LivePiramal Enterprises plans to demerge healthcare, financial services
According to a top company official, Piramal Enterprise is going to demerge its healthcare and financial services businesses soon. Ajay Piramal, Piramal Enterprises Chairman has...
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Wipro Ventures has invested in Tradeshift
Wipro’s investment arm, Wipro Ventures has invested in Tradeshift which is a business commerce platform. It has said in a statement that “Wipro Ventures has...
Ndidi Nwuneli has been appointed by GCPL as Additional Director
Ndidi Nwuneli has been appointed by the FMCG firm Godrej Consumer Products Ltd (GCPL) as an additional director with effect from April 1. Pirojsha Godrej...
HDFC aims to raise Rs 35,000 crore through NCDs
HDFC Ltd, the mortgage lender proposes to raise Rs 35,000 crore through NCDs for funding the business expansion. HDFC has said in a regulatory filing...
Suven Life has received patent for anti-neuro degenerative drug
Suven Life Science has been approved a patent by the US for a drug to cure neuro- degenerative diseases. Suven Life has said in a...
JSPL has secured 0.5 mtpa coal supply for sponge iron units
Jindal Steel and Power Ltd (JSPL) has secured long-term coal linkage of 0.5 million tonnes per annum for its sponge iron units. Jindal Steel &...
Ashoka Buildcon has received Rs 117 cr power project in Bihar
Ashoka Buildcon has received a power project worth Rs 116.72 crore in Bihar. Ashoka Buildcon has said in a BSE filing that “The company has...
Flipkart aims to cut monthly spend to $20 million
Flipkart, India’s largest online retailer is aiming to cut its monthly expenditure by half as it prepares to raise fresh capital of Rs 3,400-5,400 crore...
Warburg Pincus has bought 14% stake in PVR for Rs 820 crore
Warburg Pincus which is a leading global private equity firm has announced that its affiliates have acquired an equity stake of approximately 14 percent in...
Tata firm is going to invest in Rs 5,900 crore Swan LNG project
Tata Realty and Infrastructure Ltd has been taking 10 percent stake in a Rs 5,900 crore floating LNG import terminal being set up by Swan...