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Enterprise start-up Druva raises US$ 51 million from Sequoia, others Mumbai: Druva Incorporation, a data protection firm, has received US$ 51 million in a funding round led by its existing investor Sequoia Capital India along with new investor EDBI which is the investment arm of the Singapore Economic Development Boar...

Livemint September 29, 2016

RBL Bank gets Rs330 crore from UK's CDC Group New Delhi: RBL Bank Limited, an Indian private sector bank, has raised Rs 330 crore (US$ 49.6 million) from a UK-based development finance institution CDC Group Plc, which will help RBL to strengthen the capital base to meet future requirements and c...

Livemint September 28, 2016

Altico Capital invests Rs 500 crore in realty firm Nirmal Group Bengaluru: Altico Capital India Private Limited, a non-banking financial company (NBFC) has invested Rs 500 crore (US$ 75.2 million) in Mumbai-based realty firm Nirmal Group....

Livemint September 28, 2016

Sebi allows FPIs direct access to corporate bonds Mumbai: The Securities Exchange Board of India (SEBI) has allowed select categories of foreign portfolio investors (FPIs) to directly trade in the corporate bond market in India without brokers, with a view to develop the Indian corporate bond market...

Business Standard September 26, 2016

Huawei ties up with Flextronics to make smartphones in India New Delhi: Huawei, the China-based smartphone manufacturer, has entered into an agreement with solutions provider Flextronics Technologies (India) Private Limited, to manufacture its smartphones in India....

Livemint September 23, 2016
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