Capital Infusion
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Microsoft Shares Slide as Cloud Forecast, AI Spending Disappoint
Despite beating quarterly overall sales estimates, investors want better results from the hundreds of billions of dollars that Wall Street heavyweights have been spending to build AI data centers and infuse their products with the emerging technology.
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After Bumper Profits, Centre Scraps Rs 30,000 Crore Capital Support To Oil Firms
The government has scrapped the Rs 30,000 crore equity infusion it had planned in state-owned fuel retailers after they made record profits in the fiscal year ended March 31, according to the Budget Finance Minister Nirmala Sitharaman presented today
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Web3-AI Firm ChainML Raises Over $6 Million in Funding as 2024 Sees Spike in Capital Inflow
ChainML, a Web3-enabled AI platform, is the latest company in the Web3 sector to have secured a notable investment. Led by Hack VC, this investment round fetched $6.2 million (roughly Rs. 51 crore) for ChainML, that aims to decentralise access to artificial intelligence (AI).
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Telecom Firms Surpass 3-Year 5G Rollout Target In 6 Months: Official
Both Reliance Jio and Bharti Airtel have been rolling out a 5G network across the country. However, debt-ridden Vodafone Idea is awaiting fund raise post which it will infuse capital for rolling out 5G services.
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Budget 2023: BSNL to Use Allocated Rs. 53,000 Crore for Upgrading to 4G, 5G Network
State-run BSNL will use about Rs. 53,000 crore in upgrading its network to 4G and 5G this year as well as revamping landline network across the country, Union Minister for IT and Telecom Ashwini Vaishnaw said on Wednesday. The Government has announced a capital infusion of Rs. 52,937 crore in BSNL during the next fiscal year starting April 1, 2023.
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Budget 2023: Rs 1.23 Lakh Crore Allocated For Postal, Telecom Projects
The government on Wednesday allocated Rs 1.23 lakh crore for postal and telecom projects including Rs 52,937 crore capital infusion in state-run BSNL.
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Capital Infusion In Vodafone Idea By Centre Under Discussion: Telecom Minister Ashwini Vaishnaw
Vodafone Idea (VIL), reeling under debt burden of over Rs 2 lakh crore, has opted for converting about Rs 16,000 crore of interest liability payable to the government into equity, which will amount to around a 33 per cent stake in the company.
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From Emergency Capital Infusions to Bankruptcy: How the Crypto Meltdown Hit These Companies the Hardest
Celsius Network, Voyager, Vauld, Blockfi, and Three Arrows Capital are some of the companies that were hit the hardest by the ongoing crypto meltdown that has seen the value of Bitcoin fall more than 56 percent from this year's high. These companies have been forced to seek emergency capital infusions, frozen withdrawals, or filed for bankruptcy. H...
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State-Owned Insurance Companies May See Up To Rs 5,000 Crore Capital Infusion
Government may infuse Rs 3,000-5,000 crore additional capital in the three public sector general insurance companies based on their performance
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After 6 Months, Foreign Portfolio Investors Turn Net Buyers In April
FPI Investment: After a six-month selling spree, foreign investors have turned net buyers in April so far by infusing Rs 7,707 crore in Indian equities as a correction in markets provided them with a good buying opportunity.
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When Tech Meets Human Expertise: How Sharekhan Is Helping Traders Achieve Their Goals?
Technology has been a critical enabler for capital markets. However, only a few players have etched their mark, like Sharekhan. They brought a heady infusion of the most advanced technology platform and experienced, wellrounded relationship managers. They help you to achieve your financial goals effortlessly.
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Government To Infuse Funds In "Weak" Banks: Report
Weak lenders like Central Bank of India and Punjab & Sind Bank will get majority share of Rs 15,000 crore earmarked for fund infusion in banks
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RBI To Allow Banks To Infuse Capital In Overseas Branches Without Its Prior Permission
The Reserve Bank of India (RBI) on Wednesday said that lenders -- meeting will be allowed to infuse or pull back funds in their overseas branches without seeking its prior approval, subject to fulfilling of certain regulatory capital requirements.
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Tata Motors Zooms 19% On TPG's Investment In Electric Vehicles Subsidiary
The first round of capital infusion will be completed by March 22 and the entire funds will be infused by end of 2022, Tata Motors said in a regulatory filing to the stock exchanges.
