* Banks turn to bulk deposits to meet credit demand on tepid retail FDs.
* Reliance Capital lenders' counsel asks Hindujas to roll out the IBC plan.
* Promoter sells 5.2% stake in Aavas Financiers via open market for Rs 570 crore.
* Big Basket aims to turn profitable in 8 months; eyeing IPO in 2025.
* Matrix Gas & Renewables raises Rs 350 crores in the pre-IPO round.
* States borrowing cost falls to a 32-week low of 7.40 percent.
* Services sector PMI eases in Feb to 60.6 from 61.8 in Jan.
* Alok Ind raises Rs 7,000 crore from RIL, two banks for expansion & repayment of high-cost debt.
* Cybersecurity startup Axonius raises $200 million from returning investors.
* GenAI startup Ema secures $25 million in funding led by Accel, Prosus.
* Exly raises $6.2 million in the latest funding round led by Chiratae Ventures.
* HCL Group invests Rs 166 crore in edtech firm Education Initiatives.
* Bloomberg to add Indian bonds to emerging market indices in January 2025.
* RBI bars JM Financial from financing against debentures and shares.
* Paytm will overcome regulatory setbacks, says Vijay Shekhar Sharma.
* Adani Power receives creditors' approval for Lanco Amarkantak Power buy.
* On the road to IPO, Udaan saw sales of over 2.25 billion products in 2023.
* Byju's investors file caveats in SC expecting a challenge to NCLT's order.
* GE Healthcare plans to launch 40 new products across the spectrum.
* CIEL Group acquires strategic stake in Courseplay and plans IPO in FY25.
* More than 2,500 fraud connections are being cut daily, say DoT officials.
* Banking system liquidity goes into surplus mode after three months.
* Govt notifies FDI norms for space; move may bring in $44 bn by 2033.
* MCA starts a comprehensive review of auditing standards and regulations.
* BSE may buy out S&P Dow Jones Indices' entire 50% stake in the joint venture.
* TCS, Infosys face election uncertainty in UK, US: CLSA.
* mPokket raises Rs 500 crore debt from BPEA Credit.
* Wipro partners with General Motors, and Magna to develop an automotive software marketplace, SDVerse.
* BHEL receives Rs 9500 crore order from NTPC for Singrauli Super Thermal Power Project expansion.
* Securitisation of loans originated by small finance banks to cross Rs 10,000 cr in FY2024, says ICRA.
* Tata Power Solar Systems and Union Bank renew partnerships to offer financing solutions.
* FCI may raise a Rs 15,000-crore short-term loan this fiscal.
* 30 banks join the RBI UDGAM portal for unclaimed deposits.
* Sibanye Reports $2 Billion Loss After US Mine Impairment.
* Gopal Snacks IPO: Rajkot-based company raises ₹194 crore from anchor investors.
* Indians buy gold bonds worth a record ₹8,000 cr in February.
* Sri Lanka's debt restructuring plan could be completed by June: Officials.
* Greenko acquires GI Hydro's Sikkim project for an enterprise value of ₹1,000 crores.
* PM Modi unveils development projects worth ₹19,600 crore in Odisha's Chandikhole.
* Swiggy partners with IRCTC to provide food delivery service on Indian Railways.
* Govt likely to consider tax cuts on flex-fuel vehicles.
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