New Delhi: Hospitality major OYO has brought investor Martin HP Soderstrom on the board of directors of its European business of OYO Vacation Homes (OVH) as a Non-Executive Director.In a statement, the company said that Martin will also be buying shares worth an undisclosed amount in the parent comp...
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New Delhi: Power transmission player Sterlite Power on Monday announced that it has raised Rs 200 crore in debt financing from Allianz Global Investors (Allianz GI) -- one of the world's leading investment managers with a focus on sustainable investments.This transaction is one of the first infrastr...
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New Delhi: The government will give a discount of Rs 50 per gram under its gold bond scheme to investors who apply online and the payment is made through digital mode.As per a statement from the Finance Ministry, for investors using the digit mode for subscription, the issue price of gold bond will ...
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New Delhi: Udaan, Indias largest business-to-business (b2b) e-commerce platform, announced on Wednesday that it has raised $280 million in additional financing from its existing and new investors.The financing highlights the immense potential of the Indian b2b e-commerce market and market-fit of Uda...
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New Delhi: Savvy Infrastructure Pvt Ltd is set to invest Rs 700 crore more in GIFT City with the development of around five projects.The Gujarat International Finance Tec (GIFT) City has allotted 10 lakh square feet built up area to Savvy Infrastructure for development of commercial, residential and...
Readmore New Delhi: Hopitality major OYO Hotels & Homes has raised Rs 54 crore from Hindustan Media Ventures Ltd.According to a filing with the Registrar of Companies (RoC), OYO has raised the capital as part of its series F1 funding round.With this investment, Hindustan Media Ventures subscribed to 125 ...
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New Delhi: Retail investors in India directly bought stocks to the tune of $ 12 billion over January-September as the post-Covid period has seen rising retail inflows similar to the global trend.According to a report by foreign brokerage, Jefferies, the post-Covid period in India, similar to the glo...
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Mumbai: Increase in credit from banks may not always lead to a rise in investments as largely anticipated, said an RBI working paper.The analysis shows that in the banking sector, partial monetary policy transmission happens with a lag. Further, banks respond to changes in money market spreads faste...
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New Delhi: Call it a double whammy. First, reports surfaced in August last year that China's Alibaba Group has put on hold plans to invest in Indian companies amid geopolitical tensions between the two nations. Now, the "disappearing" act by Alibaba founder and owner of fintech venture Ant Group, Ja...
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New Delhi: The Pension Fund Regulatory and Development Authority (PFRDA) on Monday said that more than 52 lakh new subscribers have been enrolled under Atal Pension Yojana (APY) during financial year 2020-21 so far.The total enrolments have crossed the 2.75 crore mark as of December 31, 2020.APY is ...
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