Wed, Sep 30, 2020 11:11 AM
Uber considering acquisition of Daimler-BMW’s Free Now ride service: Report
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The Securities and Exchange Board of India (Sebi) has given approval to CRISIL ESG Ratings & Analytics Limited to provide environmental, social and governance (ESG) ratings. CRISIL ESG Ratings & Analytics Limited, which is a wholly owned subsidiary of CRISIL Ratings Limited has been approved as a Category 1 provider of ESG ratings, the rating firm said on Thursday.
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Adani Green Energy, which is looking to develop a 25 gigawatt portfolio by 2025, is in advanced talks with Rabobank, MUFG, SMBC and DBS for a $400 million loan, according to people familiar with the development. The loan is likely to be priced at a secured overnight financing rate (SOFR) plus 250 basis points with a five-year tenor, they said. A basis point is a hundredth of a percentage point.
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Norwest Venture Partners backed by US financial giant Wells Fargo has raised its 17th global fund of $3 billion, the Menlo Park, US-based firm said Thursday. The early-to-mid-stage investor that has backed 700 companies globally focuses on three major markets - USA, Israel and India. It has $15.5 billion of assets under management.
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