Adani’s 34,000 crore PVC project in Mundra would be funded by a consortium of PSBs led by SBI. According to a report by The Hindu Businessline (BL), a group of banks led by the State Bank of India (SBI) have agreed to fund a significant portion of the 34,000 crore polyvinyl chloride (PVC) project in Mundra by the Adani Group. The PVC project is expected to reach a financial close by the middle of August with loan support from SBI. 

Tata Sons revealed plans to build a gigafactory in the UK with the ability to create 40GW of batteries yearly. Customers in the UK and Europe will receive electric mobility and renewable energy storage solutions thanks to the over £4 billion investment.

The company plans to announce on Wednesday that Skims has secured $270 million in a fresh investment round that values it at $4 billion. Investors valued the business at $3.2 billion last year, so this is an increase.

Research by PrivateCircle Research shows that more than a year after Shark Tank India Season 1, seven sharks invested in 27 of 65 committed agreements.

The ability to secure important clients is a critical differentiation for companies in the crowded enterprise robotics industry. SoftBank has placed a significant order with Hong Kong-based Rice Robotics.

JSPL, under the leadership of Naveen Jindal, is said to be engaging in discussions to secure funding of around $3 billion from credit funds and foreign banks. This capital infusion

Earnings reports from U.S. banks are set to begin, covering the period from April through June, marking the first full quarter of operations following the collapse of Silicon Valley Bank

In Q2 2023, institutional investments in the office sector reached $1.8 billion, the highest level over the previous 10 quarters, indicating continued investor confidence in the sector’s prospects for development and return.

Following a secondary share offering, digital lending platform Yubi, which is about to separate from parent company Vivriti Capital, was valued at $1.5 billion, according to two insiders who spoke to ETtech.

HDFC Bank, recognized as India’s largest private sector bank has accomplished an extraordinary feat by achieving interoperability between the United Payment Interface (UPI) and Central Bank Digital Currency (CBDC). Thanks

The largest global climate fund on the planet has taken a significant step forward by investing $235 million in a funding facility that will support water reuse in South Africa.

Through expanded cooperation with Microsoft, KPMG aims to invest $2 billion in artificial intelligence and cloud services across its business lines internationally over the next five years, the latest effort by a Big Four accounting firm to double down on the technologies.