LiveNissan India Drives in Compact SUV Magnite at Rs 4.99 Lakh
Nissan Motor India on Wednesday launched a highly technological and competitive compact vehicle in SUV segment Magnite at an introductory starting price of Rs 4.99 lakh...
Category : BUSINESS
Tata Digital Invests Rs 10 Cr in Govt’s Grameen e-Store
Tata Digital has reported that it has invested Rs 10 crore in the government’s rural e-commerce venture, Grameen e-Store. The company has purchased an undisclosed stake...
Goldman Sachs offered Rs 1,800 crore to Birla Group’s Kesoram
BK Birla Group’s Kesoram Industries is looking at reducing the debt to around Rs 1,800-Rs 1,900 crores after restructuring. Lenders to Kesoram include State Bank...
Salesforce Is Buying Workplace Messaging App Slack For $27.7 Billion
Salesforce is buying the workplace messaging app Slack for $27.7 billion, they announced on Tuesday. It is Salesforce’s largest acquisition ever and represents a more...
Flipkart India Narrows Losses to Rs 3,150.6 Cr in FY20
Walmart-owned Flipkart has narrowed its losses by 17.88 per cent to Rs 3,150.6 crore in India in FY20, as compared to a loss of Rs 3,836.8...
Tata Group to Buy 80% Stake in BigBasket for $1.3 Bn
The Tata Group is in advanced talks for buying around 80 per cent stake in BigBasket for around $1.3 billion, valuing India’s largest online grocery store at $1.6 billion,...
Tata’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...
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...