LiveOla has raised Rs 670 crore from Ratan Tata backed fund
RNT Capital Advisors which is Ratan Tata’s venture fund and US hedge fund Falcon Edge have invested Rs 670 crore (USD100 million) in Ola. According...
Category : Latest News
BPL associates with Amazon to sell electronics
BPL has partnered with Amazon foe selling its products on the e-commerce platform. It has said in a statement that the Bengaluru based company would...
DHFL aims to raise Rs 22,000 cr through NCDs
DHFL has been planning to raise up to Rs 22,000 crore through issuing non convertible debentures (NCDs) on a private placement basis for funding the...
MakeMyTrip aims to raise USD 330 mn through share sale
MakeMyTrip, an online travel firm has said that it is going to raise USD 330 million (over Rs 2,115 crore) through share sale to investors...
SeQuent’s Vizag plant receives EIR from USFDA
SeQuent Scientific has got an establishment inspection report (EIR) from the United States Food and Drug Administration (USFDA) for their animal active pharmaceutical ingredient (API)...
Bajaj Auto sales decreases 0.3%, exports jump 46%
For the month of April, Bajaj Auto has posted a decrease of 0.3 percent in its total sales to 3.29 lakh units as compared with...
IRB InvIT Fund raises Rs 2,100 crore from anchor investors
IRB InvIT Fund has raised around Rs 2,100 crore from anchor investors ahead of its initial public offering. According to a statement, the InvIT Fund...
Reliance Infratel receives shareholders’ approval for tower biz demerger
The subsidiary of Reliance Communications, Reliance Infratel, has got shareholders’ approval for demerger of its tower division into Towercom Infrastructure Private Ltd (TIPL). RCOM has...
Bharti Enterprises has appointed Soumen Ghosh as MD of Financial Services
Soumen Ghosh has been appointed by Bharti Enterprises as its Managing Director of Financial Services business. The financial services unit does include the insurance businesses...
Chambal Fertilisers receives board approval to sell ship for USD 24.5 mn
The board of Chambal Fertilisers and Chemicals Ltd has provided its approval for the sale of one of its ships to Liberian company Railto Navigation...