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Diagnostic chain Redcliffe labs to raise $200 million from private equity investors-thumnail

Diagnostic chain Redcliffe labs to raise $200 million from private equity investors

“There are at least 30-40 regional (radiology lab) assets in India,” Dheeraj Jain, founder of Redcliffe Labs said and he expects his company would be closer to becoming a unicorn

Healthcare

Jul 7, 2022

<strong>Reliance Jio a $120 billion enterprise: Brokerage Sanford C. Bernstein</strong>-thumnail

Reliance Jio a $120 billion enterprise: Brokerage Sanford C. Bernstein

Brokerage Sanford C. Bernstein estimates the telecom market leader’s ARPU – a key performance metric – to jump by as much as 33% and 64% to Rs 223 and Rs

News

Jul 7, 2022

Government to gain $12 billion in revenue from new taxes on fuel production and export: Moody’s-thumnail

Government to gain $12 billion in revenue from new taxes on fuel production and export: Moody’s

Following the government’s announcement, Indian oil companies will have to pay Rs 6 per litre (around USD 12.2 per barrel) on exports of petrol and ATF, and Rs 13 per

Finance

Jul 6, 2022

<strong>Not IAS or IPS, this is the most searched keyword on Shaadi.com</strong>-thumnail

Not IAS or IPS, this is the most searched keyword on Shaadi.com

In the matrimonial world, looking for a life partner who is an IAS, IPS, a professor, or works in a reputed government job was regarded as a social currency. However,

Industry

Jul 6, 2022

Fintech firm Bharatpe disbursed a record Rs 3,600 loan in April-June 2022 period-thumnail

Fintech firm Bharatpe disbursed a record Rs 3,600 loan in April-June 2022 period

Bharatpe said that it facilitated loan disbursal for over 1.2 lakh merchants during the quarter compared to 66,000 merchants that benefitted from the service in January-March quarter. Fintech firm Bharatpe

Digital Transformation

Jul 6, 2022

Crypto Lending firm Nexo to acquire peer “Vauld”-thumnail

Crypto Lending firm Nexo to acquire peer “Vauld”

Vauld became the latest decentralized finance (DeFi) firm to be hit by the crypto market’s recent downturn. In its statement on July 4, the company said that its financial challenges

Digital Transformation

Jul 6, 2022

Fintech firm Clear acquires CimplyFive, a Cloud-hosted application-thumnail

Fintech firm Clear acquires CimplyFive, a Cloud-hosted application

This is Clear’s second acquisition in 2022 after the purchase of Xpedize, an invoice discounting platform, in March. Clear has made 4 acquisitions so far, which include YBANQ in 2021

News

Jul 6, 2022

<strong>India invites global bids worth Rs 6000 crore for expansion of Deendayal port, Kandla</strong>-thumnail

India invites global bids worth Rs 6000 crore for expansion of Deendayal port, Kandla

The global bid documents were floated last week seeking Public-Private Partnership (PPP) for the mega expansion that involves setting up a new Mega-Container Terminal and a new Multi-purpose Cargo Berth

Industry

Jul 6, 2022

Startups are reconsidering IPOs as markets lose interest in unicorns-thumnail

Startups are reconsidering IPOs as markets lose interest in unicorns

Mumbai: As the craze for startups fades, valuations of several new-age companies have taken a beating in the market for unlisted shares, potentially delaying their plans to go public. According

Finance

Jul 6, 2022

Hotels and Restaurants barred from levying service charge by default, Know further details.-thumnail

Hotels and Restaurants barred from levying service charge by default, Know further details.

Increasing number of complaints regarding service charges led to this decision by the Government. The Central Consumer Protection Authority on Monday July 4 prohibited hotels and restaurants from adding service

Industry

Jul 5, 2022

254,695 electric vehicles were supplied by TECH Tesla in the second quarter of 2022-thumnail

254,695 electric vehicles were supplied by TECH Tesla in the second quarter of 2022

Tesla has announced its 2022 second-quarter vehicle manufacturing and delivery figures. In the second quarter of last year, Elon Musk’s electric car company shipped 201,250 cars. Parts shortages, supply chain

Automotive

Jul 5, 2022

India’s June export stands at $38 billion; trade deficit ballooned to $25.63 billion-thumnail

India’s June export stands at $38 billion; trade deficit ballooned to $25.63 billion

Cumulative exports in April-June 2022-23 rose about 22.22 per cent to $116.77 billion, while imports increased 47.31 per cent to $187.02 billion during the period. The trade deficit during the

Industry

Jul 5, 2022


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