P2P lending firm LenDenClub raises $10 million from Kunal Shah, Hardik Pandya othersÂ
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Other investors in the round include Tuscan Ventures, Ohm Stock Brokers, Artha Venture Fund, Policybazaar co-founder Alok Bansal, Livspace co-founder Ramakant Sharma and GVK Infra board member Krishna Bhupal
Smart investors should quickly pocket any listing gains in RateGain and wait for a correction in the secondary market to enter with a long-term perspective
GHCL Ltd divesting home textiles business to Indo Count Industries Ltd for Rs 596 crore
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The company, one of the leading manufacturers of soda ash, had initiated the process of carving out its textiles business into GHCL Textiles Ltd, in order to segregate both businesses and to have two separate listed entities with mirror shareholding.
Sudan owes ONGC Videsh $560 million in unpaid dues: Govt
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OVL, the overseas arm of state-owned Oil and Natural Gas Corporation (ONGC), had a 25 per cent stake in Block 2A4 in Sudan. Sudan had since 2011 not paid OVL and partners for oil it bought from the block.
RBI may refrain from reverse repo hike on Omicron worry
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The reverse repo rate - the interest rate banks earn for parking short-term funds at the RBI - is mostly expected to remain unchanged at 3.35 percent, but several economists have priced in a small increase as the central bank tries to normalise the gap betwee
Blue Monday? Bitcoin tumbles 5% after weekend battering
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The rout sent bitcoin#39;s price and the amount invested in bitcoin futures back to where they were in early October, before a massive price surge that sent the token to an all-time high of $69,000 on November 10.
Tata Motors to hike prices of commercial vehicles from January
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The price hike will be across segments of medium and heavy commercial vehicles (MHCV), intermediate and light commercial vehicles (ILCV), small commercial vehicles (SCV) and buses, based on individual model and variant of the vehicle, Tata Motors said in a re
NPS generated good returns for subscribers, says PFRDA Chairman
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NPS gives a lot of flexibility, but the only thing is that a person has to start early, said the chairman of the Pension Fund Regulatory and Development Authority (PFRDA).
ATM cash withdrawals to be expensive from January; Here is what you need to pay
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ATM transactions will get costlier from January 1, 2022, the Reserve Bank of India said in a notification. Customers will have to pay Rs 21 plus taxes to withdraw cash.
Toyota Kirloskar Motor partners with Karnataka Bank for financing solutions
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The company has signed a memorandum of understanding with Karnataka Bank, following which the bank will be one of the preferred financiers for the entire range of vehicles sold by TKM.
Indiaâs airlines add more non-stop flights to their networks as air traffic nears pre-pandemic levelsÂ
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Expansion of connectivity benefits Indian passengers. Delhi, the largest airport in the country, continues to rule the roost with non-stop flights to 76 destinations, followed by Mumbai with 67 and Bengaluru with 66. Hyderabad occupies the fourth spot with 61
Audi launches entry-level variant of A-4 sedan, priced at Rs 39.99 lakh
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Audi A4 Premium is an addition to the existing lineup, including the A4 Premium Plus and A4 Technology variants, priced at Rs 43.69 lakh and Rs 47.61 lakh, respectively.
Petrol, diesel prices on December 5: Check fuel rates in Mumbai, Delhi, other cities
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The Centre cut excise duty on petrol by Rs 5 per litre and that on diesel by Rs 10 a litre on November 3 to give relief to consumers battered by record-high retail fuel prices.
PepsiCo#39;s intellectual property right on FL-2027 potato variety revoked
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Reacting to the development, PepsiCo said it is in the process of reviewing the order passed by the Protection of Plant Varieties Farmersâ Rights (PPVFR) Authority.
Difficult for India to achieve climate goals without compromising economic targets: Oxford Economics
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"We think the new climate goals will be difficult to achieve without significantly compromising Indiaâs stated economic targets and its ambition to become a $5 trillion economy by 2024/25. Indeed, it may not even be possible,â Oxford Economics said.
Coal India auction to non-power sector up sharply on last year
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The average price in the auction for the non-power sector was higher than same period last year and also than the auctions in September, the official said.
India can lead the digital society and become a global leader in its own right, says Mukesh Ambani
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I think the convergence of real-time, the convergence of the distributed ledger and blockchain technology (smart tokens), the convergence of physical and digital through IoT will enable and re-define the decentralised financial sector in a way that we have ne
US largest trading partner of India during April-October: Govt
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The US has been the largest trading partner of India with respect to merchandise trade since 2018-19, except in 2020-21, when trade with America declined marginally on account of the COVID-19 pandemic, Minister of State for Commerce and Industry Anupriya Pate
Roche develops new research test kits for Omicron variant
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Governments around the world are urgently scouring databases for recent cases of COVID-19 infections, screening travellers and decoding the viral genomes of the new variant as they try to measure how far it has spread.
Jet Airways in #39;advanced discussions#39; with Boeing, Airbus for buying aircraft
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The ongoing discussions are part of the grounded airlineâs revival plan approved by the Mumbai bench of the National Company Law Tribunal (NCLT), the airline said in a regulatory filing on Friday.
Hereâs why an obscure waste-management firm in Chennai has attracted $4.1 billionÂ
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Ram Charanâs technology promises to convert unsegregated waste into energy without leaving behind any toxic residue. In a country of 1.3 billion people, with mountains of unsegregated waste, that could be a game changer. US-based fund TFCC certainly thin
KEC International bags orders worth Rs 1,065 crore
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While the railways business has secured an order for construction of railway siding in the conventional segment in India, the civil business bagged an order for infra works in the water pipeline segment in the country.
Confident that India, Australia will meet deadlines of finalising trade pact: Tony Abbott
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India and Australia have agreed to conclude a long-pending free trade agreement, officially dubbed as comprehensive economic cooperation agreement (CECA), by the end of 2022, and an early harvest trade deal by end of this year.
Deep Value Series: Karur Vysya Bank, a rerating candidate
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The strategic clarity of Karur Vysya Bank and early signs of walking the right path are reassuring. Seen in this context, we see an upside in the undemanding valuation
