Investment

Performance-based challenge fund of Rs.8,000cr recommended for incubation of new cities A total of 5,956 projects worth Rs.179,413 crore have been tendered out as of 30 June 2021 under the Smart City Mission. Work orders have been issued for 5,314...

Gupta believes Indian healthcare segment is one the cusp of high growth NewQuest Capital Partners, a leading dedicated secondary private equity platform focused on the Asia-Pacific region, has acquired a minority interest in Kids Clinic India Private Limited that operates...

Reddy continues M&A strategy focused on digital transformation Sonata Software of Mumbai-Bangalore, has signed definitive agreements to acquire Encore Software Services, a Silicon Valley-based IT services company providing user experience, data insights and real time collaboration services to clients in...

The UAE IoT company to operate France's Sigfox in India India-bound and one of the emerging leaders of IoT, the UAE-based iWire has raised US$34 million from Series A for its expansion programme. It was raised from Abu Dhabi's Noor...

AI ecosystem will help startups gain better traction for sustainable growth The Centre for Innovation and Entrepreneurship (CIE at IIITH), along with T-incubators Accelerator group, has conducted a survey to build a database of AI startups in Hyderabad which will...

Bhowmick's strategy to build a strong talent pool of analytics and engineering professionals San Jose-headquartered Tredence Inc, a leading data science and AI engineering company, will expand its team by adding over 1,000 technology professionals in the next 12 months...

Govt approved commercial-cum-strategic facilities in July'21 The Request for Proposal for building two more underground storage facilities by the Indian Strategic Petroleum Reserve Ltd (ISPRL) is being finalised, Minister of State for Petroleum and Natural Gas Rameswar Teli said in...

Several taxation related measures extended, says Rane The Government has taken a number initiatives for providing financial assistance to the Micro, Small and Medium Enterprises (MSMEs) to cope with the financial impact of the COVID-19 pandemic. Minister for Micro, Small...

Grade A developers: about 75% of the total lending is safe At least 67%, or approx. US$67 billion, of the total loan advances of US$100 billion to the Indian real estate by banks, NBFCs and HFCs is currently completely stress-free,...

Chennai cloud consultant signs three projects with public sector companies An award-winning Oracle premium partner organization, 4i Apps has solidified its position as a leader in the Oracle Cloud portfolio by signing three major Oracle cloud public sector deals in...