LiveMahindra Logistics Acquires B2B Express Business Rivigo Services
On Monday, Mahindra Logistics announced the acquisition of the B2B express business of Gurugram logistics company Rivigo Services, which will help the company accelerate its...
Category : BUSINESS
Adani Group to Invest $100 Billion in a Decade, Emphasis on Energy Transition
On Tuesday, the Adani Group announced that it would invest more than USD 100 billion in the next decade, with a substantial amount going into...
BigBasket to Raise $200 Million at a Valuation of $3.5 Billion
BigBasket, the Tata Digital-owned grocery firm, will soon raise USD 200 million at a valuation of USD 3 – USD 3.5 million. The financing is...
Jubilant Food Buys 29.42% Stake in Roadcast Tech
Jubilant FoodWorks informed in a September 26 exchange filing that it had acquired a 29.24% stake in Roadcast Tech Solutions Private Limited on a fully...
Reliance Jio 5G Smartphone Ranging from Rs 8k to Rs 12k
The forthcoming 5G smartphone from Reliance Jio will likely be priced between Rs 8,000 and Rs 12,000, respectively, once it has broad coverage. As per...
KKR-led $13 Billion Buyout of Australia’s Ramsay Health Crumples
A KKR & Co (NYSE:KKR) Inc-led group, has withdrawn a A$20 billion (USD 13 billion) bid for Australian hospital operator Ramsay Health Care after talks...
BMW Cuts Germany Gas Intake by 15%, Expects Slight Growth in 2023
On Monday, BMW said that it expects to reach the higher end of its 7-9 per cent margin target for the cars business and sees...
Faraday Future Reaches Agreement with FF Top, Chairperson to Step Down
On Monday, Faraday Future Intelligent Electric Inc reported that it had reached an agreement with its largest shareholder to resolve a governance dispute. It further...
BYD & Castrosua Collaborate to Build Electric Buses in Spain
On Monday, BYD, the electric vehicle manufacturer, signed a framework agreement with Castrosua, a bus and coach assembly specialist. The agreement establishes a cooperative partnership...
PVR to Invest Rs 350 Crore in 100 New Screens
PVR Cinemas, the film exhibition company, will likely invest up to Rs 350 crore to open 100 new screens in FY23. PVR also expects its...