Banking

Ola Electric To Set Up World's Largest EV Two-wheeler Charging Network

Ola Hypercharger Network will also be the densest network, spread over 400 cities with more than 100,000 charging points Read more

Jaypee Infratech Insolvency: Lenders Ask NBCC, Suraksha To Improve Bid

Earlier this month, NBCC and Mumbai-based Suraksha group submitted their revised bids to acquire Jaypee Infratech throug... Read more

Future Retail Lenders Okay Debt Recast Plan With Repayment Up To Two Years

Interest accrued between March 1, 2020, and September 30, 2020, will be converted into Funded Interest Term Loan, payabl... Read more

AirAsia Announces Free Rescheduling On All Flight Bookings Till May 15

AirAsia India has announced free rescheduling on all flights for bookings till May 15, 2021. Read more

Amazon Partners With Indian EV Firms For Its Last-mile Delivery Fleet

The e-commerce firm will engage with more Indian OEMs to achieve its goal of 10,000 EVs by 2025 Read more

Future Lenders Approve Debt Restructuring; Plan To Be Sent For Approval

Lenders of the debt-ridden Future Retail Ltd have approved a plan to restructure the existing financial debt of the comp... Read more

Lithium-ion Battery Maker Lohum To Invest Rs 250 Cr On Capacity Expansion

Lithium-ion battery pack manufacturer and recycling company Lohum plans to invest up to Rs 250 crore in the next three y... Read more

Future Retail Board Approves Resolution Plan To Restructure Financial Debt

The restructuring would be according to the Reserve Bank of India's circular for companies under stress due to the Coron... Read more

Mcap Of 7 Of India's Top-10 Valued Firms Tumbles Over Rs 1.41 Trillion

The market capitalisation of Infosys declined Rs 37,579.03 crore to Rs 5,76,275.68 crore. Read more

Amazon Building Computer Vision Tech To Check Defects In Fruits, Vegetables

The e-commerce giant's technology can carry out millions of assessments to grade the quality of fruits and vegetables pe... Read more

100 Mn Jobs In India Can Come From Small Businesses, Says Nilekani

'I think small businesses are being brought into a digital world, getting access to markets, and companies can now start... Read more

Payments Space Heats Up As Amazon Says 5 Mn Businesses Using Amazon Pay

The e-commerce major has also launched the 'Amazon Pay For Business' app for small and medium businesses to enable seaml... Read more

Crisil Downgrades Its PVR's Long-term Rating To AA-minus Negative

Crisil has downgraded its rating on long-term bank facilities and non-convertible debentures (NCDs) of PVR Ltd to AA-min... Read more

Indian Pharma Exports Grow At 18% To $24.44 Billion In FY 21 From $20.58 Bn

Pharma exports from India witnessed over 18 per cent growth to USD 24.44 billion during the last financial year against... Read more

Fitch Revises Positive Outlook On Future Retail Ltd, Affirms Rating At 'C'

Fitch Ratings has affirmed Future Retail Ltd's (FRL's) issuer default rating at 'C' and the rating on its USD500 million... Read more