Search For "usd"
Lendingkart raises USD 10m funding; aims to replenish loan book
Updated : 8 years, 6 months ago IST
New Delhi [India], August 3 (ANI): Lendingkart Finance Ltd on Thursday announced that it has raised USD 10 million debt fund from Kotak Mahindra Bank, Aditya Birla Financial Services and other financial institutions, which are to be channelised in the company's expansion plans and to re
Read More
CPEC a master plan for deep Chinese penetration of Pakistan's economy
Updated : 8 years, 6 months ago IST
Hong Kong [China], Aug.2 (ANI): The over USD 50 billionChina-Pakistan Economic Corridor (CPEC) project appears is a master plan for deep Chinese penetration into Pakistan's economy, many businessmen inPakistan have told the Hong Kong based Asia Times.
Read More
The Inside Story of Snapdeal-Flipkart merger breakdown
Updated : 8 years, 6 months ago IST
New Delhi [India], Aug. 1 (ANI): Both Kunal and Rohit put together have only 6.5% of stake at Snapdeal. In spite of getting two back to back offers from Flipkart of USD 800 million and USD 950 million, plus having Softbank go ahead for the deal, they managed to prevent this merger from happe
Read More
Apple sidesteps controversy; pays 2 billion to Nokia
Updated : 8 years, 6 months ago IST
New Delhi [India], July 29 (ANI): Tech giant Apple settled their existing issues over patents with Nokia by making a payment of USD two billion, indicating the iPhone maker's urge to avoid a controversy. The terms of the licensing deal, however, have not been revealed by any of the comp
Read More
Concerns over CPEC security as violence spreads in Balochistan
Updated : 8 years, 6 months ago IST
Islamabad [Pakistan], July 29 (ANI): Recent violence in Balochistan has again fuelled deep concerns about security for projects of the USD 57-billion China Pakistan Economic Corridor (CPEC) according to a report in the New York Times.
Read More
Elon Musk's SpaceX raises USD 350m funding, becomes world's most
Updated : 8 years, 6 months ago IST
New York [USA], July 28 (ANI): Entrepreneur and Tesla Motors Chairman and CEO Elon Musk's SpaceX, a rocket-producing firm, raised around USD 350 million in its latest round of funding, thus taking over as the world's most valuable privately-held firm.
Read More
Wasserman Schultz's IT aide arrested after wiring USD 283k to Islamab
Updated : 8 years, 6 months ago IST
New York [U.S.A], July 26 (ANI): American federal agencies arrested Florida Democratic representative Debbie Wasserman Schultz's top information technology (IT) aide for trying to board a Pakistan bound flight after he transferred USD 283,000 to Islamabad.
Read More
Hike in FII investment limits in corporate debt will aid the growth of bon
Updated : 8 years, 6 months ago IST
New Delhi [India], July 26 (ANI): At USD 10.11 billion during Q1FY2018, inflows from foreign institutional investors (FIIs) to the debt market were the highest in any quarter during the last decade.
Read More
U.S. lawmaker calls Pakistan a "backstabbing nation"
Updated : 8 years, 6 months ago IST
Washington D.C. [United States], July 26 (ANI): United States Congressman Ted Poe has described Pakistan as a "backstabbing nation" and hailed the decision of Defense Secretary James Mattis to withhold the release of USD 350 million from the Coalition Support Fund (CSF) to that co
Read More
Sunil Kant Munjal led Hero Enterprise commits to invest USD 10 mn in Corvi
Updated : 8 years, 6 months ago IST
New Delhi [India], July 25 (ANI-NewsVoir): Sunil Kant Munjal led Hero Enterprise has committed a strategic stake and shall invest USD 10 million in Corvi LED Light, a pioneering and technology-reshaping consumer lighting firm based in Mumbai that already has over ten Red Dot Design Award win
Read More
Michael Kors to buy Jimmy Choo for 1.2 billion USD
Updated : 8 years, 6 months ago IST
Washington D.C. [USA], July 25 (ANI): British shoe and bag company Jimmy Choo has been auctioned for 900 GBP and the buyer is none other than the global luxury fashion brand Michael Kors .
Read More
Competition Commission of India approves Vodafone-Idea merger
Updated : 8 years, 6 months ago IST
New Delhi [India], July 25 (ANI-NewsVoir): The Competition Commission of India (CCI) today unconditionally approved the merger of the telecommunications businesses of Vodafone India Limited, and its wholly-owned subsidiary Vodafone Mobile Services Limited, with Idea Cellular Limited. The USD
Read More