The new tranche of funding raises Ola's valuation to $5.74 billion from $4.45 billion in October 2017
Electric mobility in India is touted to be the way to the future, but implementation of large-scale projects to bring infrastructure for charging is still lacking.
This is expected to mobilise up to $400 million to provide clean and renewable electricity to up to 1 million households by 2020
Budget carrier IndiGo continued to be the largest player with a market share of 46.9 per cent ferrying 54 lakh passengers in March.
The Reserve Bank did not issue the final merger scheme for Lakshmi Vilas Bank (LVB) with DBS India on Friday as stated earlier and is likely to do so only next week, according to a central bank official. While placing LVB under a moratorium and then issuing a draft amalgamation scheme on November 17, the RBI had said it would issue the final merger scheme on November 20 (Friday) so as to help complete the resolution for the 94-year-old lender by December 16. However, as of 2200 hrs on Friday, the central bank did not issue the final merger scheme. When contacted, a senior RBI official told PTI that the same would now be issued early next week.
ignio has more than 75 patents filed in the artificial intelligence, machine-learning and intelligent-automation space
India's tax authorities began investigating Cadbury in 2011.
Among other things, the company is considering monetising the Global Village tech park located off Mysore Road in Bengaluru, for which private equity major Blackstone was said to have shown interest.
While the government is working on final contours for a strategic divestment of its stake in loss-making Air India, the airline is ready with plans to fly to more overseas destinations.
The combined sales of the branded versions of the products in the US is about $3.5 billion.
2nd time within a few days RIL has hit the forex debt market.
Even as the gaming industry battles multiple regulations in different Indian states, it has received more than double the amount of investment this year compared to 2020. Industry watchers attribute this to the growing popularity of gaming, spurred by the pandemic, and the innovative business models gaming firms have built. According to data from industry tracker Venture Intelligence, investment in India's gaming sector in 2021 has more than doubled to $794 million, as against a total investment of $339 million last year. In 2019, this number was $176 million. Marquee investors such as Tiger Global (Dream11), Sequoia Capital India (Mobile Premier League), WinZO (Griffin Capital Partners), Tencent (Dream11) and Matrix Partners (Zupee) have pumped money into the sector.
For the week under review, Special Drawing Rights fell by $ 13 million to $4.19 billion, while India's reserve position with the International Monetary Fund was down $3.5 million to $1.14 billion.
Removal of this status means India can now enhance customs duties to any level on goods coming from Pakistan.
The social media giant had been under scanner lately for the growing online data-privacy concerns.
Army Chief General Dalbir Singh paid tribute to the colonel.
Indian online retailers have been raising funds to expand and compete with bigger rival Amazon.com Inc as more Indians shop on the Internet.
'Fashion changes fast and if you are not keeping up you're getting left behind,' design diva Anita Dongre tells Pavan Lall.
Irdai had introduced two Covid specific products in the market - Corona Kavach and Corona Rakshak - that saw huge acceptance among the consumers as these products had lower premiums.
.jpg)
The Paris-based global drug giant announced last week that it would have the vaccine available by the first half of next year.
After the transaction with Temasek, Singtel will hold 47.39 per cent in Bharti Telecom.
Bengaluru's average home prices are Rs 4,000 a sq ft.
Total exit value breached the $10 billion mark for the first time to touch $10.3 billion this calendar, from $9.4 billion in 2015
Offers 12.60% in revenue share to Cidco, while only other bidder GMR offered 10.44%.
The Trump administration announced this major reward on the 10th anniversary of the terror attack in which 10 Pakistan-based Lashkar-e-Tayiba terrorists went on a shooting rampage in India's financial hub killing 166 people, including six Americans.
The chief investigating officer told the court that he had not found any material evidence to show who the political beneficiaries were.
Myntra expects to reach $100-million annual revenue.
The production in Maharashtra is pegged higher at 11-11.5 million tonnes against 10.71 million tonnes
This is Amitabh Bachchan's first entry in the list of highest openers in Bollywood and Aamir Khan's second.
It had posted $659 million profit during the third quarter last year.
Meeting the disclosure norms isn't very easy.
Prices in Bengaluru, the National Capital Region, Hyderabad and Ahmedabad, however, witnessed an uptick during the period.
The 12-year loan will part finance the proposed expansion of RIL's petrochemical plants and setting up of new gasification unit and refinery off-gas cracker over the next 2-3 years.
Asset valuation consultancy sees brand value slip to $2.2 billion.
The strike call is over privatisation, mergers, and also due to write-off of corporate NPAs, criminalisation of willful default
Russian fertiliser group Uralkali said that by turning down its higher bid for the company, the administrators had denied the extra funds that would have accrued to the shareholder of Force India - Mallya's Orange India Holdings Sarl - which is subject to a freezing order issued by the UK's High Court in favour of his 13 creditor Indian banks, led by the State Bank of India.
Data compiled by National Collateral Management Services (NCML, a non-government body) shows a 6.3 per cent rise to 109 million tonnes (mt). The Union ministry of agriculture's first advance estimate was 100.5 mt, as compared to 102 mt in last year's fourth advance estimate.
The hacking took place on the night of February 4.
The US budget proposals unveiled by President George W Bush includes $564 million in aid for South Asia, the bulk of it for Pakistan and Afghanistan and a comparatively miniscule amount for India.
The vandals caused $200,000 in damage to the partly-built temple.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances