US-based retail giant Walmart Inc will invest a $1.2 billion in its Indian e-commerce unit Flipkart, giving it a valuation of $24.9 billion, Flipkart said today. “The investment is led by Walmart, Flipkart Group’s majority owner, along with a group of…
Ministry of Shipping approves Rs. 107 Crore for modern firefighting facilities for Haldia Dock Complex of Kolkata Port. In a Press release, Shipping Ministry said “The modern firefighting facility will enable the Haldia Dock Complex in safe handling of the…
Till 30th June 2020, 10 IPOs have been listed on BSE, below is the performance detail: In the year 2017 total 89 IPOs and in 2018 total 88 IPOs were listed on Bombay Stock Exchange (BSE). This number was 49…
In a regulatory filing on 13th July 2020, Godrej Industries Limited said that the Board of Directors of the company has approved to borrow money through Non-convertible debentures (NCDs) up to INR 750 Crore. The NCDs shall be Rated, Listed,…
Japan to use more than JPY 400 billion ($3.7 billion) for the recovery of those regions which are hit by catastrophic flood and heavy landslides that killed dozens, The prime minister of Japan, Shinzo Abe said today. The rain started…
Sundar Pichai, CEO of Google on Monday said that Google plans to invest $10 billion ( Rs 75,000 Crore) in India in the next 5-7 years. He said, over the years we have invested in many Indian businesses through google,…
Reliance Industries on Sunday in a regulatory filing said that Qualcomm Ventures to Invest Rs 730 Crore In Jio Platforms for .15% stake in total. This development comes just a day after RIL announced that Jio Platforms has received the…
The Central government approves Rs 2,000 crore for BharatNet phase II programme in Uttarakhand. Uttarakhand CM Shri Trivendra Singh Rawat said the digital connectivity initiative will revolutionise telecommunication and internet connectivity in the state. The initiative will make the internet…
The Dubai government has announced a new stimulus package (economic incentives) worth 1.5 billion dirhams ($408 million) to help the country’s economy cope with the effects of the Covid-19. This is the third package announcement by the Dubai (the second-largest…
In a regulatory filing on 10th July 2020, PNB Housing Finance said it will seek Shareholder’s approval to borrow money through Non-convertible debentures (NCDs) up to INR 45,000 crores. The company’s AGM is scheduled to take place on 5th August.…
