Tuesday, November 2, 2021

Paytm to raise about Rs 8,250 crore from anchor investors

This anchor round will be the largest India has ever seen, say insiders

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COP26: India will reach net zero emissions by 2070, says PM Modi

Modi also upped the renewable energy target of the country to 500 Gw by 2030

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Kotak Special Situations Fund to invest Rs 1,000 cr in Sify Infinit Spaces

Investment will be in Compulsorily Convertible Debentures, which turn into equity based on Sify's operational performance over a specified period

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Parliament panel may call Facebook whistleblowers to India: Tharoor

Frances Haugen, a former Facebook data scientist-turned-whistleblower, has alleged that the social network giant's products harm children and fuel polarisation in the United States

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Bankers in a state of shock after former SBI chairman Chaudhuri's arrest

State Bank says deal on which Chaudhuri was arrested was done after he retired; ex-SBI chairman Rajnish Kumar calls arrest vendetta; pathetic, blasphemous say others

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Monday, November 1, 2021

Saudi Aramco net income surges 160% on rise in oil price, demand

Aramco shares were up 1 per cent in early trade after the company disclosed its results

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EU, US end clash over steel, aluminium tariffs, to work on global deal

Biden said the deal immediately removed tariffs on the European Union steel and aluminium, imposed by the previous administration, and lowered costs to US consumers

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G20 agrees on 1.5 degrees Celsius target, but leaves COP26 with a lot to do

No mention of 2050 as deadline; leaders agree to end finance support for dirty coal plants by December-end

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India's low score on GVC a starting point for recovery from pandemic: AIIB

India rated 7.4 percentage points below the average global value chain participation rate for emerging economies from Today's Paper ht...