LiveVascon Engineering Gets Approval to Raise Rs 125 Crore via QIP
Vascon Engineers Ltd on 30 November announced that its Board of Directors have considered and approved raising funds up to Rs 125 crore through qualified...
Category : BUSINESS
CEAT Ltd Receives a Rs 1.98 Crore GST Demand Notice
CEAT Ltd, on 30 November, announced that it had received a demand notice for GST of Rs 1.98 crore, along with a penalty from the...
Microsoft Joins OpenAI’s Board with a Non-voting Seat as Sam Altman Officially Returns as CEO
Sam Altman has officially resumed his role as CEO of OpenAI, marking his return with a memo outlining changes to the company’s board. Notably, Microsoft,...
Saya Group Plans to Invest Rs 4,000 Crore in Next 3 Years
Saya Group, on 28 November, announced that they are set to invest Rs 4,000 crore over a period of the next three years to develop...
Jubilant Foodworks Set To Acquire the Remaining Shares in DP Eurasia
Jubilant Foodworks, on 28 November, announced that its subsidiary, Jubilant Foodworks Netherlands BV, is set to acquire the remaining shares of DP Eurasia for 73.35...
BharatPe Turns Profitable as Its EBITDA Turns Positive
BharatPe, on 28 November, announced that it had turned EBITDA positive in October and has reached an annual revenue of Rs 1,500 crore. EBITDA (earnings...
MapmyIndia to Raise Funds Worth Rs 500 Crore Through QIP
MapmyIndia, on 27 November, announced that the board of CE Info Systems has approved raising funds worth Rs 500 crore through QIP (qualified institutional placement)....
Tata Advanced Systems Partners with Airbus to Bolster India’s Defence
Tata Advanced Systems has increased its collaboration with Airbus SAS to broaden India’s defence supply chain and introduce new products that align with India’s defence...
Berkshire Hathaway Divests from Paytm, Incurs a Rs 600 Crore Loss
The Warren Buffet-owned investment major, Berkshire Hathaway, has sold its complete stake in One97 Communications Ltd, which is a parent company of Paytm, through a...
PB Fintech Plans on Investing Rs 350 Crore in Policybazaar
PB Fintech Ltd, on 27 November, announced that it had invested Rs 350 crore in Policybazaar Insurance Brokers Pvt. Ltd, which is a wholly-owned subsidiary...