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UPI Transactions In India Hit New Record, Nearly 17 Billion This January
UPI transactions in January surpassed nearly 1,700 crore, and the value exceeded Rs 23.48 lakh crore, marking the highest number recorded in a month.
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Adani Energy's $1 Billion Share Sale Subscribed 6 Times With Rs 50,000 Crore Demand
Billionaire Stanley Druckenmiller's family office-led investment firms have made their maiden bet on the Adani group, seeking shares of the conglomerate's power transmission unit in an institutional sale that was oversubscribed six times.
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Who Is Rishi Shah, Indian-American Jailed For Rs 8,300 Crore Fraud In US
Rishi Shah, an Indian-American businessman, has been sentenced to seven and a half years in prison for a Rs 8,300 crore ($1 billion) fraud involving his advertising startup.
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RBI Likely To Transfer Rs 1 Lakh Crores To Government In FY25: Report
The Reserve Bank of India (RBI) is likely to transfer approximately Rs 1000 billion to the government IN FY25 according to a report by Union Bank of India.
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Indian-Origin Man In Australia Sues Hospital Claiming Wife's C-Section Caused Him "Psychotic Illness"
An Indian-origin man in Australia has sued a hospital for $1 billion (approximately Rs 5,000 crore) over claims that he developed a "psychotic illness" as a result of watching his wife give birth via C-section.
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Rs 8100 Crore Plus: BCCI Eyes Mega Cash Windfall With Home Media Rights
The Indian cricket board is expecting to breach the USD 1 billion (INR 8200 crore approx) mark in its cumulative earnings from selling the separate TV and digital rights
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Adani Capital Plans IPO At $2 Billion Valuation As Soon As 2024
A non-bank lender backed by Gautam Adani, Asias richest person, is planning to raise at least Rs 1,500 crore ($188 million) in an initial public offering in Mumbai that could take place as early as 2024.
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Google To Invest Rs 7,400 Crore In Airtel, Take 1.28% Ownership
Telecom major Bharti Airtel on Friday announced that internet giant Google plans to invest up to $1 billion in a multi-year agreement to push India's digital ecosystem.
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Amazon vs Reliance In Retail - The Big And Expensive Fight In 10 Points
U.S. retail giant Amazon and India's Future Group have been locked in a legal battle for more than a year now. The stand-off has halted Future's Rs 24,500 crore ($3.4 billion) deal with Reliance Industries. Adding more twists, Amazon has filed fresh legal challenges in its long-running dispute with Future after the antitrust agency Competition Comm...
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Ola To Raise Over $1 Billion Through Equity, Debt In Pre-IPO Round: Report
Ola has recently raised over Rs 1,049 crore (about $139 million) from Edelweiss and others at a valuation of over $7 billion.
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Google to Invest $1 Billion in Africa Over Five Years to Ensure Access to Fast, Cheaper Internet
Google plans to invest $1 billion (roughly Rs 7,500 crores) in Africa over the next five years to ensure access to fast and cheaper Internet and will back startups to support the continent's digital transformation, it said.
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SoftBank-Backed Oyo Said to File for $1.2 Billion IPO Next Week
Oyo is expected to file for an initial public offering (IPO) next week to raise around $1 billion (roughly Rs 7,380 crores), as per a source.
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Indian Banks Recover Nearly $1 Billion From Vijay Mallya
Banks in India received Rs 71.82 billion ($967 million) by selling defaulter and former billionaire Vijay Mallya's stake in the United Breweries Ltd, according to a statement by the Enforcement Directorate.
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Five Startups Enter Unicorn Club In First Four Months Of 2021
Groww, Meesho, ShareChat and API Holdings became Unicorns after latest round of fundingvaluing all of them above $1 billion or Rs 7,450 crore.
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Adani Group Becomes Third Indian Company To Cross $100 Billion In Market Value
Adani Enterprises hit an all-time high of Rs 1,225.55 on Tuesday while Adani Transmission jumped to Rs 1,109.90 and Adani Ports gained to Rs 837.45.
