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General
MCX board asks Blackstone-backed Financial Technologies to cut stake
India's largest commodity exchange Multi Commodity Exchange of India Ltd or MCX has asked its promoter Financial Technologies India Ltd ......
Infrastructure
Adani Power mulls demerger of transmission line business
3i-backed thermal power producer Adani Power Ltd is looking to demerge transmission line business of the company, as per a ......
Healthcare
KKR-backed promoters holding firm raises stake in Apollo Hospitals for $14M
PCR Investments, the holding company for India’s largest healthcare services company Apollo Hospitals Enterprise Ltd, has increased its shareholding in ......
Others
Aam Aadmi Party names ‘youngest ever' state cabinet for Delhi
Aam Aadmi Party (AAP), led by activist-turned-politician Arvind Kejriwal, has selected a seven member cabinet to take over the reins ......
General
SEBI allows infrastructure debt funds & NBFCs to file shelf prospectus for non-convertible debt securities
Market regulator Securities & Exchange Board of India (SEBI) has expanded the eligibility of firms which can come out with ......
General
RBI warns against use of virtual currencies like Bitcoins
The Reserve Bank of India has cautioned the users, holders and traders of virtual currencies (including Bitcoins), about the potential ......
General
HDFC Bank appoints Paresh Sukthankar as deputy MD
India’s second-largest private lender by assets and the top private bank by market capitalisation, HDFC Bank has appointed Paresh Sukthankar, ......
Infrastructure
ICICI Prudential's realty scheme buys slice of Technopolis Knowledge Park for $12M
ICICI Prudential PMS Real Estate Portfolio has invested around Rs 75 crore in a special purpose vehicle (SPV) that owns ......
Infrastructure
Ashoka Buildcon expects to grow its order book by $322 million every year
Ashoka Buildcon Ltd, an EPC (engineering, procurement, and construction) services provider, is looking to grow its order book by Rs ......
Consumer
PepsiCo to invest Rs 1,200 crore to set up its largest beverage facility in India
The world’s second-largest beverage maker PepsiCo Inc will invest Rs 1,200 crore to set up its largest beverage manufacturing plant ......
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