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    1. Business News
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    3. fe bureau

    FE Bureau

    Proper corporate governance gives confidence to investors: Uday Kotak

    The listed companies can voluntarily choose to be part of NSE Prime and will further need to comply with pre-defined…

    By FE Bureau
    December 22, 2021 03:30 IST
    The investment by SBI follows Rs 1,500 crore investments in the company by two global private equity investors -- Apollo Global Management through its investment entity in Singapore and Synergy Metals Investments Holding  -- earlier this year.
    SBI invests Rs 100 crore for minority stake in JSW Cement

    The investment will support JSW Cement to expand capacity to 25 million tonnes per annum (MTPA) from 14 MTPA presently.

    By FE Bureau
    December 22, 2021 03:15 IST
    Google Pay, Mastercard ink pact to provide tokenised card payments

    In case the mobile device is misplaced, card details will remain secured as a digital token. The token can be…

    By FE Bureau
    December 22, 2021 02:45 IST
    The IPO momentum is likely to continue in CY22.
    IPO momentum & fund raising to continue in CY2022: Kotak Mahindra Capital

    After a strong showing by digital tech companies in the primary market in 2021, the investment bank expects strong traction…

    By FE Bureau
    December 22, 2021 02:30 IST
    funds
    Tabreed-IFC to invest $400 m in India’s cooling space

    The partnership will target a portfolio of about one lakh refrigeration tonnes, servicing industrial, commercial, and retail developments across India.

    By FE Bureau
    Updated: December 21, 2021 08:39 IST
    startup
    ‘Innovation, technology can develop entrepreneur spirit in India’

    The session was graced by chief patron and chancellor of the University Ashish Kumar Chauhan. Speaking at the session, Chauhan…

    By FE Bureau
    December 21, 2021 08:17 IST
    eway
    E-way bill generation shows steady rise

    The daily e-way generation was 20.38 lakh in November, down 14% on month compared with 23.71 lakh in October.

    By FE Bureau
    December 21, 2021 07:29 IST
    ADB’s $150-million loan to provide affordable housing for urban poor in Tamil Nadu

    Nearly half of Tamil Nadu’s 72 million population lives in urban areas making it one of the most urbanised states…

    By FE Bureau
    December 21, 2021 07:28 IST
    Tata takeover of Air India, 2 arms gets CCI approval

    The proposed combination envisages acquisition of 100% equity share capital of Air India and Air India Express (AIXL) and 50%…

    By FE Bureau
    December 21, 2021 07:06 IST
    Bharat Biotech seeks nod for Phase-3 trials of nasal Covid-19 vaccine

    Bharat Biotech’s nasal vaccine, BBV154, has already completed Phase-2 trials with Covaxin. The proposed Ph-3 trials will cover those who…

    By FE Bureau
    December 21, 2021 07:04 IST
    The overall market breadth remains negative and would require strong positive triggers for changing the current negative trend.
    Manic Monday: Omicron scare and rate hike fears give markets the jitters; post biggest fall in 8 months

    The biggest losers on Nifty100 were Bandhan Bank (-7.7%), InterGlobe Aviation (-7%), BPCL (-6.4%), DLF (-6%) and Indus Towers (-5.8%).

    By FE Bureau
    December 21, 2021 07:02 IST
    Banks recovered Rs 13,109 crore from sale of fugitives’ asset: Finance Minister Nirmala Sitharaman informs Parliament

    “We are taking measures through the EGOM (empowered group of ministers) for taking care of essential goods. We will attend…

    By FE Bureau
    December 21, 2021 07:00 IST
    Valued at $5 billion, OfBusiness raises $325 million

    The current round also includes a $140-million secondary sale. To date, OfBusiness has raised more than $800 million in funding…

    By FE Bureau
    December 21, 2021 04:45 IST
    Cars24 valuation up 83% to $3.3 billion in just 3 months

    Pre-owned vehicle platform raises $400 million in funding

    By FE Bureau
    December 21, 2021 04:15 IST
    Adani Transmission completes 897-circuit kilometre power line in UP

    The transmission line passes through urban areas and also highly undulated ravine topography. Severe ROW issues were faced at the…

    By FE Bureau
    December 21, 2021 03:30 IST
    Bharti Airtel’s base declined 0.14% to 353.97 million. Similarly, Vodafone Idea’s wireless user base was down 0.36% to 269.02 million.
    Reliance Jio only operator to add subscribers in October

    On the back of additions by Jio, the overall wireless subscriber base rose marginally to reach 1,166.30 million in October.

    By FE Bureau
    December 21, 2021 03:15 IST
    Razorpay raises $375 million led by Lone Pine Capital; valuation rises to $7.5 billion

    The Series F fundraise also received participation from existing investors like Tiger Global, Sequoia Capital India, GIC and Y Combinator.With…

    By FE Bureau
    December 21, 2021 03:00 IST
    Any hike in pension should benefit all 65 lakh pensioners as in the past when minimum pension was enhanced to Rs 1,000 per month, it benefitted only 14 lakh pensioners out of nearly 44 lakh eligible pensioners at that time.
    EPFO payroll shows 10% rise in October, adds 12.73 lakh net subscribers

    “Of the total 12.73 lakh net subscribers added, 7.57 lakh new members have been enrolled under EPF & MP Act,…

    By FE Bureau
    Updated: December 21, 2021 11:32 IST
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