Banking

AGS Transact Technologies, The First IPO Of 2022, Slumps On Debut

Shares of the payment solutions provider drop more than 8% over issue price; IPO had garnered 8x subscription Read more

Adani Total Gas Ltd To Invest Rs 20,000 Cr In Setting Up City Gas Infra

Adani Total Gas Ltd (ATGL) on Monday said it will invest Rs 20,000 crore in setting up city gas infrastructure across th... Read more

Economic Survey: Telecom Reforms To Spur Liquidity, Investments In 5G

The telecom sector reforms are poised to boost 4G proliferation, infuse liquidity and create an enabling environment for... Read more

Govt Approves Sale Of NINL To Tata Steel Long Products For Rs 12,100 Cr

Neelachal Ispat is a joint venture of 4 CPSEs and 2 Odisha government PSUs Read more

MEIL's Drillmec To Set Up $200 Mn Oil Rig Manufacturing Hub In Telangana

Drillmec SpA, a subsidiary of the city-based Megha Engineering and Infrastructures Limited group, will be setting up its... Read more

Airtel Buys Around 25% Equity Stake In Startup Lavelle Networks

Telecom operator Bharti Airtel on Monday announced an agreement to acquire about 25 per cent equity stake in Bengaluru-b... Read more

India's Smartphone Mkt Logs $38bn Revenue, 11% Shipment Growth In 2021

India's smartphone shipments grew 11 per cent year-on-year to reach 169 million units with market revenue crossing USD 3... Read more

Thrasio-styled Venture UpScalio Invests In Home, Gardening Brand Truphe

Honey Gupta started Truphe in 2015. The brand has seen immense growth in the last few years, riding on the spike in cust... Read more

Brescon In Talks With Investors For Raising $250-300 Mn For Its AIF

The firm is also in discussions to close a deal for investing $150 million which could be through the AIF Read more

ICRA Places Ratings Of PFS Under Watch With Negative Implications

Three PFS directors - Kamlesh Shivji Vikamsey, Thomas Mathew T and Santosh B Nayar - resigned on January 19, 2022 allegi... Read more

Berkshire, Softbank Paytm Bets Sour After Digital Payment Firm's Stock Rout

The plunge in shares amid a global equity selloff has cast a shadow over the prospects for technology firms preparing to... Read more

NCLT Approves APSEZ's Composite Scheme To Acquire Sarguja Rail Corridor

The company will now consolidate all rail assets under a single business entity Adani Tracks Management Services Pvt Ltd Read more

Embassy REIT To Invest Rs 850 Crore To Develop Office Space In Bengaluru

Currently, Embassy REIT is developing a total of 4.6 million square feet area, including the new 1.9 million square feet... Read more

Govt Extends Term Of IPO-bound LIC's Chairman & MD By One Year

Earlier, his term was extended by nine months in June last year Read more

Easemy Trip Consolidated Profit After Tax Soars By 83.8% In Q3

The company had posted a profit after tax of Rs 22 crore in the same period last fiscal Read more