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Reliance Industries (RIL): Dunzo, Indias leading quick commerce player, has raised US$240M in its latest round of funding. The investment was led by Reliance Retail Ventures (RRVL), with participation from existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital. With an investment of US$200M, Reliance Retail will own 25.8% stake on a fully diluted basis. RRVL is a subsidiary of RIL and holding company of […]

Consolidated Q3FY22 revenue stands at Rs108.66cr, up 55% yoy. The company has declared an interim dividend of 100%, i.e. Rs5 per equity share, for FY22.

Ujjivan Small Finance Bank (SFB) said that its gross loan book rose 22% to Rs 16,600 crore as on 31 December 2021 as against Rs 13,600 recorded on 31 December 2020.

Schemes to benefit 6.56 lakh households in 3,213 villages.

rising demand for larger homes in the post coronavirus world, the demand for plots is also likely to emerge much stronger

COMEX Gold futures tanked yesterday as investors continue to assess the impact of a potentially faster-than-expected policy tightening by the U.S. Federal Reserve. The yellow metal fell more than 1% in volatile trades, testing two week low of $1785 per ounce. Some buying emerged around this mark and the counter currently quotes marginally up at $1792 per ounce. MCX Gold futures closed at Rs 47400 […]

WTI Crude oil futures raced up to the key $80 per barrel mark. Overall sentiments remain firm today as Asian equities are trading up. EIA noted this week that the Brent crude oil price increased from 2020 to average more than $70 per barrel (b) in 2021 as global demand for petroleum products increased faster than production, leading to global inventory draws. Nominally, the annual […]

Record date is 18 January 2022

Rising international crude oil prices is expected to drag rupee sentiments lower in opening trades on Friday, 07 January 2022. Besides, foreign funds reversing faith in the domestic equities after investors saw minutes from the Federal Reserve meeting as a sign that the US central bank might hike interest rates faster than anticipated to cool inflation could further weigh down the local currency. On Thursday, […]

The new industry belongs to manufacture flexible intermediate bulk containers.