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China’s CLSA ups India exposure on supportive macroeconomic outlook
Business

China’s CLSA ups India exposure on supportive macroeconomic outlook

Posted on: October 11, 2023

[ad_1] CLSA has increased its India allocations citing a supportive macro outlook. The brokerage owned by China’s CITIC Securities has assigned a weightage of 18.2 per cent […]

Neobank Zolve raises $100mn in debt facility to offer credit products
Business

Neobank Zolve raises $100mn in debt facility to offer credit products

Posted on: October 11, 2023

[ad_1] Zolve, an international neo-banking company, said on Wednesday it has got a debt facility of up to $100 million from Community Investment Management (CIM). Zolve, […]

Reliance Retail to open luxury stores under ‘Swadesh’ brand globally
Business

Reliance Retail to open luxury stores under ‘Swadesh’ brand globally

Posted on: October 11, 2023

[ad_1] Reliance Retail is preparing to launch a chain of luxury stores for ethnic handicrafts under its Swadesh brand, both in India and internationally, according to a […]

Vedanta starts demerger process with incorporation of base metal subsidiary
Business

Vedanta starts demerger process with incorporation of base metal subsidiary

Posted on: October 11, 2023

[ad_1] Vedanta Ltd on Wednesday announced that it has incorporated its wholly-owned base metal subsidiary Vedanta Base Metals Ltd. The incorporation has been done to implement the […]

Insurtech player InsuranceDekho raises $60 mn in Series B funding round
Business

Insurtech player InsuranceDekho raises $60 mn in Series B funding round

Posted on: October 11, 2023

[ad_1] InsuranceDekho, India’s leading insurtech player, has raised $60 million in its ongoing Series B funding round, marking a significant milestone for the company. With this latest […]

Tata Capital Healthcare Fund II invests $10 mn in Apex Kidney Care
Business

Tata Capital Healthcare Fund II invests $10 mn in Apex Kidney Care

Posted on: October 11, 2023

[ad_1] Tata Capital Healthcare Fund II (TCHF II) has invested up to $10 million in Mumbai-based Apex Kidney Care Private Ltd (AKC) to help the chain expand its […]

Global stock gain as US yields dip; Brent remains steady
Business

Global stock gain as US yields dip; Brent remains steady

Posted on: October 11, 2023

[ad_1] Stock market updates on October 11, 2023: Domestic equity market will be hoping to log gains for the second straight day amid supportive cues from global […]

Revenue, profit seen rising in single-digits; buyback eyed
Business

Revenue, profit seen rising in single-digits; buyback eyed

Posted on: October 10, 2023

[ad_1] IT major TCS is expected to post muted constant currency (cc) revenue growth on a quarter-on-quarter basis for the September quarter (Q2) on Wednesday, October 11, […]

IiAS tells investors to vote against Anant’s appointment on RIL board
Business

IiAS tells investors to vote against Anant’s appointment on RIL board

Posted on: October 10, 2023

[ad_1] Proxy advisory firm IiAS has recommended that institutional investors should vote against the appointment of Anant Ambani on Reliance Industries’ (RIL’s) board, stating his age as […]

CCI clears acquisition of Hitachi Astemo by HMCL, Japan Investment Corp
Business

CCI clears acquisition of Hitachi Astemo by HMCL, Japan Investment Corp

Posted on: October 10, 2023

[ad_1] Fair trade regulator Competition Commission of India (CCI) on Tuesday said it has cleared the acquisition of certain shareholding in Hitachi Astemo Ltd (HAL) by Japan […]

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