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Diesel price cut by 20 paisa for second consecutive day, petrol unchanged

After the price revision, diesel sold at Rs 89.47 a litre in the national capital, 40 paisa lower than the record high of Rs 89.87 a litre

Hashnode raises $6.7 mn in Series A fundraise led by Salesforce Ventures

This funding follows a $2.1 million seed funding round in December 2020.

RBI to buy Rs 5,000 cr of bonds from secondary market under G-SAP on Aug 26

The bonds that the RBI plans to buy mature between 2026 and 2035, including the benchmark 5-year and 14 year bonds

Mandaviya launches Arogya Dhara 2.0 to increase reach of Ayushman Bharat

The minister launched three initiatives - Adhikar Patra, Abhinandan Patra, and Ayushman Mitra

India's exports rise nearly 40% in second week of August, shows data

Engineering goods witnessed the maximum increase during the week, owing to higher demand from US and Italy

Suryoday Small Finance Bank eyes Rs 1,000-crore quarterly disbursements

It has already seen an increase in disbursement to level of Rs 360 crore in July, on par with disbursement in April-June 2021

Nayara Energy raises Rs 2,285 cr via NCDs, issue sold out twice over

Proceeds of the issue will be utilised for refinancing of existing debt, routine capex and general corporate purpose

Indian Immunologicals to make drug material for 10 mn Covaxin doses a month

IIL has repurposed its manufacturing unit in Hyderabad, procured key raw materials and consumables apart from equipment at 'breakneck' speed; production commenced in July

Biconomy launches Hyphen, an instant cross-chain transaction platform

The system will offer fast value transfers between Ethereum and Polygon, and enable quick onboarding from Layer-1 networks to Layer-2 networks

YES Bank's shares hit 52-week low intraday to Rs 11.89

In the June quarter of financial year 2021-22 (Q1FY22), the lender posted a profit of Rs 210 crore due to lower provisions

Robotics firm Miko raises $28 mn from existing and new investors

The new funds will be used to fund product development and strengthen global alliances as the company builds a strong global brand.

IRCON's consolidated Q1 net profit up over 2.5 times to Rs 88.99 crore

Total income during the period under review was Rs 1,175.54 crore, up from Rs 549.29 crore in the same months of FY21.

NPCI appoints Noopur Chaturvedi as CEO of Bharat Bill Pay Ltd

Prior to joining NPCI, Chaturvedi was country head at PayU and chief-corporate business alliances at Airtel Payments Bank

SBI MF launches open-ended dynamic asset allocation fund

The fund would manoeuvre across equity for long-term wealth creation and fixed income to provide stability to the overall scheme portfolio.

Two Blackstone staffers win Rs 74 lakh in firm's charity contest

The award money will support Bal Gurukul, IDF's flagship project that provides supplementary after school education programmes to needy children

MSCI rejig could trigger $160 mn outflows from domestic markets: Edelweiss

While the global index provider hasn't added or deleted any Indian stocks, it has reduced weights of bluechip firms RIL, Infosys and HDFC

Crypto exchange WazirX sees huge rise in users from tier-2 & 3, women

Exchange has over 7.3 mn users, has clocked over $21.8 bn in trading volume in 2021 till date; Tier-2 and 2 cities have driven 55% of total user sign-ups in 2021

BlackSoil invests Rs 20 cr across 3 deals in Loanzen, SVCL and CMS IT Svcs

BlackSoil currently manages an alternative credit platform consisting of an RBI-registered NBFC and three SEBI-registered AIFs

CarTrade offering bought 20 times; late buying helps Nuvoco Vistas

The response to both issues was modest when compared to recent IPOs

Canada's Brookfield to buy 30-acre land in Navi Mumbai for Rs 600 crore

Real estate experts said the price paid by Brookfield is in line with the market