LiveTata’s Plan To Buy Coffee Day’s Vending Business Hits Hurdle
Yes Bank and Rabobank, lenders to Coffee Day Global Ltd (CGDL), have urged repayment of their entire dues for granting a no-objection certificate (NOC) to the...
Category : BUSINESS
Blackstone Buys $7.5 Bn Credit Investing Firm DCI
Blackstone Group Inc. has acquired technology-driven credit investment firm, DCI which manages $7.5 billion worth of assets, according to a statement on Monday. It will become...
Indian SaaS Firms Set To Rake In $18-20 Bn Revenues By 2022
The revenues of Indian software product companies are expected to touch $18-20 billion by 2022, doubling their share in the global Software-as-a-Service (SaaS) market to around 7-9%,...
Shapoorji Pallonji Real Estate Eyes Co-Living, Student Housing Projects
Mumbai-based Shapoorji Pallonji Real Estate plans to start shared living and student housing projects for diversifying its portfolio and to capitalize on an alternative asset class targeting...
HCC JV Bags Rail Projects Worth Rs 236 crore in Mizoram
Hindustan Construction Company Ltd. (HCC Limited) in a joint venture with Vensar Constructions Company Ltd. (VCCL) has bagged two orders worth Rs 236 crore from the Northeast Frontier...
Omega Seiki Mobility Plans to Launch Electric Tractor, Cargo Pick-Up Truck
Anglian Omega Group’s Omega Seiki Mobility aims for bringing multiple electric products including two-wheelers, a four-wheeler cargo vehicle and a tractor in over next two years, a...
Baba Ram Dev on Ruchi Soya’s Board, Brother Ram Bharat as MD
Indian yoga guru Swami Ram Dev, his younger brother Ram Bharat and Acharya Balkrishna close aide of Ram Dev will be on the board of Ruchi Soya Industries Ltd. which...
Foreign Direct Investment Rises 140% In Q2
Foreign direct investment (FDI) into India in the July-September quarter rose a gigantic 140 per cent on year at $23.4 billion. Total FDI inflows including equity...
Adani Group Bid Maximum to DHFL
Adani Group outbid US-based asset management company Oaktree Capital with Rs 33,000 crore bid for Dewan Housing Finance Corporation Ltd. (DHFL), but rival bidders want Adani to be out...
Heranba Industries Eyes Rs 1,200 Cr Revenue In FY21
Agrochemical firm Heranba Industries, which is planning to enter the capital markets quickly, is anticipating Rs 1,150-1,200 crore income in 2020-21 because the financial actions are...