LiveKalpataru Project International Raised Rs 150 Crore Via NCD
Kalpataru Projects International Ltd, on 6 February, announced raising Rs 150 crore via the issuance of Non-Convertible Debentures (NCDs) on a private placement basis. The...
Category : BUSINESS
Bajaj Finserv Health Acquires Vidal Healthcare at an Enterprise Valuation of Rs 350 Crore
Bajaj Finserv Health Ltd, a wholly-owned subsidiary of Bajaj Finserv, entered into a share purchase agreement to acquire a 100% equity stake in Vidal Healthcare...
RBI Authorised Zomato’s Arm to Operate as Payment Aggregator
The Reserve Bank of India (RBI), on January 24, granted the certificate of authorisation to Zomato Payments, a wholly-owned subsidiary of Zomato Limited, to operate...
Bharti Airtel Prepays $1 Billion to DoT for 2015 Auction Dues
Bharti Airtel announced on Tuesday that the telecom operator prepaid Rs 8,325 crore or approximately $1 billion to the Department of Telecom (DoT) towards partial...
HDFC Bank Crosses 2 Crore Credit Cards in Force, First Bank in India to Hit the Milestone
India’s largest private sector bank, HDFC Bank, achieved the milestone of 2 crore credit cards in force (CIF) on Tuesday, becoming the first lender in...
Amazon Fined €32 Million in France over Alleged “Excessive” Employee Surveillance
France’s National Commission on Informatics and Liberty (CNIL) announced on Tuesday that it has fined Amazon France Logistique €32 million or nearly $35 million, saying...
L&T’s Heavy Engineering Unit Bags ‘Significant’ Domestic, Overseas Orders
Larsen & Toubro (L&T) announced on Tuesday that its Heavy Engineering (HE) subsidiary has won ‘significant’ orders in the domestic and international markets. In an...
Mahindra Logistics Announced Investment of Rs 170 Crore in a 6.5 Lakh sqft Warehousing Facility in Phaltan
On January 23, Mahindra Logistics Ltd announced the construction of its Rs 170 crore warehousing facility in Phaltan, Maharashtra. The new facility will be developed...
Lemon Tree Hotels Signs New 61-Room Property in Anjar, Gujarat
On Monday, Lemon Tree Hotels announced the signing of a new property under the Keys Select by Lemon Tree Hotels’ brand name in Anjar, Gujarat....
Elecon Engineering Won Rs 82.78 Crore Contract from ArcelorMittal Nippon Steel
Elecon Engineering announced on Monday that it had bagged a Rs 82.78 crore contract from ArcelorMittal Nippon Steel India Ltd in Surat. According to an...