April Retail Inflation Eases To 4.29% On Fall In Food Prices
For April 2021, Consumer Price Index-based inflation (CPI) was calculated at 4.29 per cent, the lowest in the past three months. In March, it stood at 5.52 per cent and…
Groww To Acquire Indiabulls Mutual Fund Business For Rs 175 Cr
Nextbillion Technology Pvt. Ltd, the parent company of the Unicorn Groww, on Tuesday said it has entered into a definitive agreement worth Rs 175 cr, with Indiabulls Housing Finance Ltd…
Cipla Limited Gets Into Licensing Agreement with Eli Lilly For Baricitinib Drug
On Monday, Pharmaceutical Major Cipla Limited announced that it has entered into a royalty-free, non-exclusive voluntary licensing agreement with Eli Lilly and Company, USA, for the production and commercialization of…
Fincare SFB Files IPO Draft Papers With SEBI To Raise ₹1,330 crore
On May 9, Fincare Small Finance Bank (Fincare SFB) filed a draft red herring prospectus with Securities Exchange Board of India to raise ₹1,330 crore through an initial public offering…
Aviation Sector Also Hit By The Covid-19 Pandemic
Airlines’ Flight crew, ground staff and other employees are holding on to uncertainty as the second wave of covid-19 led to a massive downfall in passenger demand, forcing some airlines…
Top 10 Indian Unicorn(s) Going Limitless In 2021!
The start of 2021 came with the news of many unicorns like Meesho, Cred, PharmEasy, Urbancompany, Gupshup, joining the Unicorn club and managing to crash the ceilings and striving in…
PhonePe, Google Pay To Lead The UPI Ecosystem
Digital payments Platforms PhonePe and Google Pay continue to lead the game in a unified payments interface (UPI) ecosystem, marking 75% of all the transactions in the first month of…
Honda Cars India Announces Shutdown Of Its Manufacturing Plants
Honda Cars India has announced the shutdown at its Rajasthan-based manufacturing plant for ten days in the wake of the second wave of COVID-19. The Japanese automaker which has car…
Rising Covid-19 Cases May Tumble Economic Growth Further Down, Says Experts
With the increase in Covid-19 Cases and upward trending graph of deaths may result in a slower recovery and even may push the Economic growth further down, even the estimates…
Cabinet Allows Strategic Disinvestment In IDBI Bank
On Wednesday, The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, gave its assent for strategic disinvestment along with transfer of management control in IDBI Bank Ltd.…