Infrastructure
RP-Sanjiv Goenka Group to split CESC into four listed firms
The diversified RP-Sanjiv Goenka Group plans to split flagship company CESC Ltd into four listed firms that will focus on ......
TMT
Mobile wallets losing momentum, UPI soars six months after note ban
The sudden uptick in digital payments following the most disruptive reform measure in recent memory had turned out to be ......
Healthcare
Strides Shasun to acquire 50% stake in two Vivimed companies
Drugmaker Strides Shasun Ltd has agreed to acquire a 50% stake each in two wholly owned subsidiaries of Hyderabad-based Vivimed ......
TMT
Fairfax-backed Quess Corp hikes stake in Heptagon Technologies
Fairfax-backed business services provider Quess Corp Ltd, which was previously known as IKYA Human Capital Solutions Ltd, has increased its ......
Infrastructure
Nadir Godrej, Anand Piramal back luxury homes developer Isprava
Mumbai-based luxury homes developer Isprava Vesta Pvt. Ltd said on Tuesday it has raised Rs 11 crore ($1.7 million) in ......
Finance
Six months on, demonetisation blues seem a thing of the past
On 8 November 2016, Prime Minister Narendra Modi thrust a bitter pill down the nation’s throat to cure it of ......
Finance
IFC to invest $125 mn in two Mahindra Group companies
International Finance Corporation plans to invest $125 million (Rs 800 crore) in two financial services companies of the diversified Mahindra ......
Manufacturing
Novelis sells 50% in South Korea unit to Kobe Steel for $315 mn
Aluminium rolling and recycling firm Novelis Inc, which is a wholly owned subsidiary of Hindalco Industries Ltd, has ......
Finance
IFC plans $350 mn debt investment in HDFC, Bajaj Finance
International Finance Corporation (IFC) plans to invest a total of $350 million in mortgage lender Housing Development ......
People
Nisaba Godrej to take over as Godrej Consumer chairperson
Nisaba Godrej, Executive Director, Godrej GroupGodrej Group patriarch Adi Godrej is stepping down as the executive chairman of the ......