Banking

Amazon-backed More Retail Considering IPO To Raise Up To $500 Mn: Report

Witzig Advisory Services Pvt, owned by Amazon and Samara Capital Partners, acquired More Retail in 2019 from Kumar Manga... Read more

No Proposal To Transfer ONGC's Assets To OIL: Govt Tells Rajya Sabha

Assam CM had earlier this year written to PM Modi requesting him to consider transferring all assets of ONGC in the nort... Read more

Dialysis Network NephroPlus Raises $24 Mn To Expand In India, Abroad

Series E round was round led by IIFL Asset Management, with support from existing investors InvestCorp and Bessemer Vent... Read more

Greenlam Shares Gain After Board Approves 5-for-1 Stock Split

Separately, the company informed that the board of its wholly-owned subsidiary Greenlam South has approved setting up a... Read more

NODWIN Gaming Picks Up 10% Stake In Digital Content Network Rusk Media

Nazara Technologies on Monday said its subsidiary NODWIN Gaming has acquired a strategic 10 per cent stake in digital co... Read more

Fitch Lowers Outlook On ReNew Power Rating To Stable On Slower Deleveraging

The firm's capex was expected to be below company's estimates given the continuing Covid-related challenges, including d... Read more

SC Seeks Response Of Centre, Uber, Zomato On Plea For Gig Workers' Benefits

The plea by Indian Federation of App-Based Transport Workers has sought formulation of welfare schemes like health insur... Read more

Paytm's Loan Disbursals Up 375% At Rs 1,320 Cr In First Two Months Of Q3

The value of loans disbursed through the platform increased 375 per cent YoY to Rs 1,320 crore ($178 million) in the fir... Read more

Shriram Capital, Shriram City Union To Merge With Shriram Transport

The less complex structure may attract fresh investors to the new entity Read more

Mensa Brands Acquires Online Kidswear Firm LilPicks For Unknown Sum

Founded in 2017, LilPicks has grown rapidly over the past four years and offers trendy, quality, designer, and affordabl... Read more

Worldline Partners With Major Card Networks To Launch Tokenisation Solution

Worldline said that it has developed a fully interoperable plug-and-play solution to enable card on file tokenisation us... Read more

Gravita India Starts Battery Recycling Unit In Gujarat; To Invest Rs 62 Cr

Recycling firm Gravita India on Monday said it has operationalised its new battery recycling unit near Mundra Port in Gu... Read more

Walmart-owned PhonePe Digitises 25 Mn Merchants, Kirana Stores Across India

The company said that offline merchant transactions on its platform have shown 200 per cent growth since last year Read more

Edelweiss Increases Stake In Edelweiss Wealth Management To 44.16%

Diversified financial group Edelweiss on Monday said it has increased its stake in its associate company -- Edelweiss We... Read more

Nandan Terry Files Draft Offer Document For Maiden IPO Of Up To Rs 254 Cr

Ahmedabad based company, Nandan Terry Limited, belonging to Chiripal group, a textile conglomerate, filed draft offer do... Read more