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IFC plans to back Shapoorji Pallonji arm's solar plant in Egypt

Infrastructure

07 June, 2017

IFC plans to back Shapoorji Pallonji arm's solar plant in Egypt

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, is looking to invest in a 50 megawatt ......

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Anicut nears final close of maiden SME fund with SIDBI's backing

Finance

07 June, 2017

Anicut nears final close of maiden SME fund with SIDBI's backing

Anicut Capital LLP, a Chennai-based asset management company, has brought the Small Industries Development Bank of India (SIDBI) on board ......

Uniphore strengthens top deck with two key hires

TMT

07 June, 2017

Uniphore strengthens top deck with two key hires

Chennai-based speech recognition startup Uniphore Software Systems Pvt. Ltd has appointed Pat Pattabhiraman as senior vice president of core technologies ......

Reliance Capital's mutual fund arm plans to go public

Infrastructure

07 June, 2017

Reliance Capital's mutual fund arm plans to go public

Reliance Nippon Life Asset Management Ltd, the asset manager to Reliance Mutual Fund, said on Wednesday its board of directors ......

Key takeaways from Apple's WWDC event

TMT

07 June, 2017

Key takeaways from Apple's WWDC event

Tech giant Apple Inc has given a glimpse about the future of its products and services at its annual WWDC ......

Cloud storage firm NetApp launches its first startup accelerator in India

TMT

07 June, 2017

Cloud storage firm NetApp launches its first startup accelerator in India

US-based data storage and management company NetApp has announced the launch of its first startup accelerator in Bangalore.The programme, called ......

Indian-led cloud security startup breaks into Silicon Valley's unicorn club

TMT

07 June, 2017

Indian-led cloud security startup breaks into Silicon Valley's unicorn club

When Mamoon Hamid of Silicon Valley investment firm Social Capital met Sanjay Beri in late 2011, the latter was part ......

Rejected three takeover offers, says Freshworks CEO Girish Mathrubootham

TMT

07 June, 2017

Rejected three takeover offers, says Freshworks CEO Girish Mathrubootham

Girish Mathrubootham, chief executive of cloud-based customer engagement platform Freshworks Inc, says the recent rebranding exercise that saw the company’s ......

Piramal Finance invests $171 mn in Embassy Group's projects

Infrastructure

07 June, 2017

Piramal Finance invests $171 mn in Embassy Group's projects

Piramal Finance Ltd, the non-banking financial arm of Piramal Enterprises Ltd, has invested Rs 1,100 crore ($171 million) in a ......

RBI keeps interest rates on hold, lowers inflation projection

Finance

07 June, 2017

RBI keeps interest rates on hold, lowers inflation projection

The Reserve Bank of India (RBI) kept its key interest rate unchanged at 6.25 percent on Wednesday, as widely expected, ......

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