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Dubai based Gibraltar Technologies acquires HCL Infotech

Dubai-based technology company Gibraltar Technologies (GT) has announced the acquisition of HCL Infotech for 74.6 million dirhams. GT in its statement said, "The company along...

ICICI Bank invests over Rs 1 crore in Thillais Analytical

ICICI Bank on Tuesday said, "It has acquired 9.6 percent stake in Thillais Analytical Solutions Pvt Ltd." In a filing with the exchange, ICICI Bank...

Adani Port completes acquisition of Dighi Port for Rs 705 crore

Adani Port and Special Economic Zone have said, "It has completed the acquisition of Dighi Port for Rs 705 crore, and will invest over...

Govt receives Rs 310 cr by releasing shares in the Engineers India buyback program

Department of Investment and Management Secretary Tuhin Kanta Pandey on Tuesday said, "The Indian Government has received Rs 310 crore by releasing its shares...

Adidas AG announce to divest Reebok

Sportswear company Adidas AG on Feb 16 announced to divest its wholly-owned subsidiary brand Reebok after acquiring the company in 2006. Adidas AG in its...

Report: Byjus to acquire Toppr Technologies for $150 mn

India's leading online learning platform Byjus is reportedly acquiring its rival Toppr Technologies. Quoting sources familiar with the deal, Bloomberg on Monday reported, "Byjus is...

Geojit partners with Lotusdew to launch small, mid-cap basket using AI

Geojit Financial Services has announced its partnership with Loctusdew to launch small, mid-cap stock baskets that use behavioral finance and AI to identify dominant...

Reports: Panos Kakoullis to join Rolls Royce as CFO

Rolls Royce Holding Ltd will be appointing Former Deloitte partner Panos Kakoullis as its new Chief Financial Officer. According to the Sky News reports, "Rolls...

NHPC raises Rs 1500 crore through bonds

Public listed hydropower company National Hydroelectric Power Corporation Limited (NHPC) has raised Rs 1,500 crore through issuance of non-convertible taxable bonds." In a filing with...

Vedanta Resources Chairman Anil Agarwal collabs with Centricus to create a $10 bn fund

Vedanta Resources Limited, Executive Chairman Anil Agarwal said, "He has partnered with London-based firm Centricus to create a $10 billion fund." In a series of...

Bosch Limited posts 12% profit before tax in Q3 FY 20-21

Leading technology and services supplier Bosch Limited on Thursday, reported a 12.1 percent Profit before tax (Before EI) for Q3 FY 2020-21. In a statement...

U GRO Capital raises Rs 178 core in debt, loan disbursal stood at Rs 2,000 cr

Small business lender U GRO Capital on Thursday said, "It has raised an incremental of Rs 178 crore in debt, for a total of...

BHEL receives order from the Indian Navy

Lending engineering company Bharat Heavy Electrical Ltd (BHEL) on Thursday said, "It has received an order from Indian Navy for supplying two Super Rapid...

NIIFL commits to invest $100 mn from New Development Bank into NIIF Fund of Funds

The National Investment and Infrastructure Fund Ltd (NIIFL) has said, "It will invest $100 million from the New Development Bank (NDB) into the NIIF...

IRB Infrastructure Developers eyes for Rs 2,220 crore through NCDs

IRB Infrastructure Developers on February 10, said, "It will raise Rs 2,220 crore through issuance of non-convertible debentures (NCDs). In a filing with the exchange,...

Electronic Arts acquires Glu Mobile for $2.1 bn

U.S based online gaming giant Electronic Arts (EA) has announced the acquisition of Glu Mobile for $2.1 billion. EA in its press release said, "Under...

Irrigation Association of India applauds Union Budget 2021-22

In our country, water scarcity is a big challenge as almost 54% of India is facing high to extreme water stress and as agriculture...

VerSe Innovation secures $100 mn from Qatar Investment Authority and others

The parent company of Dailyhunt and short video app Josh, VerSe Innovation has raised $100 million in its fresh round funding. Led by Qatar Investment...

Adani Airports acquire 23% stake in Mumbai International Airport

Adani Airport Holdings (AAHL) has acquired 23 percent stake of Mumbai International Airport (MIAL) for Rs 1,685.25 crore." In a filing with the exchange, Adani...

Biopharmaceutical company Almirall appoints Gianfranco Nazzi as new CEO

Barcelona based, a biopharmaceutical company that focused on Skin Health, Almirall has announced the appointment of Gianfranco Nazzi as its new CEO and Executive...

FCC suggested Ministry of Finance to allow 74% FDI insurance sector

The Union Finance Minister Nirmala Sitharaman on Monday announced an increase in Foreign Direct Investment (FDI) limit in the insurance sector from 49% to...

Tata Steel BSL partners with FarEye to accelerate its digital transformation goals

India based steel company, Tata Steel BSL has announced its partnership with FarEye to improve its in-plant and in-transit visibility, optimize transportation costs, mitigate...

Terra captures the Asian market with a Technology-first approach

South Korea-headquartered decentralized finance platform, Terra, today announced the nine winners of the "Think with Terra Ideathon" a four-month-long program that challenged Indian developers...

Aviom India secures Rs 10 crore in debt round funding

Aviom India Housing Finance has raised Rs 10 crore in debt round funding from BlackSoil India Credit Fund. "The company plans to distribute Rs 250...

Budget 2021: Reactions from Industry, Market Experts, Startup founders, Analysts, and Others

In a bid to boost the pandemic hit economy, through the multiple investment announcement in the sectors like Health, Infrastructure, Education, Startups, Automobile among...

Budget 2021: Reactions from Infrastructure & Real Estate Sector

Union Finance Minister Nirmala Sitharaman on Monday tabled the first paperless Union Budget for 2021-22 in the parliament. Here are some reactions of experts from...

Budget 2021: FM Sitharaman proposes Rs 3,768 crore for digital census

Presenting the Union Budget 2021 in the parliament, Finance Minister Nirmala Sitharaman has proposed to allocate Rs 3,768 crore to conduct a digital census...

Budget 2021: Rs 4,000 crore proposed for rural infrastructure developments

Presenting the Union Budget 2021 in the Parliament, the FM Nirmala Sitharaman on Monday proposed to allocate Rs 40,000 crore for rural infrastructure development. "1,000...

Budget 2021: FM Sitharaman allocates Rs 15,700 crore to the MSMEs sector

Finance Minister Nirmala Sitharaman has proposed an allocation of Rs 15,700 crore for the Ministry of Micro, Small, and Medium Enterprises. Speaking on the fund...

Budget 2021: FM Nirmala Sitharaman reveals plans for disinvestment, PSU privatization

Revealing the plan for disinvestment and privatization, Finance Minister Nirmala Sitharaman on Monday announced to divest two PSUs and one general insurance company. "All disinvestment,...

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