New Delhi, June 14 The Board of Directors of Reliance Power Limited has approved preferential issue of up to 59.5 crore equity shares and up to 73 crore warrants convertible into equivalent number of equity shares of the company at
New Delhi, June 14 Export-Import Bank of India (Exim Bank) has projected India’s total merchandise exports for the first quarter of FY22 to reach $87.2 billion. It would be around 70 per cent higher than $51.3 billion during the same
New Delhi, June 14 Dell Technologies led the worldwide server market ranking in the first quarter this year with garnering 17 per cent of total revenue, as the global server market grew 12 per cent (year-over-year) to $20.9 billion in Q1,
New Delhi, June 14 The BSE and NSE have decided to suspend trading in the shares of Dewan Housing Finance Corporation Ltd (DHFL) from Monday. The development follows the approval of the resolution plan of Piramal Capital & Housing Finance
New Delhi, June 13 Edtech company Byju’s is now India’s most valuable unicorn startup with a valuation of $16.5 billion, surpassing fintech company Paytm’s $16 billion valuation. As per CB Insights data, as of June 2021, Byju’s is the 11th
New Delhi, June 13 Supportive international prices are expected to help domestic steelmakers tide over the second Covid wave, ratings agency ICRA said. Besides, ICRA expects domestic demand to recover in the coming months with the gradual lifting of lockdowns
New Delhi, June 13 India needs about 400,000 charging stations to meet the requirement for two million Electric Vehicles (EV) that could potentially ply on its roads by 2026, said a report on Saturday. The Grant Thornton Bharat-Ficci report said
New Delhi, June 12 HCL on Saturday announced that it has provided 17 ready-to-use oxygen plants to the Delhi government. These plants have been imported from France and are now deployed across seven hospitals in the city. The total combined
Chennai, June 12 CG Power Industrial Power Solutions Ltd has planned a capex of Rs 135 crore this fiscal, the company said. The capex to be funded out of internal accruals will be on balancing, debottlenecking and modernising the facilities
New Delhi, June 12 DLF on Friday reported a net profit of Rs 481 crore for the January-March qaurter of FY 2020-21, reflecting a year-on-year growth of 42 per cent. Its consolidated revenue increased 2 per cent to Rs 1,907
Hyderabad, June 11 Flipkart, India’s homegrown e-commerce marketplace, on Friday announced its partnership with the Telangana government to lead a consortium tasked with the development and execution of the drone deliveries of medical supplies to remote areas under the ‘Medicines
New Delhi, June 11 Automobile manufacturer Tata Motors said on Friday that it has bagged an order for 115 ambulances from the Gujarat government. The company has supplied 25 Tata Winger ambulances to the Health Department of Gujarat, as part
New Delhi, June 11 With a view to bring about more options in digital experiences, Reliance Jio has introduced ‘Jio Freedom Plans’, which include five new ‘no daily data limit’ prepaid schemes. The new prepaid plans come with 30-day cycle
New Delhi, June 11 Bharti Airtel on Friday said that Crisil has assigned ‘CRISIL GVC Level 1’ grading to the company, which is the ‘highest’ level in terms of corporate governance practices. “We are pleased to inform you that CRISIL
New Delhi, June 11 Apple supply chain’s shift of operation to India, in line with the incentives provided by the government, has reportedly created around 20,000 job in the country to date. According to a report in DigiTimes Asia, the number
Bengaluru, June 11 IT major Wipro has announced the appointment of Anup Purohit as its Chief Information Officer. A company statement said that Purohit brings with him over 25 years of experience across banking and financial services, centered around innovation
New Delhi, June 11 Telecom industry body COAI on Thursday said that Bharti Airtel’s Ajai Puri has been re-elected as the Chairman of the association for 2021-22. Puri is the Chief Operating Officer (India and South Asia) of Bharti Airtel
Mumbai, June 11 The Board of Yes Bank on Thursday approved raising up to Rs 10,000 crore through debt securities. The instruments for raising the fund would include non-convertible debentures (NCD), bonds, Medium Term Note (MTN) among others, the bank
Shimla, June 11 Telecom service provider Bharti Airtel said on Thursday that it has upgraded its mobile network in Himachal Pradesh by deploying additional spectrum along with advanced network software tools to bolster high-speed data capacity. Of this, 2.6 MHz
Mumbai, June 10 (IANS) Tata Digital Limited, a subsidiary of Tata Sons Private Ltd will acquire majority stake in digital health company 1MG Technologies Private Ltd (1MG). Incorporated in 2015, 1MG is a leading player in the eHealth space and enables
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