Gautam Adani-led Adani Power Ltd has agreed to buy the thermal power assets of DB Power Limited (DBPL) for nearly Rs Rs 7,017 crore enterprise valuation, the company announced on Friday. New Delhi, Aug 20, 2022: Gautam Adani-led Adani Power Ltd has agreed to buy the...
Prateek Pant, Chief Business Office, WhiteOak Capital AMC, said that at WhiteOak Capital, "our strong belief is that money is made in stock selection rather than betting on sectors or themes", while the latter is merely a source of macro risk that ought to be properly...
Fundamentum Partnership, a homegrown VC fund co-founded by Infosys' Nandan Nilekani and seasoned entrepreneur Sanjeev Aggarwal, on Friday said it has raised $227 million to launch its second fund to nurture early-growth stage Indian startups. New Delhi, Aug 19, 2022:...
Fintech startup Uni on Friday said it has suspended card services on its products in line with the recent notification by the Reserve Bank of India (RBI) around digital lending. New Delhi, Aug 19, 2022: Fintech startup Uni on Friday said it has suspended card services...
India Inc saw steepest decline in deal values owing to the lack of big-ticket investments last month, registering 171 mergers and acquisitions (M&A) and private equity (PE) deals valued at $2 billion, a new report has shown. New Delhi, Aug 19,2022: India Inc saw...
As edtech startups and unicorns lay off employees amid the funding winter, Gurugram-based higher education platform Sunstone on Friday said it has raised $35 million (around Rs 280 crore) in a Series C funding led by WestBridge Capital. New Delhi, Aug 19, 2022: As...
Danish Reyaz | Maeeshat| Mumbai Adjacent to the Marine Lines railway station in Marine Drive, Mumbai, stands a building 131 years old, majestically. Unlike the hustle and bustle of the railway station, a cosy calmness pervades every part of this building. Its ground...
Tata Motors on Thursday bagged an order to supply 921 electric buses to the Bengaluru Metropolitan Transport Corporation (BMTC). Bengaluru, Aug 18, 2022: Tata Motors on Thursday bagged an order to supply 921 electric buses to the Bengaluru Metropolitan Transport...
Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises, on Thursday hailed the Indian government's ease of doing business initiative, after the company received an allocation letter for the designated 5G frequency bands "within hours" of making payments. New...
Google Play on Thursday said that the company will continue to invest in India on solving for local opportunities and challenges, as it celebrated its 10th anniversary. New Delhi, Aug 18 , 2022: Google Play on Thursday said that the company will continue to invest in...