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Lenders acquire 55% stake in GMR Rajahmundry Energy

GMR Infrastructure in a filing to the BSE said, "The consortium of lenders of GREL (GMR Rajahmundry Energy) have adopted the Strategic Debt Restructuring...

Aditya Birla Fashion and Retail Signs Deal with Simon Carter

`The King of Cufflinks’ brand marks its debut in the Indian market India’s largest apparel and retail company ‘Aditya Birla Fashion and Retail Limited’ (formerly known...

Paytm ropes in Wipro for payments bank business

Wipro will implement core technology solutions for Paytm’s payments bank business, which is expected to be rolled out in the second half of 2016. Mumbai:...

First time angel investors invest in startups

Bengaluru-based interior decor startup MyGubbi has been able to raise Rs 16.5 cr from as many as 30 individuals in March. Given the chariness...

Indian companies boost growth in Britain

Bharti Airtel tops the list of Indian companies contributing most to Britain’s growth. A new industry report tracking Indian companies based in Britain has revealed...

UK government agency CDC to invest $680m in India

Mumbai: DC, the British government's development finance arm, will invest $680 million in India, as a 7.5% GDP growth forecast for the country makes...

Nokia All Set To Foray Into Digital Health

This entry is possible because of the acquisition of Withings S.A. Nokia has announced plans to acquire Withings S.A., a pioneer and leader in the...

KFC set to bring edible packaging in India

Ready to eat - KFC set to bring edible packaging in India New Delhi: At a time when beverage giants such as Coca-Cola are planning...

Ola expands its ‘Micro’ services across 75 Indian cities

New Delhi: Ola, the app-based cab aggregator announced its newest category, Ola Micro's expansion to 75 cities across India here today. Ola Micro is...

Walmart India plans 50 more outlets by 2020

Wal-Mart Stores Inc, which runs cash-and-carry stores in the country through its arm, Walmart India, plans to deepen its presence by opening more stores...

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