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Through dollar bonds, SBI plans to raise $500 million-thumnail

Through dollar bonds, SBI plans to raise $500 million

In order to generate up to $500 million through a worldwide bond issue—the timing of which has not yet been determined—the State Bank of India has reportedly reached out to

Investment & Funding

Apr 21, 2023

Hinduja Housing Finance to raise Rs 800 crore through bonds and debentures-thumnail

Hinduja Housing Finance to raise Rs 800 crore through bonds and debentures

Mortgage lender Hinduja Housing Finance Ltd. (HHFL), with an asset book of roughly Rs. 6,800 crores, plans to use a median offering to raise about Rs. 300 crores in subordinate

Investment & Funding

Apr 20, 2023

Indian Fund Managers Continue to Trim Holdings in Adani Group Stocks-thumnail

Indian Fund Managers Continue to Trim Holdings in Adani Group Stocks

Indian fund managers have continued to reduce their holdings in Adani Group stocks, suggesting that concerns about governance within the conglomerate remain despite a rebound in its market value. As

Industry

Apr 20, 2023

Apollo Global and 10X AD are in talks about investing in Byju’s parent company or Aakash-thumnail

Apollo Global and 10X AD are in talks about investing in Byju’s parent company or Aakash

The Economic Times reported that Apollo Global Management and Abu Dhabi Fund 10X AD are in discussions to invest in Byju’s parent company, Aakash. Byju’s CEO, Byju Raveendran, is reportedly

Education

Apr 20, 2023

L’Oréal invests in consumer-focused venture capital fund DSG Consumer Partners-thumnail

L’Oréal invests in consumer-focused venture capital fund DSG Consumer Partners

One of the biggest beauty companies in the world, L’Oréal, has announced that it is investing an unknown sum in the venture capital firm DSG Consumer Partners, which focuses on

Investment & Funding

Apr 18, 2023

Series Fundings A, B, C: What Are They?-thumnail

Series Fundings A, B, C: What Are They?

Startups typically experience a turbulent set of trips during their lifespan.  As a startup expands, money becomes an ever-more-critical requirement.  Startups can focus on several aspects including product development, scaling

Investment & Funding

Apr 18, 2023

Pi Ventures raises Rs 100 crore from Sidbi’s startup fund-thumnail

Pi Ventures raises Rs 100 crore from Sidbi’s startup fund

Pi Ventures, an early-stage venture capital firm, announced on Wednesday that the Small Industries Development Bank of India’s (Sidbi) equity plan, Fund of Funds for Startups, has committed Rs 100

Investment & Funding

Apr 12, 2023

MPL’s Mayhem Studios raises $20 million from Sequoia, Steadview, Truecaller, and others-thumnail

MPL’s Mayhem Studios raises $20 million from Sequoia, Steadview, Truecaller, and others

The Mobile Premier League (MPL), an esports and online gaming unicorn based in Bengaluru, launched Mayhem Studios last year. Mayhem Studios has raised $20 million in a Series A round

Investment & Funding

Apr 11, 2023

‘Look at what’s going on in India,’ Nirmala Sitharaman advises foreign investors-thumnail

‘Look at what’s going on in India,’ Nirmala Sitharaman advises foreign investors

Finance Minister Nirmala Sitharaman was addressing the Peterson Institute for International Economics (PIIE) during a fireside conversation about the Indian economy’s growth.  Finance Minister Nirmala Sitharaman has advised investors to

Finance

Apr 11, 2023

Tata Power and ADB Partner to Enhance Power Distribution in Delhi-thumnail

Tata Power and ADB Partner to Enhance Power Distribution in Delhi

Tata Power Delhi Distribution Ltd (TPDDL), the distribution arm of The Tata Power Company Ltd, and the Asian Development Bank (ADB) have signed an agreement to improve power distribution in

Investment & Funding

Apr 10, 2023

PMMY Marks 8th Anniversary, Sanctions 408.2 Million Loans Worth Rs 23.2 Trillion to Micro-Entrepreneurs-thumnail

PMMY Marks 8th Anniversary, Sanctions 408.2 Million Loans Worth Rs 23.2 Trillion to Micro-Entrepreneurs

The Pradhan Mantri Mudra Yojana (PMMY) has played a crucial role in funding micro-entrepreneurs in India, according to Prime Minister Narendra Modi. The scheme, which was launched eight years ago,

Investment & Funding

Apr 8, 2023

CBI Files Chargesheet in ICICI Bank Loan Fraud Case-thumnail

CBI Files Chargesheet in ICICI Bank Loan Fraud Case

The Central Bureau of Investigation (CBI) has filed a chargesheet against former CEO and MD of ICICI Bank, Chanda Kochhar, her husband, Deepak Kochhar, and Videocon Group founder, Venugopal Dhoot,

Investment & Funding

Apr 8, 2023


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