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All of the stock held by a joint venture between a fund connected to Mitsui & Co. and an investment firm connected to LVMH Moet Hennessy Louis Vuitton will be purchased by Lenskart.

The British Pound eased on mounting economic worries and inflationary outlook. Soaring inflation will hit Britain harder than any other major economy during the current energy crisis, Andrew Bailey, the governor of the Bank of England has warned yesterday. This hit the Pound amid sustained gains in the US dollar index and the British currency tanked to a two week low near 1.2100 mark. It […]

The NCDEX Cottonseed oilcake futures slipped, extending the recent spate of losses as markets are eying a spurt in the sowing of Cotton in Gujarat – the largest producer of the commodity in country with more than 25 percent share in Indias total production. As per the Cotton Association of India (CAI) estimate, cotton production in the country is expected at 33.51 million bales (170 […]

The Covid-19 vaccine from Gennova Biopharmaceuticals would be reasonably priced, according to the company, which acquired emergency use authorization (EUA) from India's medicines regulator on Wednesday.

The House Fund is a pre-seed and early-stage venture capital fund based in Berkeley, California (US) that invests in AI-focused startups from the UCB ecosystem.

Analysts at IIFL Capital Services visited the BDD chawl redevelopment project at Worli, the largest residential construction project in India, and met the contractor’s consortium to assess the progress on the project and its effect on the Mumbai real-estate market.

Power Grid Corporation of India on Thursday announced that its board will meet on 6 July 2022, to consider fund raising upto Rs 6,000 crore via issuance of bonds, on private placement basis.

With a partial investment made prior to the coronavirus epidemic, Carnival Cinemas intends to launch 100 screens.

Capital markets regulator SEBI has decided to allow foreign portfolio investors to trade in the exchange-traded commodity derivatives segment. Foreign Portfolio Investors (FPIs) will be allowed to trade in all non-agricultural commodity derivatives and select non-agricultural benchmark indices. Initially, FPIs will be allowed only in cash-settled contracts. The participation of FPIs in Exchange Traded Commodity Derivatives (ETCD) market is expected to enhance liquidity and market […]

SEBI has already permitted institutional investors participate in exchange-traded commodity derivatives, including Category III alternative investment funds, portfolio management firms, and mutual funds.