LiveRIL to Acquire 79.4% Stake in US-Based SenseHawk for $32 Million
Reliance Industries Ltd (RIL) has acquired a majority stake of 79.4% in US-based SenseHawk Inc through primary infusion and secondary purchase, for $32million, the company...
Category : BUSINESS
HOP Electric Mobility to Invest Over Rs 200 Crore for Expansion
Ketan Mehta, Founder & CEO of HOP Electric Mobility, said that in the upcoming year, HOP Mobility would invest over Rs 200 Crore in new...
HAL-L&T Wins Rs 860 Crore Contract to Build 5 PSLV Rockets
The Hindustan Aeronautics Ltd–L&T consortium has won an Rs 860 crore deal from NewSpace India Limited to build five rockets, marking the industry’s foray into...
YES Bank might Acquire India’s First Ritz Carlton
NEL Holdings South Ltd, the current holding company of Bangalore’s iconic Ritz Carlton hotel, has failed to repay the Rs 300 crore. Which it owes...
GMR Infra BOD OKs Rs 6,000 Crore Fundraising Plan
GMR Infrastructure has approved in the board meeting for a capital raising plan of up to Rs 6,000 crore by issue of securities via qualified...
India’s Forex Reserves Decline Further by $3 Billion in One Week
According to RBI data, India’s foreign exchange (forex) reserves fell by $3.007 billion to $561.046 billion for the week ended August 26 dragged by a...
Sequoia-Backed Financing Platform Klub Marks Final Close of Its Rs 200 Crore Maiden Fund
Sequoia capital-backed income-based financing platform Klub marked the final close of its first Rs 200 crore income debt fund to support consumer tech companies ahead...
Hardeep Puri to Lead Delegation to Global LNG Meet in Milan Today
Petroleum and Natural Gas Minister Hardeep Singh Puri will lead an official delegation to Milan in Italy, from 5-7 September 2022, to attend Gastech Milan-2022,...
KPI Green Energy to Set Up 16.10 MW Hybrid Power Project in Bhavnagar
KPI Green Energy is ready to set up green hybrid capacities adding up to 16.10 MW at Bhavnagar, Gujarat. This initiative comes under the Gujarat...
Airtel and Odisha Utility Collaborate to Offer Bill Payment Solution
Bharti Airtel has announced its launching of the pilot project in partnership with Tata Power Northern Odisha Distribution. It aims to offer integrated bill payment...