Odisha Approves Investment Proposals Worth Rs 460 Crore
The Odisha government has approved four investment proposals worth Rs 464.72 crore, an official said. The implementation of the investment proposals will generate employment for more than...
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Berkshire Hathaway Invests in Four Large Drugmakers
On Monday, Berkshire Hathaway Inc. said that it has begun betting in pharmaceutical sector by investing in the stocks of four large drugmakers.As of September 30, Warren...
MacRitchie Investments, Amalfiaco Offloaded 8.77% Sake in CG Consumer
Global private equity firm Advent International Corp’s Amalfiaco and Temasek Holdings’ MacRitchie Investments Pte Ltd. had sold 8.77 per cent stake in CG Consumer for Rs 1631 crore in an open market.According...
Private Equity Funds Invest Rs 800 Crore in Xpressbees
Private Equity Funds including Investcorp, Norwest Venture Partners and Gaja Capital had invested together Rs.800 crore ($110 million) for acquiring 31% stake in the E-commerce focused end-to-end...
Amazon Web Services to Invest $2.77 Billion in Telangana
KT Rama Rao, Telangana Minister for IT and Industries on Friday said that Amazon Web Services (AWS) will be investing $2.77 billion (around Rs 20,761 crore) for...
Adani Enterprises to Invest Rs 50,000 Crore as CapEx in 5 years
On Wednesday, Adani Enterprises Ltd. (AEL) said that it plans to spend about Rs 50,000 crore in the capital expenditure (CapEx) over next five years with a...
Paytm Money Launches ETFs Facility for Investors
Paytm Money, the wholly-owned subsidiary of Paytm has launched Exchange-Traded Funds (ETFs) on its platform, post-approval from the market regulator Securities and Exchange Board of India (SEBI).“With...
Zomato Gets $52 Million Top-Up from Kora Investments
Zomato, which is in talks to raise almost $600 million, as part of its ongoing funding round, has added $52 million (almost Rs 380 crores)...
Qatar Sovereign Fund in Talks with Adani Airport to Invest in Mumbai Airport
Adani Airport Holdings Ltd. is in advanced talks with Qatar’s sovereign wealth fund, Qatar Investment Authority (QIA) for selling a minority stake in Mumbai International...
PepsiCo to Increase Investment to Rs 814 Crore in its UP Plant
PepsiCo is “extremely optimistic” for India’s future market and for meeting its increasing demand, the company has decided to increase its investment form Rs 500 crore...