Capital Infusion
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Immigration Raids In California Strawberry Fields, Sow Fear Among Farmers
Flor, a Mexican migrant, picks strawberries in the agricultural town of Oxnard, but immigration roundups in recent weeks have infused the farmworker community in the strawberry capital of California with stress and fear.
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Microsoft Shares Slide as Cloud Forecast, AI Spending Disappoint
Despite beating quarterly overall sales estimates, investors want better results from the hundreds of billions of dollars that Wall Street heavyweights have been spending to build AI data centers and infuse their products with the emerging technology.
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After Bumper Profits, Centre Scraps Rs 30,000 Crore Capital Support To Oil Firms
The government has scrapped the Rs 30,000 crore equity infusion it had planned in state-owned fuel retailers after they made record profits in the fiscal year ended March 31, according to the Budget Finance Minister Nirmala Sitharaman presented today
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Web3-AI Firm ChainML Raises Over $6 Million in Funding as 2024 Sees Spike in Capital Inflow
ChainML, a Web3-enabled AI platform, is the latest company in the Web3 sector to have secured a notable investment. Led by Hack VC, this investment round fetched $6.2 million (roughly Rs. 51 crore) for ChainML, that aims to decentralise access to artificial intelligence (AI).
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Budget 2023: BSNL to Use Allocated Rs. 53,000 Crore for Upgrading to 4G, 5G Network
State-run BSNL will use about Rs. 53,000 crore in upgrading its network to 4G and 5G this year as well as revamping landline network across the country, Union Minister for IT and Telecom Ashwini Vaishnaw said on Wednesday. The Government has announced a capital infusion of Rs. 52,937 crore in BSNL during the next fiscal year starting April 1, 2023.
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From Emergency Capital Infusions to Bankruptcy: How the Crypto Meltdown Hit These Companies the Hardest
Celsius Network, Voyager, Vauld, Blockfi, and Three Arrows Capital are some of the companies that were hit the hardest by the ongoing crypto meltdown that has seen the value of Bitcoin fall more than 56 percent from this year's high. These companies have been forced to seek emergency capital infusions, frozen withdrawals, or filed for bankruptcy. H...
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Mahindra Board Holds Plans To Invest Fresh Equity In SsangYong Amidst Coronavirus Pandemic
Mahindra & Mahindra has announced that its board has rejected the proposal to inject fresh equity in SsangYong Motor Company (SYMC), amidst the ongoing COVID-19 crisis. The Indian auto giant holds a controlling stake in the South Korean carmaker and the latter had requested a fresh funding of 500 billion wons ($406 million) over the next three year...
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Zomato to Raise $150 Million From Alibaba's Ant Financial
Zomato is raising $150 million from investor Ant Financial, an Alibaba affiliate, at a valuation of $3 billion for the food delivery startup.
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Requested Amit Shah To "Soften PM's Heart" On Special Status: Jagan Reddy
Andhra Pradesh's new chief minister Jagan Mohan Reddy met Union Home Minister Amit Shah this evening over the special status demand for his state, a day ahead of the NITI Aayog meet that will be chaired by Prime Minister Narendra Modi.
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Centre Seeks Parliament Nod To Inject $143 Million In Air India
The government has "sought funds for infusion of equity in Air India under (its) turnaround plan," a statement tabled in Lok Sabha said.
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Amazon Seller Services Gets Fresh Capital Infusion
Amazon Seller Services has so far received over Rs. 8,000 crores (about $1.28 billion) during this financial year from its US parent.
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Banks May Increase Deposit Rates In Near Term, Says Icra
The rating agency said the recent capital infusion into state-run lenders will improve the ability of public sector banks to pursue credit growth.
-
Amazon.com Infuses Fresh Capital Into Its India Unit
Amazon founder Jeff Bezos has committed investments to the tune of $5 billion for the Indian market.
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Crisil Ups Outlook On 18 PSU Banks After Capital Infusion Plan
Crisil said move will strengthen the balance sheets of these banks apart from improving their core capital. It also expects an improvement in the overall performance of these lenders with the uptick in credit demand.
-
Public Sector Banks Identify 41 Overseas Units For Rationalisation
The government recently announced that it will infuse an unprecedented Rs 88,139 crore capital in 20 PSBs before March 31 to boost lending and revive growth.
