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…
LIC’s housing finance subsidiary sanctions Rs 600 crore…
MUMBAI: At a time when most banks and non-bank lenders shy away from the real estate sector, the housing finance subsidiary of Life Insurance Corporation of India is going aggressive on developer financing. In the…
Wow! Momo raises Rs 45 crore in debt…
NEW DELHI: Quick service restaurant chain Wow! Momo has raised Rs 45 crore in debt funding from Anicut Capital, the Kolkata-headquartered company announced on Monday. The debt financing will be primarily utilised towards repayment of…
Regional rural banks incur net loss of Rs…
MUMBAI: Regional rural banks (RRBs) as a group reported net loss of Rs 2,206 crore in the fiscal year ended March 31, 2020, as against Rs 652-crore net loss in FY19, according to data published…
Franklin shuttered schemes have cash of Rs 8,262…
The six shuttered schemes of Franklin Templeton have received Rs 1,078 crore from maturities, pre-payments and coupon payments during the period 16-30 September 2020. This takes the total cash flows received till date since 24…
Ahead of IPO, CAMS raises Rs 666.57 crore…
Mumbai: Computer Age Management Services (CAMS) raised Rs 666.57 crore from a total of 35 investors ahead of the opening of its initial public offer on Monday. The anchor allotment was done at Rs 1,230…
SBI has distressed assets worth Rs 1.5 lakh…
The State Bank of India (SBI) has about Rs 1.5 lakh crore in distressed assets, according to Rajnish Kumar, chairman and managing director of the public lender. "We have the dubious distinction of having the…
Villgro announces upto Rs 10 crore funding through…
NEW DELHI: Villgro has announced its fourth edition of social startup discovery platform -iPitch. THis brings together the country’s incubators and investors to gain access to India's innovative and impactful startups. Social entrepreneurs can benefit…
Banks sanction Rs 1.63 lakh crore to 42…
New Delhi: The finance ministry on Sunday said banks have sanctioned loans worth over Rs 1.63 lakh crore to more than 42 lakh business units under the Rs 3-lakh crore Emergency Credit Line Guarantee Scheme…