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Cabinet Clears Development Finance Institution With Capital Infusion Of Rs 20,000 Crore
Finance Minister Nirmala Sitharaman announced that the Development Finance Institution will help raise long-term funds and the capital infusion this year will be Rs 20,000 crore
-
Microsoft Shares Slide as Cloud Forecast, AI Spending Disappoint
Despite beating quarterly overall sales estimates, investors want better results from the hundreds of billions of dollars that Wall Street heavyweights have been spending to build AI data centers and infuse their products with the emerging technology.
-
After Bumper Profits, Centre Scraps Rs 30,000 Crore Capital Support To Oil Firms
The government has scrapped the Rs 30,000 crore equity infusion it had planned in state-owned fuel retailers after they made record profits in the fiscal year ended March 31, according to the Budget Finance Minister Nirmala Sitharaman presented today
-
Web3-AI Firm ChainML Raises Over $6 Million in Funding as 2024 Sees Spike in Capital Inflow
ChainML, a Web3-enabled AI platform, is the latest company in the Web3 sector to have secured a notable investment. Led by Hack VC, this investment round fetched $6.2 million (roughly Rs. 51 crore) for ChainML, that aims to decentralise access to artificial intelligence (AI).
-
Telecom Firms Surpass 3-Year 5G Rollout Target In 6 Months: Official
Both Reliance Jio and Bharti Airtel have been rolling out a 5G network across the country. However, debt-ridden Vodafone Idea is awaiting fund raise post which it will infuse capital for rolling out 5G services.
-
Budget 2023: BSNL to Use Allocated Rs. 53,000 Crore for Upgrading to 4G, 5G Network
State-run BSNL will use about Rs. 53,000 crore in upgrading its network to 4G and 5G this year as well as revamping landline network across the country, Union Minister for IT and Telecom Ashwini Vaishnaw said on Wednesday. The Government has announced a capital infusion of Rs. 52,937 crore in BSNL during the next fiscal year starting April 1, 2023.
-
Budget 2023: Rs 1.23 Lakh Crore Allocated For Postal, Telecom Projects
The government on Wednesday allocated Rs 1.23 lakh crore for postal and telecom projects including Rs 52,937 crore capital infusion in state-run BSNL.
-
Capital Infusion In Vodafone Idea By Centre Under Discussion: Telecom Minister Ashwini Vaishnaw
Vodafone Idea (VIL), reeling under debt burden of over Rs 2 lakh crore, has opted for converting about Rs 16,000 crore of interest liability payable to the government into equity, which will amount to around a 33 per cent stake in the company.
-
From Emergency Capital Infusions to Bankruptcy: How the Crypto Meltdown Hit These Companies the Hardest
Celsius Network, Voyager, Vauld, Blockfi, and Three Arrows Capital are some of the companies that were hit the hardest by the ongoing crypto meltdown that has seen the value of Bitcoin fall more than 56 percent from this year's high. These companies have been forced to seek emergency capital infusions, frozen withdrawals, or filed for bankruptcy. H...
-
State-Owned Insurance Companies May See Up To Rs 5,000 Crore Capital Infusion
Government may infuse Rs 3,000-5,000 crore additional capital in the three public sector general insurance companies based on their performance
-
After 6 Months, Foreign Portfolio Investors Turn Net Buyers In April
FPI Investment: After a six-month selling spree, foreign investors have turned net buyers in April so far by infusing Rs 7,707 crore in Indian equities as a correction in markets provided them with a good buying opportunity.
-
When Tech Meets Human Expertise: How Sharekhan Is Helping Traders Achieve Their Goals?
Technology has been a critical enabler for capital markets. However, only a few players have etched their mark, like Sharekhan. They brought a heady infusion of the most advanced technology platform and experienced, wellrounded relationship managers. They help you to achieve your financial goals effortlessly.
-
Government To Infuse Funds In "Weak" Banks: Report
Weak lenders like Central Bank of India and Punjab & Sind Bank will get majority share of Rs 15,000 crore earmarked for fund infusion in banks
-
RBI To Allow Banks To Infuse Capital In Overseas Branches Without Its Prior Permission
The Reserve Bank of India (RBI) on Wednesday said that lenders -- meeting will be allowed to infuse or pull back funds in their overseas branches without seeking its prior approval, subject to fulfilling of certain regulatory capital requirements.
-
Tata Motors Zooms 19% On TPG's Investment In Electric Vehicles Subsidiary
The first round of capital infusion will be completed by March 22 and the entire funds will be infused by end of 2022, Tata Motors said in a regulatory filing to the stock exchanges.
-
Cabinet Clears Development Finance Institution With Capital Infusion Of Rs 20,000 Crore
Finance Minister Nirmala Sitharaman announced that the Development Finance Institution will help raise long-term funds and the capital infusion this year will be Rs 20,000 crore
