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Reliance increases stake in US-based SkyTran to 26.3 pc
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 29 (ANI): Reliance Strategic Business Ventures Ltd (RSBVL), a wholly-owned subsidiary of Mukesh Ambani-led Reliance Industries, has increased its stake in US-based SkyTran Inc, a venture-funded technology company developing modern transport modes including
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IIT Guwahati, Hester Biosciences collaborate to develop vaccine against CO
Updated : 5 years, 11 months ago IST
Guwahati/Ahmedabad [India], April 29 (ANI): Indian Institute of Technology (IIT) Guwahati is collaborating with Hester Biosciences Ltd to work on vaccine development against COVID-19, both organisations said on Wednesday.
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Clix Capital builds seamless customer service amid lockdown
Updated : 5 years, 11 months ago IST
New Delhi [India] April 28 (ANI/NewsVoir): One of India's leading digital non-banking financial companies (NBFC), Clix Capital, which recently raised $40 million has built a great customer service despite lockdown.
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Singapore's legandary oil trader in debt trap amid COVID-led oil price plu
Updated : 5 years, 11 months ago IST
Singapore, April 27 (ANI): Hin Leong Trading, once a colossus in Singapore's oil trading community, has filed for bankruptcy protection after the collapse of global oil prices due to COVID-19 outbreak.
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IRB Infrastructure board approves fund raising of Rs 2,500 crore to tide o
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 27 (ANI): The board of directors at IRB Infrastructure Developers Ltd has approved fund raising of up to Rs 2,500 crore to meet ongoing and planned capex requirements besides cash flow mismatches as well as for general corporate purposes in wake of COVID-19
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University of Hyderabad's start-up selected for COVID-19 research funding
Updated : 5 years, 11 months ago IST
Hyderabad (Telangana) [India], April 27 (ANI): OncoSeek Bio Pvt Ltd, a start-up incubated at ASPIRE-BioNest, University of Hyderabad (UoH), has been selected for financial support for developing an in vitro lung organoid model by the Biotechnology Industry Research Assistance Council (BIRAC)
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Ind-Ra downgrades NTPC BHEL Power Projects to B+ with negative outlook
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 25 (ANI): India Ratings and Research (Ind-Ra) has downgraded NTPC BHEL Power Projects Pvt Ltd's (NBPPL) long-term issuer rating to B-plus from BB-minus with a negative outlook.
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Sleepwell ramps up manufacturing to aid healthcare during COVID-19 crisis
Updated : 5 years, 11 months ago IST
New Delhi [India], April 25 (ANI/NewsVoir): Sleepwell, India's leading mattress brand from Sheela Foam Ltd., has lent aid to the Indian healthcare sector in its fight against the coronavirus pandemic by ensuring timely supply of mattresses and foam sheets across the country. India is current
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MRF earmarks Rs 25 crore for COVID-19 relief measures
Updated : 5 years, 11 months ago IST
Chennai (Tamil Nadu) [India], April 25 (ANI): Tyre major MRF Ltd has committed to spend a sum of Rs 25 crore to support various initiatives to address the exigencies arising out of the COVID-19 pandemic.
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IIFL Wealth acquires L&T Finance Holdings' wealth management business
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 24 (ANI): IIFL Wealth Management Ltd on Friday announced completing the acquisition of 100 per cent equity shares of L&T Capital Markets Ltd (LTCM) for Rs 230 crore.
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DIAL to maintain social distancing, other protective norms at airport afte
Updated : 5 years, 11 months ago IST
New Delhi [India], April 24 (ANI): GMR-led Delhi International Airport Ltd (DIAL) said on Friday it is set to provide a safe and healthy environment to passengers flying out of the Indira Gandhi International Airport (IGIA) when operations resume after the current nationwide lockdown ends.
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Ashok Leyland acquires 3.36 pc share in subsidiary Hinduja Leyland Finance
Updated : 5 years, 11 months ago IST
Chennai (Tamil Nadu) [India], April 24 (ANI): Hinduja Group flagship Ashok Leyland Ltd has acquired 1.57 crore shares of Rs 10 each constituting 3.36 per cent of the equity of its subsidiary Hinduja Leyland Finance Ltd (HLFL).
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