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Etrav Tech's $3.9 Mn Investment Led By EaseMyTrip Propels Growth

Mumbai-based Etrav Tech Ltd. on Monday has successfully secured a substantial investment of $3.9 million (INR 33 crore) in its second round of funding. The funding round was spearheaded by EaseMyTrip, a prominent player in the travel industry. This strategic infusion ...

Vedanta Group Taps JPMorgan For $300 Million India Bond Issue

Vedanta Ltd. has set its sights on raising Rs 2,500 crore (approximately $300 million) through rupee-denominated bonds, enlisting the expertise of JPMorgan Chase & Co. to orchestrate the financing, as reported by sources familiar with the matter. Spearheaded by Nitin Rungta, ...

Elon Musk Set to Disclose Tesla's India Investment Strategy to Modi

Tesla CEO Elon Musk is set to embark on a significant trip to India later this month, aiming to meet with Prime Minister Narendra Modi and unveil plans for substantial investments in the country. According to two reliable sources familiar with ...

India Fastest Growing Market, 25% Revenue Growth Expected In 2024-26: Bridgestone

Japanese tyre major Bridgestone expects to clock 25 per cent growth in revenue between 2024 and 2026 in India, which is its fastest-growing market globally, according to senior company officials. The company, which on Wednesday launched its 'Turanza 6i' premium range ...

Bain Capital's $430 Million Block Deal Boosts Axis Bank Shares By 2%

Shares of Axis Bank Ltd. surged 2% on Tuesday following reports of a substantial block deal orchestrated by global investment firm Bain Capital. The deal, reportedly valued at $430 million, has captured the attention of investors and analysts alike, signaling potential ...

Vedanta to Raise $300 Million via Debt Securities Amidst Restructuring Plans

Vedanta, a prominent Indian conglomerate spanning the metals and oil sectors, announced on Thursday its intention to raise up to 25 billion rupees ($299.6 million) through debt securities. This strategic move, disclosed by the company, underscores Vedanta's proactive approach to managing ...

Relief For Mutual Fund Investors As March 31 Re-KYC Deadline Looms; What Are The Things To Remember?

As the clock ticks down on the re-KYC (know your customer) deadline for mutual fund investors, a recent communication has brought a sigh of relief. With just two days remaining before the March 31, 2024 deadline, investors have received a reprieve ...

Fitch Places IIFL Finance On Negative Rating Watch Post RBI's Move

Fitch Ratings on Thursday took action against IIFL Finance, placing the company on 'Rating Watch Negative' following a directive from the Reserve Bank of India (RBI) to cease new gold-backed lending activities. This decision signals potential challenges ahead for the financial ...

Proposed AVGC Policy to Revolutionize Indias Animation, VFX, Gaming, Comics Industries

The proposed AVGC policy aims to attract investments, drive innovation, and establish world-class infrastructure in India's animation, visual effects, gaming, and comics sectors....

Berkshire Hathaways Q4 Profit Soars: Buffett Credits Mungers Influence

Berkshire Hathaway, led by Warren Buffett, reported a significant increase in its fourth-quarter profit, driven by the success of its insurance businesses and investments....

Exicom Tele-Systems Limited Unveils Rs 429 Crore IPO: Don’t Miss Emerging Opportunities

Exicom Tele-Systems Limited gears up to make its market debut with an initial public offering (IPO) set at Rs 429 crore. Scheduled to open for subscription on February 27, with the anchor book opening a day earlier on February 26, the ...

Buy Mid Cap Metals Stock, Target Price Rs 900: Motilal Oswal Recommends

Motilal Oswal, a leading brokerage firm, has issued a buy call on Jindal Steel & Power Ltd. (JSPL), which has set a price objective of Rs 900. The current market price of JSPL stands at Rs 772.85. Shares of JSPL experienced ...

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