported by the lagged effects

Finance

Jul 13, 2022

PM Modi to inaugurate Sgx Nifty futures contract and IIBX in Gujrat on Friday-thumnail

PM Modi to inaugurate Sgx Nifty futures contract and IIBX in Gujrat on Friday

The government in the past few years has also slashed taxes at the GIFT city to compete with regional finance hubs like Singapore, Dubai, and Hong Kong.  Nifty futures contracts

Finance

Jul 12, 2022

<strong>Edelweiss Mutual Fund launches Focused Equity Fund</strong>-thumnail

Edelweiss Mutual Fund launches Focused Equity Fund

NEW DELHI: Edelweiss Asset Management Ltd. on Tuesday announced the launch of the Edelweiss Focused Equity Fund, a new fund offering (NFO) that will invest in 25–30 stocks across three

Finance

Jul 12, 2022


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