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in BUSINESSFuture Retail to raise up to Rs 650 cr to reduce debt by issuing non-convertible debentures
New Delhi: Debt-ridden Future Retail on Wednesday said its board has approved raising up to Rs 650 crore by issuing non-convertible debentures (NCDs) to pare debt. The NCDs will be issued on a private placement basis in one or more tranches, Future Retail said in a BSE filing. Future Retail approves raising up to Rs […] More
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in BUSINESScash management bills: RBI to raise Rs 80,000 crore via cash management bills
The Reserve Bank of India will raise Rs 80,000 crore by selling Cash Management Bills (CMBs) or shorter duration sovereign debt instruments on Thursday as the government would be requiring money to meet immediate debt obligations amid coronavirus outbreak. Those securities will mature in the next 84 days on August 20, 2020. “This will help […] More
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Kenny Loggins performs ‘Footloose’ at an empty Hollywood Bowl to raise money for Covid-19 relief
The artist performed Saturday night at the iconic Hollywood amphitheater and sang some of his biggest hits, including “Footloose,” the single he co-wrote for the hit 1984 Kevin Bacon film of the same name. The unique concert was part of an ongoing fundraiser, RWQuarantunes, which takes place each weekend on a private Zoom call. Talent […] More
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in NEWS
Tiger Woods-Phil Mickelson match with NFL stars could raise $10M for coronavirus relief
Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. The purpose is to raise $10 million or more for COVID-19 relief efforts, and provide entertainment with four of the biggest stars from the PGA Tour and NFL. Another appeal to the Sunday made-for-TV exhibition, “The Match: Champions for […] More
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in SPORTS
Real Madrid, Bayern Munich and Inter Milan to Stage European Solidarity Cup to Raise Funds for Medical Facilities
Real Madrid (L), Bayern Munich (C) and Inter Milan. (Photo Credit: Reuters) Real Madrid, Bayern Munich and Inter Milan will play each other in a round-robin group in the European Solidarity Cup, the proceeds from which will go to medical facilities in Italy and Spain. AFP Madrid Last Updated: May 19, 2020, 4:54 […] More
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in BUSINESS
Tata Power Company Ltd.: Tata Power seeks shareholders’ nod to raise authorised share capital
NEW DELHI: Tata Power on Friday sought shareholders’ approval for raising its authorised share capital by Rs 200 crore to Rs 779 crore. The company has proposed to increase its authorised share capital from Rs 579 crore (divided into 350 crore equity shares of Re 1 each and 2.29 crore cumulative redeemable preference shares of […] More
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in SPORTSCyclist Amit Samarth cycles indoors to raise Rs 2 lakhs for Maharashtra Police on frontline of COVID-19 crisis
Over the last few weeks, the COVID-19 pandemic has put a dampener on most celebrations around the world. But despite all the restrictions, Amit Samarth wanted to make his 40th birthday on 5 May a memorable one. A few weeks before his birthday, Samarth arrived at a fitting celebration to mark his special day. While […] More
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Coronavirus Outbreak: Sonakshi Sinha to auction her artwork to raise funds for those affected by lockdown
Sonakshi Sinha will auction her artwork to raise money for those affected by the coronavirus outbreak in the country. The nationwide lockdown has affected the livelihoods of many and the proceeds from this auction will be used to provide them with essential items like groceries, according to Mumbai Mirror. (Click here to follow LIVE updates on coronavirus […] More
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in SPORTS
GM P Iniyan to Organise ‘Chess Marathon’ to Raise Funds for Covid-19 Relief
P Iniyan (Photo Credit: Twitter) P Iniyan will organise a three-day event with the money collected going to the PM CARES Fund and the state Chief Minister’s relief fund. PTI Last Updated: May 12, 2020, 8:37 PM IST Grandmaster P Iniyan will be organising a ‘Chess Marathon’ from May 15 to […] More
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in SPORTS
Shooter Shivam Thakur to Part Ways with Hardik Pandya’s Gift to Raise Funds for Struggling Athletes
Shivam Thakur (Photo Credit: Twitter) Shivam Thakur will put up his cricket kit for auction including a pair of pads which were gifted to him by India all-rounder Hardik Pandya. IANS Kolkata Last Updated: May 17, 2020, 4:15 PM IST He is still trying to make a name for himself, but […] More
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in NEWS
World AIDS Vaccine Day 2020: Bill Clinton’s speech in 1997 birthed the concept; HIV advocates mark day to raise awareness on need for vaccine
World AIDS Vaccine Day or HIV Vaccine Awareness Day is observed on 18 May to spread awareness regarding the importance of a vaccine to prevent HIV. World AIDS Vaccine Day was first celebrated in May 1998. Observed by the National Institute of Allergy and Infectious Disease (NIAID), the day began being marked after then president […] More
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in NEWS
With US economy at virtual standstill due to COVID-19, Donald Trump, Joe Biden’s presidential campaigns raise $61 million, $60 million respectively in April alone
Washington: US President Donald Trump’s re-election campaign raised an impressive USD 61.7 million in April while his Democratic rival and former vice president Joe Biden collected USD 60.5 million at a time when the world’s biggest economy has come to a virtual standstill and over 33 million Americans have lost their jobs. Follow LIVE on Coronavirus […] More
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