Announcements

LIC Housing Finance To Offer Home Loans To India Post Bank Customers

LIC Housing Finance To Offer Home Loans To India Post Bank Customers

Edited by Animesh Singh | Tuesday September 07, 2021

The alliance with LIC Housing Finance is part of IPPB's strategy to expand its range of products and services.

Cairn Energy To Return $700 Million To Shareholders Through Special Dividend

Cairn Energy To Return $700 Million To Shareholders Through Special Dividend

Reuters | Tuesday September 07, 2021

Britain's Cairn Energy pledged to return up to $700 million to shareholders through a special dividend and a share buyback this year.

Mahindra And Mahindra Sees Production Hit In September

Mahindra And Mahindra Sees Production Hit In September

Reuters | Thursday September 02, 2021

Mahindra and Mahindra has said it expects 25 per cent drop in September vehicle production at its automotive division due to semiconductor shortages.

Byju's Acquires Education Platform Great Learning For $600 Million

Byju's Acquires Education Platform Great Learning For $600 Million

Edited by Animesh Singh | Monday July 26, 2021

Byjus has acquired higher education platform Great Learning and after-school learning app Toppr.

Byju's Acquires American Reading Platform Epic For $500 Million

Byju's Acquires American Reading Platform Epic For $500 Million

Edited by Animesh Singh | Wednesday July 21, 2021

Byju's announced on Wednesday that it has acquired Epic, a digital reading platform for children, for $500 million, which is around Rs 3,700 crore.

Larsen & Toubro's Construction Arm Bags Domestic, Overseas Orders

Larsen & Toubro's Construction Arm Bags Domestic, Overseas Orders

Edited by Animesh Singh | Monday July 19, 2021

Larsen & Toubro (L&T) announced on Monday that its construction arm has received a number of orders both in overseas as well as in domestic markets.

RBL Bank Signs Up Visa After RBI Ban On Mastercard

RBL Bank Signs Up Visa After RBI Ban On Mastercard

Reuters | Thursday July 15, 2021

RBL Bank said it has signed up Visa Inc for its credit cards, after RBI barred Mastercard Inc from issuing new debit or credit cards in India.

Amazon Offers Intellectual Property Protection For Businesses In India

Amazon Offers Intellectual Property Protection For Businesses In India

Edited by Animesh Singh | Sunday July 04, 2021

Amazon has unveiled its Intellectual Property Accelerator programme, which is aimed at providing access to sellers, to their legal services.

Reliance To Invest Rs 75,000 Crore In Clean Energy Business: Mukesh Ambani

Reliance To Invest Rs 75,000 Crore In Clean Energy Business: Mukesh Ambani

Reported by Animesh Singh | Thursday June 24, 2021

The green energy infrastructure will be set up on a 5,000 acres area in Jamnagar and will be called Dhirubhai Ambani Green Energy Giga Complex.

PNB Housing Finance Says Sebi Has Sought Hold On Share Allocation

PNB Housing Finance Says Sebi Has Sought Hold On Share Allocation

Reuters | Sunday June 20, 2021

PNB Housing Finance Ltd has said that Sebi has asked it to put on hold a share allocation worth 40 billion rupees to investors led by Carlyle Group.

"Will Solve Issues At The Earliest": Infosys After Tax Portal Complaints

"Will Solve Issues At The Earliest": Infosys After Tax Portal Complaints

Edited by Animesh Singh | Sunday June 20, 2021

Infosys COO UB Pravin Rao said that the company is concerned at the inconvenience being faced by users, and will try to address the problems.

Online Education Portal Cuemath Eyes Funding, $1 Billion Valuation

Online Education Portal Cuemath Eyes Funding, $1 Billion Valuation

Reuters | Tuesday June 15, 2021

Online education platform Cuemath plans to raise at least $100 million this year, and is also targetting a valuation of $1 billion.

Baba Ramdev's Ruchi Soya Files Follow-On Public Offer

Baba Ramdev's Ruchi Soya Files Follow-On Public Offer

Press Trust of India | Sunday June 13, 2021

Ruchi Soya said that the issue committee constituted by its board has approved fund raising by way of further public offer of equity shares.

State Bank Of India Invests Undisclosed Amount In Digital Payments Startup Cashfree

State Bank Of India Invests Undisclosed Amount In Digital Payments Startup Cashfree

Edited by Animesh Singh | Monday June 07, 2021

SBI has invested an undisclosed amount in digital payments and banking technology Bengaluru-based startup Cashfree.

Tata Motors Raises $425 Million In Offshore Bonds To Pare Debt

Tata Motors Raises $425 Million In Offshore Bonds To Pare Debt

Reuters | Thursday June 03, 2021

Tata Motors confirmed the fund raising and said it will use $318 million of proceeds to refinance existing loans and the rest for corporate expenses.

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