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Tag: Finance
Edelweiss wealth management launches INR 3,000 Cr venture debt fund-thumnail

Edelweiss wealth management launches INR 3,000 Cr venture debt fund

“ECYOF is a much-needed alternative that allows venture/private equity-backed high-growth companies to raise additional capital to augment equity financing and continue their growth trajectory,” Edelweiss’ statement added. Edelweiss Wealth Management

Education

Oct 20, 2022

<strong>Celestia foundation secures $55 million in fresh funding.</strong>-thumnail

Celestia foundation secures $55 million in fresh funding.

Celestia aims to design a modular blockchain architecture with the hope to solve issues around deploying and scaling of blockchains. The company recommended about developing an infrastructure to make it

Industry

Oct 20, 2022

SaaS startup Drivetrain raises $15 million in fresh funding-thumnail

SaaS startup Drivetrain raises $15 million in fresh funding

Drivetrain Co-founder and CEO Alok Goel calls the platform a “Google Maps for business growth”. It has built an AI-powered language called DTML – Drivetrain Modeling Language – that is

Industry

Oct 20, 2022

<strong>UCO bank and YES bank partners with Russian banks to facilitate international trade in rupees.</strong>-thumnail

UCO bank and YES bank partners with Russian banks to facilitate international trade in rupees.

Under the mechanism, all exports and imports may be denominated and invoiced in rupees, with the exchange rate between the currencies of the two trading partner countries to be market

Finance

Oct 20, 2022

The UAE is trying to withhold technical corporations with special visas by Financing-thumnail

The UAE is trying to withhold technical corporations with special visas by Financing

Companies engaged in food, technology, and blockchain are being encouraged to establish their headquarters in the Middle East. The United Arab Emirates (UAE) seeks to tempt high-tech companies from the

Finance

Oct 20, 2022

<strong>Electronic Mart India makes a strong market debut; listed at 53% premium over IPO price.</strong>-thumnail

Electronic Mart India makes a strong market debut; listed at 53% premium over IPO price.

EMIL is the fourth largest and one of the fastest-growing consumer durables and electronics retailers in India. EMIL is the largest regional organized player in the southern region in revenue

Finance

Oct 17, 2022

When the source of money is depleted, the lender starts to increase the deposit interest rate-thumnail

When the source of money is depleted, the lender starts to increase the deposit interest rate

Lenders namely ICICI, Canara, and HDFC have increased their deposit rates.  After months of hesitation, banks have gradually started to raise deposit rates as credit growth continues to outpace deposit

Education

Oct 17, 2022

Employees as Ambassadors: Bane or boon?-thumnail

Employees as Ambassadors: Bane or boon?

We’ve all heard about the value of influencer marketing, but far too many businesses overlook the inherent opportunity of having their staff serve as brand influencers. Engaging your staff as

Industry

Oct 17, 2022

<strong>HDFC life Insurance concludes the merger with Exide Life.</strong>-thumnail

HDFC life Insurance concludes the merger with Exide Life.

HDFC Life had acquired 100% stake in Exide Life Insurance Company from its parent Exide Industries for ₹6,687 crores. HDFC Life Insurance has concluded the merger of Exide Life, marking

Finance

Oct 15, 2022

The global recession will be problematic for the Indian economy-thumnail

The global recession will be problematic for the Indian economy

The global recession is skeptical for India as compared to other countries. State Bank of India Chairman Dinesh Khara on Friday, expressed that, “The impact of the global recession is

Finance

Oct 15, 2022

FrontRow, a celebrity-focused learning startup lays off 125-130 employees-thumnail

FrontRow, a celebrity-focused learning startup lays off 125-130 employees

Interestingly, layoffs at FrontRow have come at a time when edtech decacorn BYJU’S made a foray into celebrity-focused learning with ‘BYJU’S Xcel’.  Lightspeed-backed celebrity-focused learning startup FrontRow laid off around

Industry

Oct 13, 2022

IMF reduces India’s growth forecast to 6.8% from earlier projection of 7.4%-thumnail

IMF reduces India’s growth forecast to 6.8% from earlier projection of 7.4%

Most other agencies, too, have been lowering their India forecast in recent weeks. The Reserve Bank of India also recently cut its projection modestly from 7.2 percent to 7 percent.

Finance

Oct 13, 2022


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