Other Deals
The privatisation of BPCL has been stalled with just one bidder left in the fray after two others walked out over issues such as lack of clarity in fuel pricing. The government had planned to sell its entire 52.98%…
Other Deals
​​IDBI Bank has sold 6,23,23,800 fully paid-up equity shares constituting its entire stake of 19.18 % in the equity share capital of Asset Reconstruction Company (India) Ltd (ARCIL) to Avenue India Resurgence Pte.
Other Deals
Tata Steel has acquired 1.30 crore optionally convertible redeemable preference shares (OCRPS) having a face value of INR 10 each of associate firm, TRF. The transaction aggregates to INR 13 crore. Tata Steel now holds…
Other Deals
Avishkar Hyperloop, a student-led team from India, has secured funding and technical support from a private company for its 'Hyperloop Pod' developmental efforts. Based at IIT-Madras in Chennai, the team comprises 70…
Other Deals
Chennai-based BalaAatral Solutions has won grants worth INR 3 crore from the Ministry of Defence (MoD), to develop an Augmented Reality (AR)-Virtual Reality (VR) solution for airplane mechanics, and a VR-based training…
Other Deals
Privately-owned Finnish food and drink company Paulig has sold its operations in Russia to private Indian investor Vikas Soi, joining a scramble among Finnish companies to exit the country amid worries Moscow may seize…
Other Deals
Kolkata-based consumer electronics retailer Great Eastern Retail has taken charge of 15 stores of Delhi-based retailer Sargam Electronics by settling the rent dues at the locations for over six months, talking on rolls…
Other Deals
US basketball star Chris Paul and American football players Larry Fitzgerald and Kelvin Beachum have invested in Indian Premier League cricket team Rajasthan Royals. The three US athletes will be minority investors in…
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Cochin Shipyard Limited (CSL) is committed to investing an initial corpus of INR 50 crore in start-up companies engaged in the maritime sector.
Other Deals
Vedanta is in talks with banks to raise debt of $2.5 billion-$3 billion to bolster its semiconductor and display manufacturing plans. The oil-to-metals conglomerate decided in February to diversify into chip…
