LiveGM strikes deal with GlobalFoundries to secure US-made chips
On Thursday, General Motors Co and chipmaker GlobalFoundries Inc announced a long-term deal to secure US-made processors that will enable it to avoid factory-halting chip...
Category : BUSINESS
Greaves Cotton to Acquire Excel Controlinkage for Rs 385 Crore
Diversified engineering firm Greaves Cotton said on February 9 that it would acquire a 100% stake in motion control systems company Excel Controlinkage Pvt Ltd...
Sebi to Auction Assets of Infinity Realcon, Sunheaven Agro on March 13
Capital markets regulator Sebi said on Thursday it would auction nine properties belonging to four companies – Infinity Realcon, Bharat Krishi Samriddhi Industries, Ravi Kiran...
Jio-Bp Launches E20 Petrol with 20% Ethanol
Jio-bp, the fuel and mobility joint venture between Reliance Industries Ltd and Britain’s bp, has launched petrol blended with 20% ethanol to align with government...
Apax Partners to Buy Up to 40% Stake in Quest Global
PE Group Apax Partners plans to obtain a significant minority stake in Quest Global Services, a leading engineering subcontracting firm, after outspending the only other...
Adani Prepay $500 Million Loan to Banks
Adani Group plans to prepay a $500 million loan unpaid next month to a group of banks as the Indian multinational looks to strengthen its...
Reliance, BPCL Among Buyers of Russian Oil Using UAE Currency
Indian refiners, including Reliance Industries Ltd, Bharat Petroleum Corp Ltd and Nayara Energy Ltd, used the United Arab Emirates dirham to pay for the shipping...
India to Open UPI Payments for Foreign Tourists, Starting at Airports for Tourists from G20 Countries
The Reserve Bank of India (RBI) has proposed allowing foreign tourists to make merchant payments through the United Payments Interface (UPI) while in India. The...
Polaris Smart Metering Raises $100 Million in Funding from I Squared Capital
Singapore-based private equity firm I Squared Capital has developed a monitoring stake in Polaris Smart Metering Pvt Ltd, which possesses Gram Power Pvt Ltd, through...
TCS Secures $700 Million Deal from British Life Insurer, Largest Deal of the Fiscal Year
Tata Consultancy Services Ltd has secured its biggest UK deal in three years through an insurance services provider agreement. London-based Phoenix Group Holdings Plc has...