Investment

Raman Kumar says Vision 3.0 is the next frontier for growth and opportunity Mumbai-headquartered CASHe said the recently closed Rs.140 crores of equity funding from its Singapore-based holding company TSLC Pte Ltd will support plans to invest substantially in creating...

Leroux says strategic acquisition to serve global markets Pittsburgh, Pennsylvania-headquartered Wabtec Corporation (NYSE: WAB) has strengthened its position in the Indian rail industry with the US$34 million acquisition of railway friction business of MASU, a leading manufacturer of automotive and...

Modi applauds Mantra HIRA to make Tripura gateway to the NER Prime Minister Narendra Modi said the newly inaugurated Rs.450 crore Integrated Terminal Building of Maharaja Bir Bikram (MBB) Airport will play a big role in enhancing air connectivity in...

Minister says Kalpana Chawla was a symbol of women empowerment The Government is sharing space technology and expertise while opening its various facilities for the private sector participation, Defence Minister Rajnath Singh said at the inauguration of Kalpana Chawla Centre...

SFBs have been able to maintain a favourable asset-liability maturity profile The small finance banks (SFBs) are expected to register around 20% growth in assets under management (AUM) in FY2022 compared to 18% witnessed in FY2021. Comparatively, the FY2022 projected...

Films were worst hit by pandemic, says Kapur The Indian Media and Entertainment Industry is set to grow to US$55-US$70 billion by 2030 at a CAGR of 9-11%, with digital video and gaming being the biggest growth drivers, according to...

Gurgaon-based Garg to use Series A Rs.25cr to open 20 stores Gurgaon's Planify Capital Platform says its recent investment in Bazar India's Rs.25 crore Series A funding will give a great opportunity to make excellent returns on their investments as...

Ambani commits GBP25m to commercialise sodium-ion technology Reliance New Energy Solar Ltd (RNESL) has signed definitive agreements to acquire 100% shareholding in Faradion Ltd, a sodium-ion technology in the United Kingdom, for an enterprise value of GBP100 million. An additional...

Shibulal on path to build 1,000-key assets globally Bengaluru-headquartered Tamara Leisure Experiences has acquired Moxy Bremen at Uberseestadt in Bremen, its fourth hotel acquisition in Germany which is strengthening its hospitality portfolio in the region as part of its strategy...

Interim Agreement on India-Australia CECA to be signed soon The India-UAE Comprehensive Economic Partnership Agreement (CEPA) is expected to increase bilateral trade in goods to US$100 billion within five years of the signed agreement which is expected by March 2022....