GIC, TPG To Invest About $1 Billion In Retail Arm, Says Reliance Industries
GIC will invest Rs 5,512 crore for a 1.22% stake, while TPG Capital will invest Rs 1,838 crore to own a 0.41% equity sta... Read more
Investment Fund TPG To Invest Rs 1,837 Crore In Reliance Retail Ventures
This investment values Reliance Retail at a pre-money equity value of Rs 4.285 trillion Read more
Singapore's GIC To Invest Rs 5,512.5 Crore In Reliance Retail Ventures
GIC's investment will translate into a 1.22% equity stake in Reliance Retail on a fully diluted basis. Read more
French Food Major Danone Set To Grow Business In India Amid Slowdown
Danone had acquired a bunch of brands, including Protinex, Dexolac, and Farex, from Wockhardt in 2012 for Rs 2,600 crore... Read more
Supplied 9,000 Tonnes Of Steel For All-weather Atal Tunnel, Says SAIL
SAIL on Friday said it has supplied over 9,000 tonnes of steel for the all-weather Atal Tunnel which reduces the distanc... Read more
Sharp India's Non-executive Director Seiji Hayakawa Resigns From Board
The company also announced the appointments of Masahiko Nakagawasa, Abhijeet Bhagwat and Yoshihiro Hashimoto as addition... Read more
Mobile Phones To Get Costlier As Govt Imposes 10% Display Duty: ICEA
The objective of the PMP was to facilitate manufacturing of components indigenously and discourage imports thereafter. Read more
Indian-origin Brothers Pull Off Coup, Buy UK Supermarket Chain Asda
Pull off an acquisition bigger than the Tatas' Corus and JLR deals, will hold controlling stake while Amazon will own a ... Read more
Successful Resolution Applicants Cannot Be Allowed To Withdraw Offer: NCLAT
A three-member NCLAT bench said the sanctity of resolution process has to be maintained and such withdrawal by a success... Read more
Low-profile Indian Origin Brothers Buy British Supermarket Chain Asda
'We've been on the pumps, we've been stocking the shelves', say Mohsin and Zuber Issa. Read more
Google Says 97% App Developers Already Using Play Store Billing System
Google said Play's billing system will not be required for apps that sell physical goods Read more
Mahindra's Farm Equipment Sector Rolls Out Krish-e Centres In Maharashtra
M&M's Farm Equipment Sector (FES), a part of the USD 19.4 billion Mahindra Group, on Friday said it has rolled out K... Read more
Electric SUV From MG Motor India Hits 10 Cities, Including Coimbatore
Car-maker MG Motor India has now initiated the expansion for the electric SUV - MG ZS - in 10 cities, including Coimba... Read more
Long Weekend Brings Cheer To Hotels, Travel Firms As Demand Picks Up
Travel and airline executives say leisure demand is now slowly returning with an increase in bookings to popular getaway... Read more
BharatPe Aims Rs 1,000 Cr Loan Disbursal To Merchants This Fiscal
BharatPe has recorded disbursal of over Rs 80 crore in September 2020 and facilitated loan disbursals to the tune of Rs ... Read more