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Tuesday, 22 March 2022 | PNS

PNB board to consider debt raising plan

New Delhi: Public sector Punjab National Bank will convene a board meeting later this month to decide on its capital raising plan through debt for the next fiscal year.


Affordable fertility facility

New Delhi: AffordPlan, a healthcare finance company, announced a partnership with Milann Fertility & Birthing Hospitals to extend affordable and accessible fertility treatments. AffordPlan's mission is to make healthcare finance easy and affordable, said Aditya Sharma, CEO of AffordPlan. "Since its inception, Milann's endeavour has been to redefine high-tech fertility care in India, said Shailesh Guntu, CEO of Milann Fertility & Birthing Hospitals.


Berkshire's $11.6B deal for Alleghany

New York : Warren Buffett's Berkshire Hathaway is buying the insurance company Alleghany in a deal valued at approximately USD11.6 billion. The acquisition will expand Berkshire's already considerable insurance holdings including brands like Geico auto insurance.


Crayon Motors' e-scooter Envy from Rs 64,000

New Delhi : Electric two-wheeler maker Crayon Motors on Monday launched its new low-speed, electric scooter model Envy at a starting price of Rs 64,000.

The e-scooter comes with features like keyless start, reverse assist, geotagging, digital speedometer, central locking, and mobile charging along with a large boot space, the company said in a statement.


Asian Granito's Rs 500-crore rights issue

                Mumbai : Sanitaryware major Asian Granito on Monday announced a Rs 500-crore rights issue to fund its expansion plans. Under this expansion, the company plans to set up three manufacturing units at an investment of around Rs 300 crore in luxury surfaces and bathware segments.


PhonePe announces acquisition of GigIndia

New Delhi : Digital payments platform PhonePe on Monday announced that it has acquired GigIndia, a network for freelance micro-entrepreneurs.

As part of the acquisition, GigIndia, which has 1.5 million entrepreneurs and over 100 enterprises as customers, will integrate with PhonePe, the company said in a statement.

It did not divulge the size of the buyout.


Inflection Point Ventures announces

USD 50 million VC fund

New Delhi : Inflection Point Ventures (IPV), an angel investment platform, on Monday announced the launch of its new fund Physis Capital that will have a corpus of USD 50 million (about Rs 380 crore). The new fund aims to build a portfolio of 15-20 startups with an average ticket size of USD 2.5 million, IPV said in a statement. The fund will actively invest in sectors like vertical commerce, consumer tech, social and content creator, business to business software as a service and enterprise tech, it added.

State Editions

DU wears festive look on poll day

23 September 2023 | Staff Reporter | Delhi

Students throng election booths

23 September 2023 | Staff Reporter | Delhi

Land allocation for utilities approved

23 September 2023 | Staff Reporter | Delhi

Musical fountain opens at first bamboo theme park in Capital

23 September 2023 | Staff Reporter | Delhi

Two members of Tyagi gang held for extorting money

23 September 2023 | Staff Reporter | Delhi

Sunday Edition

Environmental awakening | Gadgil's revealing memoirs

24 September 2023 | Kumar Chellappan | Agenda

‘Low-income nations ill-equipped for CVD fight’

24 September 2023 | Archana Jyoti | Agenda


24 September 2023 | PNS | Agenda

DECODED: How toxic proteins accumulate in Alzheimer's, Parkinson's?

24 September 2023 | The HEALTH PIONEER | Agenda

Astroturf | Dharana leads to Dhyana

24 September 2023 | Bharat Bhushan Padmadeo | Agenda

India’s healthcare in uncertain times

24 September 2023 | Dipanshu Nijanandi | Agenda