Business

HDFC Bank to raise funds by issuing AT-1 bonds in international markets

HDFC Bank will raise funds by issuing Additional Tier-1 bonds in the international markets. In July, the Board of Directors of the bank had contemplated...

Bike-taxi platform Rapido raises $50 mn

Bike-taxi platform Rapido on Monday announced it has secured $52 mn in its latest round of funding to make strategic investments in cutting-edge innovations,...

Nepal allows foreign investors to register companies

Foreign investors can register investment companies in Nepal but under certain strict conditions as per the new rules introduced by the Himalayan nation's government. Foreigners...

Apple should pay Optis $300 mn in patent dispute: US jury

A jury in the US has decided that Apple should pay $300 million to Optis Wireless Technology in a patent dispute. According to media reports,...

SpiceJet’s YoY Q1FY22 net loss widens to Rs 729 cr

Budget airline SpiceJet on Friday reported a net loss of Rs 729 crore in the first quarter of FY2022. The Q1FY22 net loss is higher...

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