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bigbasket secures $300 mn funding from Alibaba
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 2 (ANI): In a major move to fuel growth, online supermarket bigbasket raised USD 300 million in a fresh funding round led by Chinese e-tailer Alibaba and other investors.
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Mahindra brings an industry first transformation in automotive retail
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Jan 31 (ANI): Mahindra & Mahindra Ltd., part of the USD 19 billion Mahindra Group on Wednesday announced an industry first initiative in the automotive retail space with the launch of its 'Bring the Showroom Home', a portable, mobile based, interactive virtual r
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6Degree raises USD 400,000 in pre-series A round funding
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Jan 31 (ANI): Fashion talent and tech startup, 6Degree, on Wednesday announced that it has raised USD 400,000 from Indian Angel Network (IAN) and TAN Advisors - The Angel Network in a pre-series A round funding. The amount will be utilized in expanding the team,
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Govt, ADB ink USD 250m loan agreement
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 30 (ANI): The Government of India and the Asian Development Bank (ADB) signed a USD 250 million loan agreement on Tuesday, a notification from the Ministry of Finance read.
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Government signs USD 100 mn loan agreement with World Bank
Updated : 8 years, 1 month ago IST
New Delhi [India], January 30 (ANI): The Government of India signed a USD 100 million loan agreement with World Bank on Tuesday, here in the National Capital Region.
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Google seals $1.1bn deal to acquire HTC's talent
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 30 (ANI): Tech giant Google has announced the closure of a USD 1.1 billion deal with smartphone maker HTC, following which the former is set to acquire the latter's design talent.
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Real estate gained USD 257 mn FDI in 2017: Economic Survey
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 29 (ANI): The Indian Real Estate sector witnessed significant improvement in 2017, with a total Foreign Direct Investment of USD 257 million, the Economic Survey 2017-18 noted.
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Alea Consulting: Industry Risk Review on FMCG Sector
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan.29 (ANI-Newsvoir): Fast Moving Consumer Goods (FMCG) is the 4th largest and one of the fastest growing sectors in the Indian economy. In 2016-17, FMCG revenues reached USD 49 billion.
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LSE welcomes EXIM Bank USD 1 bn bond to International Securities Market
Updated : 8 years, 1 month ago IST
London [United Kingdom], Jan 28 (ANI): The London Stock Exchange on January 26, welcomed the issuance of Export-Import (EXIM) Bank of India's USD one billion bond which will be admitted to its International Securities Market (ISM).
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Foreign exchange reserves scale new high of $414.784bn
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 27 (ANI): Foreign exchange reserves continued rallying for the fourth week with a new high of USD 414.784 billion USD in the week to January 19, attributable to a rise in foreign currency assets.
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Axio Biosolutions secures $7.4m funding from Ratan Tata
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 27 (ANI): Medtech startup Axio Biosolutions raised USD 7.4 million funding in Series B round from Ratan Tata's RNT Capital, which will be used for expansion to new markets, and development of high-impact medical products.
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Large deals drive 26 pct YoY USD revenue growth for L&T Technology Service
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Jan 23 (ANI-BusinessWire India): L&T Technology Services Limited (LTTS) announced its results for the third quarter ended December 31, 2017, on Tuesday.
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