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Swiggy closes funding round led by SoftBank Vision Fund, Prosus

TMT

20 July, 2021

Swiggy closes funding round led by SoftBank Vision Fund, Prosus

Food delivery platform Swiggy on Tuesday said it has closed a fundraise of $1.25 billion (Rs 9,344 crore) led by ......

ADB trims developing Asia's 2021 economic growth forecast to 7.2%

Economy

20 July, 2021

ADB trims developing Asia's 2021 economic growth forecast to 7.2%

Developing Asia's economic growth this year will be slightly lower than previously projected, the Manila-based Asian Development...

CreditAccess Grameen raises $25 mn from Swedfund International AB

Finance

19 July, 2021

CreditAccess Grameen raises $25 mn from Swedfund International AB

Microfinance firm CreditAccess Grameen Ltd has raised $25 million (Rs 187 crore) in external commercial borrowings (ECB) from...

Minister says regulators probing Adani group companies

Infrastructure

19 July, 2021

Minister says regulators probing Adani group companies

India's securities regulator and customs authorities are investigating some Adani Group companies for non-compliance of rules,...

Suzuki to enter electric vehicle market by 2025, starting with India

Consumer

19 July, 2021

Suzuki to enter electric vehicle market by 2025, starting with India

Suzuki Motor Corp will enter the electric vehicle (EV) market by 2025 starting in its stronghold market India, Nikkei reported...

Walmart's Flipkart says Indian probe shouldn't treat it the same as Amazon

TMT

19 July, 2021

Walmart's Flipkart says Indian probe shouldn't treat it the same as Amazon

Walmart's Flipkart should not be treated the same as rival Amazon in an Indian antitrust probe as the evidence against ......

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Gammon India's former subsidiary goes bankrupt

Infrastructure

16 July, 2021

Gammon India's former subsidiary goes bankrupt

A firm once backed by Gammon India, whose several subsidiaries are insolvent, has entered bankruptcy on a plea by an ......

Northern Arc Capital files DRHP with SEBI to raise funds via IPO

Finance

16 July, 2021

Northern Arc Capital files DRHP with SEBI to raise funds via IPO

Digital debt financing platform Northern Arc Capital has filed its Draft Red Herring Prospectus (DRHP) with the market regulator...

Near-term prospects for Indian economy bright: RBI bulletin

Economy

15 July, 2021

Near-term prospects for Indian economy bright: RBI bulletin

A gradual decline in India's second wave of COVID-19 infections and an aggressive vaccination push have brightened the near-term...

India's COVID-19 infection rate edges up, with second wave yet to abate

Healthcare

15 July, 2021

India's COVID-19 infection rate edges up, with second wave yet to abate

A rise in India's COVID-19 infection rate is worrying authorities who are concerned that pilgrimages and tourism could prove...

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