Mumbai (IANS) Indian companies raised funds worth Rs 14,517 crore through equity issue in February, according to SEBI data. In January, they had raised Rs 11,517 crore through equity issue in the previous month. Companies raised Rs 3,658 crore through initial … read more
New Delhi (IANS) India’s largest refiner, Indian Oil Corporation (IndianOil), on Monday said it has begun the supply of 150 MT of medical oxygen at “no cost” to various hospitals in Delhi, Haryana and Punjab. The first batch of the lifesaver … read more
New Delhi (IANS) Airline major SpiceJet on Saturday re-introduced ‘Zero Change fee’ offer for domestic network. Accordingly, the new offer entitles passengers to make changes in their ticket at least five days prior to the date of departure instead of seven … read more
Mumbai (IANS) The Indian rupee continued to depreciate for the sixth consecutive day, breached the 75 per US dollar mark amid rising cases of Covid-19 and concerns of fresh localised lockdowns. On Monday, the rupee closed at 75.05 per dollar after … read more
Mumbai (IANS) The renewables arm of Larsen & Toubro’s Power Transmission & Distribution Business has secured a turnkey EPC Contract worth Rs 5,000-7,000 crore, to set up the Sudair Solar PV Project of 1.5 GW capacity in Saudi Arabia. In a … read more
New Delhi (IANS) Automobile major Tata Motors plans to foray into CNG fuelled passenger vehicle segment in FY22. Accordingly, few of the company’s models will be offered with a factory fitted CNG kit. At present, Tata Motors provides an option to … read more
New Delhi (IANS) Resurgence of Covid infections along with re-imposition of partial travel restrictions in some major states has triggered a clamour among a section of airlines for reduction of flight capacity. Accordingly, industry insiders contend that rising cases have severely … read more
New Delhi (IANS) Diversified conglomerate GMR Group has launched a new business vertical – GMR Innovex – to support StartUps as well as innovations in aviation and other fields. “GMR Innovex will operate on an ‘Open Innovation’ model, acting as an … read more
Bengaluru (IANS) Global software major Wipro on Thursday announced buying Australia-based Ampion for $117 million (Rs 858 crore), as it provides cyber security, Dev Ops (software development and IT operations) and engineering services. “The transaction is expected to be completed during … read more
New Delhi (IANS) Embodying the ethos of ‘Responsible Luxury’, ITC Hotels, the world’s largest chain of hotels with the maximum number of LEED Platinum Certified Properties, has been accorded yet another distinction by the USGBC (United States Green Building Council), making … read more