GMR Infra Divesting 51% Stake to Aurobindo Realty Via Kakinada SEZ
On Friday, it was announced by GMR Infrastructure in a regulatory filing about signing definitive agreements for the divestment of its whole 51 per cent stake in...
Author : Amrita Chakravorty
BMW to Pay US Fine of $ 18 Million for Inflated Sales Probe
BMW AG and two US subsidiaries on Thursday agreed to pay $18 million (£14.1 million) as a fine to resolve acquisitions that had disclosed misleading information...
UN Awards Kerala for Controlling Non-Communicable Diseases
The United Nations has awarded Kerala on Thursday in view of its “outstanding contribution” in the regulation of the non-communicable disease based goals towards sustainable development. The...
Gold Rates Drop for 4th Time in 5 Days, Below Rs 6000 Since Previous Month High
Domestic gold and silver rates buckled with pressure during a mild respite in the last session. MCX indicated futures in gold having declined 0.27% at Rs...
ShareChat Closes Pre-Series E Funding Round with $40 Million
The Bengaluru-based social media company, ShareChat said that it has raised $40 million in Pre-Series E round. The fund raised in the current round of funding will...
MG Motor India Plans to Invest Rs 1,000 Crore
SAIC Motor Corp. Limited’s Indian subsidiary, MG Motor India plans to invest Rs 1,000 crore for boosting capacity at its Gujarat’s facility and to increase...
IDFC Bank to Launches SafePay, Contactless Debit Card Transaction Facility
IDFC First Bank is all set for launching a digital facility SafePay, that allows contactless debit card payments by simply waving a smartphone against a POS...
7 Infra Majors to Bid for Mumbai -Ahmedabad Bullet Train Project
Tata Projects, Larsen and Toubro, Afcons Infrastructure Limited and IRCON International Limited are among the seven infrastructure majors that are in the bidding race for...
Greenko Energy Holdings, AES Corp to Buy NEC Energy Solutions
Greenko Energy Holdings and AES Corporation of US have emerged as the front runners to acquire a stake of Massachusetts-headquartered NEC Energy Solutions, in a deal...
Government Notifies Standards for Hydrogen Fuel Cell Vehicles
The government said that it has specified standards for the safety evaluation of hydrogen fuel cell-based vehicles on Thursday. “The Ministry of Road Transport and Highways has...