LiveGoa Investment Promotion Board Sanctioned 6 projects for Rs 310 Crore
The Goa Investment Promotion Board (IPB) has permitted a “mini-India theme park” and five new projects worth Rs 310 crore, which would also serve nearly...
Category : BUSINESS
Cashfree Payments Acquires Checkout Platform Zecpe
Payment gateway platform Cashfree Payments has acquired one-click checkout platform Zecpe for an undisclosed amount. Zecpe, which will operate as a wholly-owned subsidiary of Cashfree...
Rain Industries Reports Turnaround Q4 Numbers
Rain Industries stated a combined net profit of Rs 89.52 crore in Q4CY22 against a net loss of Rs 96.96 crore posted in Q4CY21. Revenue...
Singapore Airlines to Take 25.1% Stake in Enlarged Air India Group
The SIA deal with Tata Sons (Tata) will inject S$360 million ($267 million) into Air India. SIA will take a 25.1% stake in the enlarged...
Adnoc Gas Boosts IPO Size to About $2.5 Billion Amid High Demand
Abu Dhabi National Oil Company (ADNOC) will raise its stake in its gas business to 5% from 4% in an initial public offering, the national...
Dr Reddy’s Acquires Mayne Pharma’s USA Prescription Portfolio for $105 Million
Dr Reddy’s Laboratories (DRL) has entered into a definitive agreement to acquire Australia-based Mayne Pharma Group’s US generic for an upfront payment of $90 million...
SpiceJet to Demerge Cargo Arm by April 1, Convert Carlyle’s Debt to Equity & Raise Funds via QIP
SpiceJet will demerge its freight business to subordinate SpiceXpress & Logistics into a new corporation by April 1, the corporation said in a regulatory filing...
Centre to ask HZL for Share Swaps, Wareants for $2.98 Billion Vedanta Deal
Centre may request Hindustan Zinc Ltd (HZL) to deliberate options, besides cash, like share swaps, rights issues, or warrants for the $2.98 billion acquisition of...
Blue Star Receives Rs 100 Crore Grant from Promoter Ashok Advani for R&D Activities
On Friday, air conditioning and refrigeration company Blue Star Ltd announced that its honorary chairman and promoter Ashok M Advani had given the company a...
Global Recycling Firm Gravita India Signs MoU to Set Up Rs 40 Crore Plant in Oman
On Friday, global recycling company Gravita India Ltd announced that it had signed an MoU to set up a Rs 40 crore battery recycling plant...