Mumbai,  Ujjivan SFB concludes Rs 475 crore of equity fundraise via Qualified Institutional Placement (QIP) mode.

The Bank's Board of Directors approved the allotment of 22,61,90,476 Equity Shares of face value Rs 10 each to eligible qualified institutional buyers at the issue price of Rs 21 per Equi

New Delhi, Siemens Digital Industries Software on Friday announced it has appointment Mathew Thomas as Country Manager and Managing Director for its India operations.

Thomas succeeds Suprakash Chaudhuri with immediately effect, the company said in a statement.

"His strong experience in bus

Tirupati,  Reliance Industries chairman and managing director Mukesh Ambani on Friday donated Rs 1.5 crore to Tirumala temple.

After offering prayers at the famous hill shrine, he presented the demand draft to Tirumala Tirupati Devasthanam (TTD).

The industrialist had darshan and participa

Chennai,  The employee unions in the public sector general insurance companies have reiterated their demand for a copy of the Ernst & Young (EY) report on the restructuring of the four companies.

The companies are: The Oriental Insurance Company Limited, National Insurance Company Limited, The New In

San Francisco,  An 18-year-old hacker has broken into the internal systems of Uber, reaching company tools including Amazon Web Services and Google Cloud Platform, and employees thought someone was playing a prank.

The hacker made himself known to Uber employees by posting a message on the company's

New Delhi,  Pune-based startup BuyHive, which offers a global B2B sourcing platform for small and midsized buyers, is now a case study on Harvard Business Publishing platform, it said on Friday.

The case study, titled 'BuyHive: A Digital Platform for the Transformation of Global Sourcing' focuses

New Delhi,  Akasa Air, India's newest airline, announced Delhi as the sixth destination on its network, adding to its existing network of Ahmedabad, Bengaluru, Kochi, Chennai, and Mumbai.

The newly-commencing flights on the Delhi-Bengaluru and Delhi-Ahmedabad routes will start on October 7, within tw

New Delhi,  The Insolvency and Bankruptcy Board of India (IBBI) has instituted a performance-linked incentive fee, not exceeding a total of Rs 5 crore.

This is being done to cut down on massive delays and for timely submission of resolution plan to the Adjudicating Authority.

The incentive

Kochi,  The wife of security guard who was killed by Mohammed Nisham , a beedi tycoon in Kerala, in a fit of rage as he rammed into him his Hummer luxury car, on Friday expressed happiness that Kerala High Court awarded life imprisonment to the accused.

Jamanthi, wife of security guard Chandrabose, told

New Delhi,  The Supreme Court on Friday issued notice to the Centre on petitions arising out of Delhi High Court split verdict on the issue of marital rape.

A bench of Justices Ajay Rastogi and B.V. Nagarathna said the court will examine the matter, as the position of law has been existing for quite a lo