Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
Cabinet gives in-principle nod to PLI in 10…
New Delhi: The Union Cabinet on Wednesday has given in-principle clearance to Production Linked Incentives (PLI) scheme for ten sectors including white goods, auto, auto components and battery manufacturing wherein sops worth Rs 1.47 lakh…
Used two wheeler finance specialist WheelsEMI raises Series…
Mumbai: Two-wheeler finance specialist WheelsEMI has raised Rs 105 crore in series C funding amid rising demand for used two-wheelers post the pandemic. The Pune-based company secured the funding in a tough fundraising market from…
PNB lowers recast target; expects only Rs 20,000…
New Delhi: Punjab National Bank (PNB) on Tuesday lowered the debt recast target by 50 per cent to Rs 20,000 crore as there was not enough demand for restructuring approved by RBI a couple of…
Delhi-based LivFin raises Rs 35 crore from German…
MUMBAI- LivFin, an SME-focused tech-enabled supply chain fintech firm has secured Rs 35 crore from German development finance institution DEG, the company said on Tuesday. LivFin, promoted by the Family Office of SAR Group’s Rakesh…
Jio Payments Bank gets Rs 1 crore penalty…
Reserve Bank of India imposed a penalty of Rs 1 crore on Reliance Jio Payments Bank Limited for non-compliance with RBI directions on timely submission of application in the case of re-appointment of Managing Director…
Tech Mahindra to acquire Tenzing Group, Momenton for…
New Delhi: IT company Tech Mahindra on Friday said it will acquire complete stake in New Zealand-based Tenzing Group and Australian IT firm Momenton for a cumulative amount of around Rs 293 crore. The company…
Flipkart to invest Rs 1,500 crore in Aditya…
Walmart-owned Flipkart will invest Rs 1,500 crore for a 7.8% stake in Aditya Birla Fashion & Retail (ABFRL), which runs brands like Pantaloons, Allen Solly, Peter England, according to regulatory disclosures. On Thursday, ET was…
Centre approves Rs 3,737 crore bonus for 30…
NEW DELHI: The government on Wednesday decided to give Rs 3,737 crore bonus to 30.67 lakh central government employees to encourage spending during the festival season and add to demand in the economy. The decision…