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Bill Gates, along with a few of his billionaire friends, has launched a US$1 billion fund to support research into energy technologies that will help us address climate change. (Photo: AP)

Bill Gates backs Central America malaria elimination plan with USD 31...

New money would also help leverage more than $100 million in domestic financing and $39 million of existing donor money...

25 Jan 2018 2:41 AM GMT

Twenty-one banks, majority owned by New Delhi, account for more than two-thirds of the banking assets in Asias third-biggest economy.

Govt pushes state banks to find own funding sources

Including restructured or rolled over loans, all banks in India had a total 9.5 trillion rupees of soured loans.

3 April 2018 7:13 AM GMT

Paytm has updated its app to launch Indias first APP POS, which will democratise digital payments. (Photo: Representational Image)

Paytm raises USD 1 billion in fresh funding

Accounts advised by T Rowe Price Associates were among the new investors for the fund, Paytm said in a statement.

25 Nov 2019 6:47 AM GMT

Huawei would spend $2 billion as part of efforts to address security issues raised in a British government report earlier this year. (Photo: AP)

Oxford suspends research funding from China's Huawei

It's another setback for Huawei's image in Europe, an important market for the company.

20 Jan 2019 6:37 AM GMT

Custom-designed chips power top-tier smartphones from companies such as Apple Inc and Huawei Technologies Ltd. But they are costly to design and difficult to make, requiring huge teams of engineers and years to complete, with special design software that can cost millions of dollars a year. (Representative image)

London remains top destination for European tech funding

Technology companies in London attracted 1.8 billion pounds ($2.3 billion) in venture capital funding.

9 Jan 2019 4:58 AM GMT

SpaceX is working on a version of its Dragon capsule that will carry crew to the space station, perhaps as early as next year (Photo: AFP)

SpaceX granted nearly USD 300 million by US Department of Defense

The investment will see SpaceX launch three crucial missions, including the NROL-87, NROL-85, and AFSPC-44 missions.

21 Feb 2019 10:54 AM GMT

Being the first baby to be born in-flight for the airline, Jet Airways has offered him a free lifetime pass for all his travels.

Decision on funding to Jet Airways will be on collective basis, says...

The airline has already defaulted on repayments on external commercial borrowings due to the paucity of funds.

14 March 2019 9:52 AM GMT

Fund managers believe mutual funds, which are considered popular and convenient investment tools, have advocated asset allocation-based strategies to make the journey smoother for investors.

Drivezy in talks to raise USD 100 mn funding, eyes international...

Drivezy (formerly JustRide) has till date raised equity investments of USD 31 million.

12 March 2019 10:08 AM GMT

Shailender Singh Monti said that the civic body will put dedicated efforts to provide better sanitation services in hundred markets. (Representational image)

MSME lender Aye Finance raises fresh funding of Rs 234 cr

Existing investors CapitalG, LGT and MAJ Invest also participated in this series D equity round, the company said in a...

8 March 2019 1:31 PM GMT

Recently, the US warned its allies against using Huawei technology. (Photo: ANI)

US intelligence says Huawei funded by Chinese state security: report

The CIA accused Huawei of receiving funding from China's National Security Commission.

20 April 2019 9:35 AM GMT

The shake-up led to consolidation, with Vodafone Plc merging its Indian operations with Idea Cellular last year in a deal worth $23 billion.

Foreign investors may invest Rs 18,000 cr in Voda Idea rights issue:...

Vodafone Idea cleared planned Rs 25,000-crore rights issue at Rs 12.50 per share, a steep 61 pc discount from market...

7 April 2019 11:29 AM GMT

Grofers works closely with 4,000-5,000 small merchants who help the company fulfill its orders.

Grofers raises USD 200 mn led by SoftBank Vision Fund for market...

This represents the largest primary financing round in the online grocery sector in India, Grofers said in a statement.

15 May 2019 12:44 PM GMT