US announces $775 million aid package to Ukraine to fight against Russia
Amid the ongoing Russian invasion on Ukraine since months, the United States on 19 August for the first time said it will give Ukraine Scan Eagle surveillance drones, mine-resistant vehicles,…
Yes Bank invested in startups incubator Venture Catalysts
On Wednesday, Yes Bank invests in Venture Catalysts Group Funds (Venture Catalysts), which is an integrated incubator that offers funding, mentorship, and network to startup founders from the idea inception…
Telecom companies paid part dues of 5G spectrum
India’s three private wireless operators have paid ₹17,855 crore as advance payments for the spectrum bought in an auction earlier this month, exceeding government estimates from the sale for the year.…
Insolvency plea against Future Enterprises filed in NCLT
Debt-ridden Future Enterprises Ltd said an operational creditor of the company has filed a plea before the National Company Law Tribunal to initiate insolvency proceedings against it.Future Enterprises Ltd (FEL),…
Vivo money laundering case: Delhi HC allows companies to operate bank accounts
The Delhi High Court on Wednesday allowed a batch of petitions seeking de-freezing of their bank accounts and permission to operate. These petitions were moved in a money laundering case…
ADIA to invest Rs 665 cr in Aditya Birla Health Insurance for 9.99% stake
The boards of Aditya Birla Capital and Aditya Birla Health Insurance have approved a proposal of capital infusion to the tune of Rs 665 crore in the later from a subsidiary of…
Jet Airways sees over two-fold rise in standalone net loss to Rs 390 crore
Jet Airways reported net loss of Rs 390 crore for Q1FY23 as compared to Rs 129 crore in the year ago period. The full service carrier's revenue from operations declined 83%…
Department of Telecom extends spectrum payment date to August 17
The Department of Telecom has extended the due date to August 17 for entities to make the payment for the spectrum acquired by them in the recently-concluded auctions. The due date has…
Adani Group plans to invest Rs 57,575 crore in two Odisha projects
The Adani Group is planning to invest Rs 57,575 crore in Odisha with the state government approving its proposal to set up two projects — a 4 million metric tonnes per annum (MMTPA) Integrated…
Paytm Q1 results: Net loss increases to ₹644 crore, revenue rises 89%
Digital financial services firm One97 Communications, which operates under the Paytm brand, on Friday said its consolidated loss widened to Rs 644.4 crore in the first quarter ended June 30. The company…