-
Immigration Raids In California Strawberry Fields, Sow Fear Among Farmers
Flor, a Mexican migrant, picks strawberries in the agricultural town of Oxnard, but immigration roundups in recent weeks have infused the farmworker community in the strawberry capital of California with stress and fear.
-
Microsoft Shares Slide as Cloud Forecast, AI Spending Disappoint
Despite beating quarterly overall sales estimates, investors want better results from the hundreds of billions of dollars that Wall Street heavyweights have been spending to build AI data centers and infuse their products with the emerging technology.
-
After Bumper Profits, Centre Scraps Rs 30,000 Crore Capital Support To Oil Firms
The government has scrapped the Rs 30,000 crore equity infusion it had planned in state-owned fuel retailers after they made record profits in the fiscal year ended March 31, according to the Budget Finance Minister Nirmala Sitharaman presented today
-
Web3-AI Firm ChainML Raises Over $6 Million in Funding as 2024 Sees Spike in Capital Inflow
ChainML, a Web3-enabled AI platform, is the latest company in the Web3 sector to have secured a notable investment. Led by Hack VC, this investment round fetched $6.2 million (roughly Rs. 51 crore) for ChainML, that aims to decentralise access to artificial intelligence (AI).
-
Budget 2023: BSNL to Use Allocated Rs. 53,000 Crore for Upgrading to 4G, 5G Network
State-run BSNL will use about Rs. 53,000 crore in upgrading its network to 4G and 5G this year as well as revamping landline network across the country, Union Minister for IT and Telecom Ashwini Vaishnaw said on Wednesday. The Government has announced a capital infusion of Rs. 52,937 crore in BSNL during the next fiscal year starting April 1, 2023.
-
From Emergency Capital Infusions to Bankruptcy: How the Crypto Meltdown Hit These Companies the Hardest
Celsius Network, Voyager, Vauld, Blockfi, and Three Arrows Capital are some of the companies that were hit the hardest by the ongoing crypto meltdown that has seen the value of Bitcoin fall more than 56 percent from this year's high. These companies have been forced to seek emergency capital infusions, frozen withdrawals, or filed for bankruptcy. H...
-
Mahindra Board Holds Plans To Invest Fresh Equity In SsangYong Amidst Coronavirus Pandemic
Mahindra & Mahindra has announced that its board has rejected the proposal to inject fresh equity in SsangYong Motor Company (SYMC), amidst the ongoing COVID-19 crisis. The Indian auto giant holds a controlling stake in the South Korean carmaker and the latter had requested a fresh funding of 500 billion wons ($406 million) over the next three year...
-
Zomato to Raise $150 Million From Alibaba's Ant Financial
Zomato is raising $150 million from investor Ant Financial, an Alibaba affiliate, at a valuation of $3 billion for the food delivery startup.
-
Requested Amit Shah To "Soften PM's Heart" On Special Status: Jagan Reddy
Andhra Pradesh's new chief minister Jagan Mohan Reddy met Union Home Minister Amit Shah this evening over the special status demand for his state, a day ahead of the NITI Aayog meet that will be chaired by Prime Minister Narendra Modi.
-
Centre Seeks Parliament Nod To Inject $143 Million In Air India
The government has "sought funds for infusion of equity in Air India under (its) turnaround plan," a statement tabled in Lok Sabha said.
-
Amazon Seller Services Gets Fresh Capital Infusion
Amazon Seller Services has so far received over Rs. 8,000 crores (about $1.28 billion) during this financial year from its US parent.
-
Banks May Increase Deposit Rates In Near Term, Says Icra
The rating agency said the recent capital infusion into state-run lenders will improve the ability of public sector banks to pursue credit growth.
-
Amazon.com Infuses Fresh Capital Into Its India Unit
Amazon founder Jeff Bezos has committed investments to the tune of $5 billion for the Indian market.
-
Crisil Ups Outlook On 18 PSU Banks After Capital Infusion Plan
Crisil said move will strengthen the balance sheets of these banks apart from improving their core capital. It also expects an improvement in the overall performance of these lenders with the uptick in credit demand.
-
Public Sector Banks Identify 41 Overseas Units For Rationalisation
The government recently announced that it will infuse an unprecedented Rs 88,139 crore capital in 20 PSBs before March 31 to boost lending and revive growth.
