Modi highlighted the importance of the unity and centrality of ASEAN to India, stating that the shared values, traditions, languages, texts, architecture, culture and food between India and ASEAN countries had been the source of a connection between them for thousands of years.
The latest fundraise is also presumed to have a secondary component, which is likely to take the round size from $250 million to more than $300 million, sources claimed.
With the acquisition, Lotus Herbals is endeavouring to magnify the global presence of Fixderma and FCL to seize “significant market share within the next five years as part of [their] long-term growth strategy.”
Paytm’s planned IPO will surpass the Rs 18,000 crore mark after it was earlier reported that the company is looking to increase its IPO size by Rs 1,000-2,000 crore due to surging demands.
Reciting his plans for the upcoming Assembly elections in Punjab next year, former CM Capt. Amrinder Singh informed that his party will be contesting elections for all 117 seats.
Jio Phone Next is slated to be launched next week on Diwali. Dubbed as the most affordable smartphone in the world, the phone’s launch is expected to have a significant impact on the country over the next three to five years.
The TAG will now reconvene on November 3 for the final EUL assessment if the data asked of Bharat Biotech is provided by them soon.
During Q2FY22, the NBFC reported a rise of 53.5 percent in YoY net profits at Rs 1,481 crore as compared with Rs 964.88 crore in the same quarter last year, owing to lower provisions and improvement in asset quality.
Facebook’s Chief Operating Officer Sheryl Sandberg stated that the company’s performance would have been better if not for the impact of Apple’s iOS 14, which blocked ads from advertisers that were shown to users without their consent.
Keeping in line with its stance, HSBC on Tuesday, October 26 upgraded its weightage of the Chinese equities from ‘neutral’ to ‘overweight.’
In a regulatory filing presented before the BSE, the lender revealed that its Net Interest Income (NII) grew by 3.2 percent during the Q2FY22, standing at Rs.4,020.6 crore from Rs 3,897 crore in the same quarter last year.
The judgement comes in light of ZEEL filing a suit under the ordinary original civil jurisdiction before the Bombay High court against Invesco and OFI Global China Fund LLC’s requisition for the EMG earlier this month on October 2.
In the series E round of funding led by Tiger Global Management and Vitruvian Partners, the company saw participation from existing investors with existing investors Sequoia Capital India and Lightrock India.
The reluctance of the companies to invest in the fuel retailer stems largely from the newly adopted sustainability rules and the global action of energy transition in light of the increasing risk posed by climate change.
The new guidelines notify that developers will be able to communicate with their customers about alternate ways to make purchases on their apps by asking them for basic personal details such as names and email addresses.
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