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Abu Dhabi's Mubadala to invest $1.2 bn in Reliance's Jio Platforms, Silver Lake commits $600 mn more

TMT

05 June, 2020

Abu Dhabi's Mubadala to invest $1.2 bn in Reliance's Jio Platforms, Silver Lake commits $600 mn more

Reliance Industries Ltd said on Friday Abu Dhabi-based Mubadala Investment Company will invest Rs 9,093.60 crore ($1.2 billion)...

ReNew Power to acquire AI startup Climate Connect

Infrastructure

04 June, 2020

ReNew Power to acquire AI startup Climate Connect

ReNew Power Pvt. Ltd said on Thursday it has agreed to acquire Regent Climate Connect Knowledge Solutions Pvt. Ltd, an ......

SEBI again extends time for PE, VC funds to file regulatory disclosures

Finance

04 June, 2020

SEBI again extends time for PE, VC funds to file regulatory disclosures

The Securities and Exchange Board of India (SEBI) has extended again the time allowed to private equity and venture capital ......

Moody's downgrades India rating on growth risks, worsening fiscal position

Finance

01 June, 2020

Moody's downgrades India rating on growth risks, worsening fiscal position

Moody's Investors Service on Monday downgraded India’s foreign- and local-currency long-term ratings citing risks to...

VC firm Antler hires Urban Ladder co-founder Rajiv Srivatsa for India entry

Finance

01 June, 2020

VC firm Antler hires Urban Ladder co-founder Rajiv Srivatsa for India entry

Singapore-based venture capital firm Antler is starting its India operations and has appointed Urban Ladder co-founder Rajiv Srivatsa...

HCL Technologies to acquire network technology from Cisco for 5G push

TMT

29 May, 2020

HCL Technologies to acquire network technology from Cisco for 5G push

Software services company HCL Technologies Ltd said on Friday it will acquire products and services built on Cisco Systems Inc.’s...

Serum Institute parent sells Czech unit to Novavax for $167 mn

Healthcare

27 May, 2020

Serum Institute parent sells Czech unit to Novavax for $167 mn

Cyrus Poonawalla Group, the parent of vaccine developer Serum Institute of India Pvt. Ltd, has sold a Czech unit to ......

ITC to buy spice maker Sunrise in big-ticket deal

Consumer

25 May, 2020

ITC to buy spice maker Sunrise in big-ticket deal

Biscuits-to-cigarettes maker ITC Ltd has inked an agreement to acquire Kolkata-based packaged spices maker Sunrise Foods Pvt....

SEBI wants listed companies to disclose financial impact of pandemic

Finance

20 May, 2020

SEBI wants listed companies to disclose financial impact of pandemic

The Securities and Exchange Board of India said on Wednesday publicly listed companies should reveal the financial impact of the...

Premium
Microsoft may be scripting its biggest India investment

TMT

19 May, 2020

Microsoft may be scripting its biggest India investment

Microsoft Corp, the world's most-valued public company, is quietly sewing together what would be its single-biggest...