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Larsen & Toubro

Cyfirma gets $5.5 mn pre-Series B funding; Inflection Point Ventures backs Direct2U

TMT

14 April, 2023

Cyfirma gets $5.5 mn pre-Series B funding; Inflection Point Ventures backs Direct2U

Cyber intelligence firm Cyfirma and e-commerce startup Direct2U have raised early-stage funding, the companies said on Friday.  Cyfirma  Cyber intelligence firm Cyfirma ......

Indian shares end lower on Omicron uncertainty, Reliance drag

Finance

03 December, 2021

Indian shares end lower on Omicron uncertainty, Reliance drag

Indian shares reversed course to trade lower on Friday as losses in pharma stocks overshadowed gains in energy and banking ......

BlissClub and Keito raise funding; Larsen & Toubro to invest in US firm

TMT

20 May, 2021

BlissClub and Keito raise funding; Larsen & Toubro to invest in US firm

Women’s activewear direct-to-consumer brand BlissClub Fitness Pvt Ltd said it has raised $2.25 million (Rs 16.5 crore) in a seed ......

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Sterlite Power raises Rs 1,300 crore bridge finance from Allianz, local investor

Finance

12 January, 2021

Sterlite Power raises Rs 1,300 crore bridge finance from Allianz, local investor

Transmission company Sterlite Power has raised Rs 1,300 crore ($176.7 million) in debt financing from Germany’s Allianz Global Investors and ......

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Dark clouds hanging over India Inc start to drift away, finally

Finance

05 November, 2020

Dark clouds hanging over India Inc start to drift away, finally

First, the sliding economy clobbered India Inc, and then the pandemic that took off in April-June made things worse.  But the ......

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India Inc's legal costs slip off FY19 perch; Sun Pharma retakes top spot

Finance

21 October, 2020

India Inc's legal costs slip off FY19 perch; Sun Pharma retakes top spot

India Inc’s legal expenses pace came down to a high single digit rate in 2019-20 from the fastest growth seen ......

L&T tightens grip on Mindtree as three top execs get board seats

TMT

20 June, 2019

L&T tightens grip on Mindtree as three top execs get board seats

Larsen & Toubro Ltd (L&T) has secured three seats on the board of Mindtree Ltd as the engineering giant presses ......

Canada pension fund OMERS invests $122 mn in CPPIB-backed L&T InvIT

Infrastructure

22 February, 2019

Canada pension fund OMERS invests $122 mn in CPPIB-backed L&T InvIT

OMERS Infrastructure Management, Inc. has acquired a 22.4% interest in the infrastructure investment trust (InvIT) of L&T Infrastructure Development Projects ......

Larsen & Toubro Infotech acquires BPM solutions provider Ruletronics

TMT

17 January, 2019

Larsen & Toubro Infotech acquires BPM solutions provider Ruletronics

Listed IT services firm Larsen & Toubro Infotech Ltd (LTI) on Thursday announced that it will acquire Ruletronics Systems, which ......

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ChrysCapital makes another partial exit from infotech firm, clocks bumper returns

TMT

03 January, 2019

ChrysCapital makes another partial exit from infotech firm, clocks bumper returns

Homegrown private equity firm ChrysCapital has made another partial exit from its over two-year investment in a mid-tier infotech services ......