News Overview

Business Wire India China corporate spend start-up Fenbeitong has raised $140 million in a Series C+ Funding round, becoming the latest unicorn in the China SaaS industry. The funding round was led by DST Global. Existing investors Hillhouse, Ribbit, Stau, Glade Brook, and Bit Rock were joined by new investors including D1 Capital Partners, WhaleRock, Saudi Aramco’s P7 Ventures, and Emergence, bringing the total investment […]

Besides the newly appointed independent directors, other members of the board are Dr. R Kishore Kumar, Founder & Executive Director, Rohit MA, Co-Founder & Executive Director, Mr. Satish Chander, Non- executive Director, Mr. Nitin Agarwal, Non-Executive Director, Mr. Bharat Singh, Non-Executive Director, Mr. Raviganesh, CEO & Executive Director.

The Telecom Regulatory Authority of India (TRAI) released the telecom subscription data for December 2021 on 17 February 2022.

ITI Ltd recorded volume of 24.93 lakh shares by 14:19 IST on NSE, a 13.89 times surge over two-week average daily volume of 1.79 lakh shares

The benchmark indices pared gains in mid-afternoon trade. At 14:30 IST, the barometer index, the S&P BSE Sensex, rose 63.61 points or 0.11% at 58,060.29. The Nifty 50 index gained 28.90 points or 0.17% at 17,351.10. In the broader market, the S&P BSE Mid-Cap index rose 0.05% while the S&P BSE Small-Cap index lost 0.29%. The market breadth was negative. On the BSE, 1,485 shares […]

Here is the stock market performance at 2:30 PM today.

The World Bureau of Metal Statistics (WBMS), stated in a latest update that the global nickel market was in deficit during January to December 2021 with apparent demand exceeding production by 144.3 kt. In the whole of 2020, the calculated surplus was 84.0 kt. Reported stocks held in the LME (Including Off warrant stocks) at the end of December 2021 were 177.4 kt lower than […]

Japan posted a merchandise trade deficit of 2,191.1 billion yen in January, the Ministry of Finance said on Thursday, following the downwardly revised 583.3 billion yen deficit in December (originally a 582.4 billion yen deficit). Exports gained 9.6 percent on year, down from 17.5 percent in the previous month. Imports surged an annual 39.6 percent, after spiking 41.1 percent a month earlier. Powered by Commodity […]

Puravankara said that Provident Housing (PHL), a 100% subsidiary of Puravankara Group, will be debuting in Kerala with its first residential offering Provident Winworth in Kochi.

Business Wire IndiaRailway key officials, engineering and design consultants, EPC contractors, join steel producers, steel technocrats, steel material scientists at the annual event being held on 23rd February 2022 in Delhi organised by FIRST Construction Council. As per the Economic Survey released by the finance ministry, the performance of the steel industry is pivotal to the growth of the economy. India’s crude steel production increased […]