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
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
Apr 20, 2023
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
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
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
Apr 18, 2023
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
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
Apr 12, 2023
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
Apr 11, 2023
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
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
Apr 10, 2023
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,
Apr 8, 2023
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,
Jan 29, 2026