-
UPI Transactions In India Hit New Record, Nearly 17 Billion This January
UPI transactions in January surpassed nearly 1,700 crore, and the value exceeded Rs 23.48 lakh crore, marking the highest number recorded in a month.
-
Adani Energy's $1 Billion Share Sale Subscribed 6 Times With Rs 50,000 Crore Demand
Billionaire Stanley Druckenmiller's family office-led investment firms have made their maiden bet on the Adani group, seeking shares of the conglomerate's power transmission unit in an institutional sale that was oversubscribed six times.
-
Who Is Rishi Shah, Indian-American Jailed For Rs 8,300 Crore Fraud In US
Rishi Shah, an Indian-American businessman, has been sentenced to seven and a half years in prison for a Rs 8,300 crore ($1 billion) fraud involving his advertising startup.
-
RBI Likely To Transfer Rs 1 Lakh Crores To Government In FY25: Report
The Reserve Bank of India (RBI) is likely to transfer approximately Rs 1000 billion to the government IN FY25 according to a report by Union Bank of India.
-
Indian-Origin Man In Australia Sues Hospital Claiming Wife's C-Section Caused Him "Psychotic Illness"
An Indian-origin man in Australia has sued a hospital for $1 billion (approximately Rs 5,000 crore) over claims that he developed a "psychotic illness" as a result of watching his wife give birth via C-section.
-
Rs 8100 Crore Plus: BCCI Eyes Mega Cash Windfall With Home Media Rights
The Indian cricket board is expecting to breach the USD 1 billion (INR 8200 crore approx) mark in its cumulative earnings from selling the separate TV and digital rights
-
Adani Capital Plans IPO At $2 Billion Valuation As Soon As 2024
A non-bank lender backed by Gautam Adani, Asias richest person, is planning to raise at least Rs 1,500 crore ($188 million) in an initial public offering in Mumbai that could take place as early as 2024.
-
Google To Invest Rs 7,400 Crore In Airtel, Take 1.28% Ownership
Telecom major Bharti Airtel on Friday announced that internet giant Google plans to invest up to $1 billion in a multi-year agreement to push India's digital ecosystem.
-
Amazon vs Reliance In Retail - The Big And Expensive Fight In 10 Points
U.S. retail giant Amazon and India's Future Group have been locked in a legal battle for more than a year now. The stand-off has halted Future's Rs 24,500 crore ($3.4 billion) deal with Reliance Industries. Adding more twists, Amazon has filed fresh legal challenges in its long-running dispute with Future after the antitrust agency Competition Comm...
-
Ola To Raise Over $1 Billion Through Equity, Debt In Pre-IPO Round: Report
Ola has recently raised over Rs 1,049 crore (about $139 million) from Edelweiss and others at a valuation of over $7 billion.
-
Google to Invest $1 Billion in Africa Over Five Years to Ensure Access to Fast, Cheaper Internet
Google plans to invest $1 billion (roughly Rs 7,500 crores) in Africa over the next five years to ensure access to fast and cheaper Internet and will back startups to support the continent's digital transformation, it said.
-
SoftBank-Backed Oyo Said to File for $1.2 Billion IPO Next Week
Oyo is expected to file for an initial public offering (IPO) next week to raise around $1 billion (roughly Rs 7,380 crores), as per a source.
-
Indian Banks Recover Nearly $1 Billion From Vijay Mallya
Banks in India received Rs 71.82 billion ($967 million) by selling defaulter and former billionaire Vijay Mallya's stake in the United Breweries Ltd, according to a statement by the Enforcement Directorate.
-
Five Startups Enter Unicorn Club In First Four Months Of 2021
Groww, Meesho, ShareChat and API Holdings became Unicorns after latest round of fundingvaluing all of them above $1 billion or Rs 7,450 crore.
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Adani Group Becomes Third Indian Company To Cross $100 Billion In Market Value
Adani Enterprises hit an all-time high of Rs 1,225.55 on Tuesday while Adani Transmission jumped to Rs 1,109.90 and Adani Ports gained to Rs 837.45.
