Investment

LTI-Coupa partnership   Larsen & Toubro Infotech (LTI) has announced a strategic partnership with Coupa, a leader in cloud-based spend management and procurement software platform. The partnership will enable enterprises to rationalize spends, achieve measurable savings, control costs and improve...

Hyderabad facility upgrade NCR Corporation is upgrading its Hyderabad R&D facility, relocating to a new, state-of-the-art location at Raheja Mindspace within the city by 2017. The new facility will be one of the global centers of excellence for NCR as...

Automotive market Indian automotive component market worth US$44bn in 2016.The automotive components market in India is estimated to cross US$44 billion in 2016 with passenger cars accounting for the largest revenue share in the country's automotive component market in 2015,...

TA investment TA investment in Indian apparels. Boston-based TA Associates, a leading global growth private equity firm, has invested in a US$140 million for a minority stake in TCNS Clothing Company Pvt. Ltd., India’s leading branded women’s apparel platform. New...

India-Russia business talks India is keen to jointly develop coal fields and iron ore mines in Russia to bolster bilateral trade and economic ties. Similarly, Russia is ready to participate in the “Make in India” program in order to develop...

Singtel ups Bharti stake Singapore Telecommunications Ltd (Singtel) will acquire 7.39 per cent stake in Bharti Telecom Ltd, the holding company of India's largest telecom firm Bharti Airtel, for US$659.5 million, taking over from the city state’s investor Temasek. The...

Piramal acquires Ash Stevens Vivek Sharma set to serve North American market. Mumbai-based Piramal Enterprises Limited said its wholly-owned subsidiary in the US has entered into an agreement to acquire 100% stake in Ash Stevens Inc. The acquisition is for...

Geniee-AdPushup expands Tokyo-based Geniee, Inc. has entered into an investment contract with AdPushup, Inc. of Delaware, to expand in India. The investment is intended to integrate Geniee's solutions, designed to maximize ad revenue for Internet media publishers, with AdPushup's display...

Mega food parks along #Sagarmala The Ministry of Food Processing is implementing two mega food parks (MFP) in the Coastal Economic Zone (CEZ) at Kakinada and Southern Maharashtra to promote export and imports under the Sagarmala National Perspective Plan (SNPP)....

New location for #Callebaut The Barry Callebaut Group, the world’s leading manufacturer of high quality chocolate and cocoa products, has relocated Callebaut® CHOCOLATE ACADEMYTM center and sales office in Mumbai, from its previous home which opened in 2008. The center, opened...