Coronavirus | Mastercard commits ₹250 crore for SME related initiative
This is an extension of Mastercard’s expanded worldwide commitment to financial inclusion. Mastercard has committed…
Industries
Stay on top of the latest Industries news, trends and stocks to watch across a wide range of industries, including banks and finance, airlines, energy, retail …
Microsoft Acquires CyberX To Boost IoT Security Capabilities
Microsoft Corp. (MSFT) said Monday it is acquiring CyberX, a cybersecurity startup focused on developing…
Passenger vehicle sales decline 87% in May as lockdown hampers offtake: FADA
Two-wheeler sales declined 88.8% to 1,59,039 units last month as compared with 14,19,842 units in…
‘Can dilute 10-15% more in Adani Green’
Talking to 2 investors, says group chairman; renewable arm wins $6 bn order for 8…
Adani Green Energy Ltd bags world’s largest solar contract worth $6 billion
To develop 8 GW of solar project and 2 GW of additional solar cell and…
Routinely work with digital players; no other activity to report, says Airtel on reports of Amazon investment
According to a report by Reuters, Amazon is in early-stage talks to buy a stake…
Biocon’s partner Mylan receives favourable ruling for device in U.S.
Clears hurdle for patenting Biocon’s Insulin Glargine. Biocon Ltd. today announced that the U.S. Patent…
40% travel, tourism firms staring at complete shutdown risk in next 3-6 months: Report
The report said that 81% travel and tourism companies have lost their revenue up to…
Cabinet okays NBFC liquidity plan
Scheme is a non-starter, says industry body FIDC The Union Cabinet on Monday approved a…
Sundial Growers To Sell Bridge Farm Group To Investor Group For About C$90 Mln
Canadian cannabis company Sundial Growers Inc. said it has agreed to sell its U.K. asset,…
Tech to decongest cafeteria operations during peak hours, enabling social distancing
As countries across the world prepare to start lifting the lockdown, organisations are gearing up…
Ethos Cannabis To Buy Seven Medical Marijuana Dispensaries From 4Front Ventures
Ethos Cannabis, a Pennsylvania-based multi-state cannabis operator, said it has agreed to acquire the rights…
Debt and mutual funds
Why has the Reserve Bank of India opened a liquidity window for mutual funds? What…
As oil piles up, producers look to supertankers for storage
Supertankers charging five times normal price for oil storage Record amounts of oil is being…
Lenders approve Suzlon’s debt resolution proposal
Wind turbine supplier has an outstanding debt of ₹12,785 cr. Suzlon Energy has received lenders’…