Ola raises around $16 million from J3T Ventures, HBM Investment, others

Ola raises around $16 million from J3T Ventures, HBM Investment, others

SoftBank-backed Ola has raised another tranche of around $16 million from at least nine new investors, including J3T Ventures and HBM Investment in its ongoing Series J round, according to documents filed with the Registrar of Companies (ROC) and sourced...
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HPCL Share Sale: PwC, 4 Others In Race To Become Transaction Adviser, Says Report

HPCL Share Sale: PwC, 4 Others In Race To Become Transaction Adviser, Says Report

New Delhi: PwC, JM Financial and ICICI Securities are among the five consultants vying to become transaction adviser to the government’s over Rs. 33,000 crore stake sale in Hindustan Petroleum Corporation Limited (HPCL) to Oil and Natural Gas Corpora...
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Dual Camera Maker Corephotonics Receives $15 Million Investment From Samsung, Foxconn, Others

Dual Camera Maker Corephotonics Receives $15 Million Investment From Samsung, Foxconn, Others

Israeli firm Corephotonics, specialised in making dual camera setups for smartphones, has managed to raise a whopping $15 million in a funding round. The biggest investors in the company include Foxconn, Samsung, and MediaTek. The investment is significant as ...
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Xiaomi Mi Note, Mi Max, Mi 4c, Mi 4s, Others to Receive Android Nougat Update

Xiaomi Mi Note, Mi Max, Mi 4c, Mi 4s, Others to Receive Android Nougat Update

Xiaomi officials have confirmed that the Android Nougat update is coming for its smartphones. The Xiaomi Mi 4c, Xiaomi Mi 4S, and Xiaomi Mi Note will be among the first to receive the update followed by the Xiaomi Mi Note...
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BSE Tweaks Circuit Limit Of Transport Corporation, 15 Others

BSE Tweaks Circuit Limit Of Transport Corporation, 15 Others

New Delhi: To curb excess volatility, leading stock exchange BSE on Friday tweaked the circuit limit for share movement of 16 companies, including Transport Corporation of India. The new limits, effective September 12, will ensure stock prices do not go...
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BlackBerry to Raise $605 Million From Shareholder Fairfax, Others

BlackBerry to Raise $605 Million From Shareholder Fairfax, Others

Troubled smartphone maker BlackBerry said it would raise about $605 million (roughly Rs. 4,062 crores) by selling convertible debentures to shareholder Fairfax Financial Holdings and other investors. The Canadian company will also redeem on September 2 roughly...
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