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UCO Bank schedules meeting to consider fund raising

The capital will be raised through various modes such as Follow on Public Offer (FPO), Qualified Institutional Placement (QIP), Preferential issue, right issue etc. The announcement was made on Saturday, 18 July 2020. Shares of UCO Bank settled 0.92% higher at Rs 13.15 on Friday. UCO Bank is a commercial …

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Vedantu raises USD 100 mn in funding

Online live tutoring company Vedantu on Thursday said has raised USD 100 million (about Rs 752 crore) in funding, led by US-based investment firm Coatue. The series D round, which saw participation from existing investors as well, has pushed Vedantu’s valuation to USD 600 million, it said in a statement. …

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Godrej Protekt introduces personal & home hygiene range with twelve products; partners with Indian Railways for hygiene-based safe rail travel program

To empower people to live fearlessly in the ‘new normal’, Godrej Protekt, India’s trusted hygiene brand from Godrej Consumer Products Limited (GCPL), introduces a complete personal and home hygiene range of twelve products. Offering 99.9% protection against germs, bacteria and viruses, the range includes Godrej Protekt Health Soap, Body Wash, …

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India, US CEOs indicates reforms to further boost bilateral investment opportunities across various sectors

A new set of reforms and policy recommendations were made by the top Indian and US CEOs at the India-US CEO Forum to further boost bilateral investment opportunities across various sectors. Union Commerce and Industry Minister Piyush Goyal and US Secretary of Commerce Wilbur Ross reiterated the extraordinary momentum developed …

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IIFL Finance Launches Digital Gold Loan

Customers could avail loan without visiting branch 100% online process which takes just a few minutes IIFL Finance, one of India’s largest non-banking finance companies has launched Digital Gold Loan, which allows customers to avail loans without visiting branch. Customers of IIFL Finance can easily avail top-up and renewal of …

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