Reliance Industries To Sell 1.28% Stake In Retail Arm To US-Based KKR For ₹ 5,550 Crore

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Billionaire Mukesh Ambani-led Reliance Industries said on Wednesday that the US-based investment firm KKR will buy a 1.28 per cent stake in its retail arm, Reliance Retail Ventures, for ₹ 5,550 crore. The transaction gave Reliance Retail an equity value of ₹ 4.21 lakh crore, Reliance Industries said in a regulatory filing before market hours on Wednesday. The deal...

Rupee rises 33 paise to 73.33 against US dollar in early trade

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The rupee strengthened by 33 paise to 73.33 against the US dollar in opening trade on Friday as weak American currency and positive domestic equities buoyed investor sentiment. At the interbank forex market, the domestic unit opened at 73.47 against the US dollar, then gained further ground and touched 73.33, registering a rise of 33 paise over its previous...

Avanse Financial Services raises ₹250 crores through Government Initiatives

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₹100 crores through TLTRO 2.0 & ₹150 crores under Partial Credit Guarantee Scheme Mumbai, July , 2020: Avanse Financial Services Ltd. (Avanse), India’s new age, education-focused non-banking financial company (NBFC) has raised a total sum of ₹250 crores under government initiatives. ₹100 crores have been raised through the Targeted Long Term Repo Operation (TLTRO) window 2.0...

VirgoX Lists Canadian Dollar Stablecoin QCAD, Aiming to Establish a World Stablecoin Trading Center

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Press Release – updated: Jun 2, 2020 08:48 EDT TORONTO, June 2, 2020 (Newswire.com) – VirgoX announced that it will be partnering with Toronto based firm Canada Stablecorp to list QCAD, the first major Canadian dollar stablecoin on their exchange. Starting today QCAD...

VideoCoin Network Ushers in the Age of Mass Blockchain Adoption With Credit Card and Fiat Payments Allowing Anyone to Use Revolutionary, Low Cost, Decentralized Video Processing

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Network’s Proof-of-Stake Utility Token, VID, Lists on Bittrex Global Exchange in Conjunction with “Everest Milestone” Launch GEORGE TOWN, Grand Cayman, May 27, 2020 (Newswire.com) – The VideoCoin Development Association Ltd. today announced commercial availability of the VideoCoin Network, revolutionary video processing infrastructure that provides video service and application developers with...

United States Regulatory Uncertainty Continues to Prevent American Companies With Clear Token Utilities From Harnessing Levolution’s Technology

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The Rescue Token Would Have Provided a Mechanism for Restaurants to Survive Through COVID-19 by Sourcing Immediate Cashflow From Loyal Customers Press Release – updated: May 26, 2020 12:53 EDT GEORGE TOWN, Grand cayman, May 26, 2020 (Newswire.com) – For many...

China’s New Global Blockchain Value and Application Research Center to Launch ‘Global Blockchain Value and Application Ranking’ and Calls on Candidates From Around the World

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The Global Blockchain Value and Application Research Center was born out of the recent Global Blockchain Value and Application Seminar. Press Release – updated: May 26, 2020 10:00 EDT SHANGHAI, May 26, 2020 (Newswire.com) – Unifive Technology Group is pleased to...

Levolution’s LEVL Token is Set to Go Live on One of Blockchain’s Most Established Exchanges HitBTC

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Press Release – updated: May 25, 2020 08:00 EDT GEORGE TOWN, Grand Cayman, May 25, 2020 (Newswire.com) – Levolution (LEVL-BTC), trading at Coineal.com, P2PB2B.io, and Livecoin.net., has been gearing up to take on a momentous endeavor amidst the Coronavirus Pandemic. Though the pandemic...

Trustology is First Cryptoasset Custody Wallet Provider to Join Corda Network With LAB577’s DASL

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Press Release – updated: May 21, 2020 15:00 BST LONDON, May 21, 2020 (Newswire.com) – ​​Trustology, a London-based institutional cryptoasset custody firm dedicated to enabling global crypto adoption, today announces that it will be partnering with Digital Asset Shared Ledger (DASL) — a platform...

Bitcasino.io Raises 20BTC in Donations and Launches Charity Poker Tournament to Support Pandemic Relief

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Bitcasino.io and its community have raised 20BTC in support of COVID-19 relief, and have teamed up with the Pioneer Club and The Giving Block for a charity poker tournament. Press Release – updated: May 13, 2020 17:02 EDT TALLINN, Estonia, May 13,...