2020 Financial News

New Delhi: Bengaluru-based fintech firm Perfios has acquired Chennai-based open finance platform Fego.ai, two people aware of the development told Mint. The discussions started during Global Fintech Fest 2023 in Mumbai recently. The deal was closed this week.

MUMBAI : Adani Green Energy Ltd, which is planning to raise $1.5 billion, may secure a big chunk of it from French energy giant TotalEnergies SE, two people aware of the matter said. The Gautam Adani-led group’s renewables firm will use $750 million of this amount to repay bonds. “Adani Green has got an approval to raise $1.5 billion this fiscal for capex and debt repayment.

consumer spending by anywhere from $9 billion a month to $70 billion a year. And that’s before accounting for the recent uptick in gasoline prices, which are now at their highest since October. Retailers must be pretty concerned about how this will effect shoppers, right? Well, yes and no.

AustralianSuper-backed Federation Mining has called in Jarden to find a new owner or capital partner for its Snowy River Gold Mine project, Street Talk understands.

Despite a slowing legal market, law firms have maintained near-record graduate hiring levels this year, as a competitive labour market and a positive long-term outlook drive recruitment.

By Jason Lange

New York City’s pension funds and the state of Oregon are suing Fox Corporation over Fox News' 2020 election coverage

A Delhi court began hearing an UAPA case filed against Umar Khalid, Sharjeel Imam and several others from Monday. It pertains to the North East Delhi Riots that took place in 2020 amid protests over the over the Citizenship Amendment Act and National Register of Citizens. The matter will be heard by Special Judge Amitabh Rawat at the city's Karkardooma court on a day-to-day basis.

These eight mid cap schemes underperformed their respective benchmarks in 2020, 2021, and 2022. The mid cap schemes are benchmarked against Nifty Midcap 100 — TRI, Nifty Midcap 150 — TRI, and S&P BSE 150 MidCap — TRI.

Bitcoin (BTC) is recovering from a “black swan” event last rivaled by the March 2020 COVID-19 crash, data suggests.

India as 'Bharat' is not something that has come out of the blue. While there are speculations surrounding that the Narendra Modi-led government is likely to bring a resolution for changing India's official name to 'Bharat' during the special session of Parliament, scheduled from September 18-22. Back in 2020, a plea was filed by a Delhi-based man before the apex court, where he claimed that such an amendment will «ensure the citizens of this country to get over the colonial past». The Supreme Court of India had asked the centre to treat the plea, which sought a direction to amend the Constitution and replace the word India with 'Bharat' or 'Hindustan', as a representation. It contended that replacing the word India with 'Bharat' or 'Hindustan' will «instill a sense of pride in our own nationality.»

By Jonathan Stempel

Reliance Industries Chairman Mukesh Ambani on Monday informed investors that the valuation of Reliance Retail rose to Rs 8.28 lakh crore today, from Rs 4.28 lakh crore in 2020. Reliance Industries Ltd (RIL) recently announced that Qatar Investment Authority (QIA) will invest Rs 8,278 crore in its subsidiary Reliance Retail Ventures for a 1 per cent stake. In 2020, Reliance Retail Ventures raised Rs 47,265 crore by selling a stake to various global investors.

Bitcoin (BTC) on-chain activity is at levels last seen before its run to 2021 all-time highs, data shows.

Atlanta on charges related to efforts to overturn then-President Trump's loss in the 2020 presidential election in Georgia. The former New York mayor, was indicted last week along with Trump and 17 others. Fulton County District Attorney Fani Willis said they participated in a wide-ranging conspiracy to subvert the will of the voters after the Republican president lost to Democrat Joe Biden in November 2020.

By Tom Hals and Helen Coster

Over the lasy 3 years, the number of crorepatis in... moreOver the lasy 3 years, the number of crorepatis in India grew by nearly 58,000.

Nirmala Sitharaman on Thursday asserted that the National Education Policy (NEP) 2020 is flexible and is not imposed on states by the Centre. States can adopt the policy according to their requirements, she said at the launch event for 'Desia' and 'Kuwi' (tribal languages) primer books in Bhubaneswar, along with Union Education Minister Dharmendra Pradhan. «NEP is a flexible policy.

TORONTO — A report by KPMG in Canada says investment in Canadian fintech companies plunged in the first half of the year as valuations fell to levels not seen since the beginning of the pandemic.

primary education," said Basavaraj Bommai, BJP leader and former chief minister, reported HT. Siddaramaiah noted that opposition to the NEP had been voiced by multiple stakeholders, including students, parents, lecturers, and teachers.

Donald Trump and 18 allies were indicted in Georgia on Monday, accused of scheming to illegally overturn his 2020 election loss in the state. It's the fourth criminal case to be brought against the former president and the second this month to allege that he tried to subvert the results of the vote.