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New Delhi, University Living, a managed global student accommodation marketplace, has acquired a 51 per cent stake in UK-based StudentTenant.The company did not disclose the value of the deal. In a statement, the company said the strategic move aims to strengthen its presence in the UK private...

Mumbai, Amazon Pay India is not concerned about its market shares in the UPI ecosystem and is more focused on opportunities in the digital payments space, a top executive said on Tuesday.He said this in response to a question on NPCI's guideline to restrict market share of a single entity to...

With this acquisition, SchoolNet gets the private school market presence of Genius Teachers and innovative AI-led teacher and student apps along with expanding its reach to over 10,000 private schools by FY 2027.Unique Sharma, CEO and Founder, Genius Teacher, said, “Most companies are wasting...

Chennai Mirae Asset Investment Managers (India) Pvt Ltd, the asset management company of Mirae Asset Mutual Fund, is in the process of acquiring Sharekhan and is awaiting RBI approval, a senior official said on Tuesday.Mirae Asset Investment Managers (India) Pvt Ltd vice-chairman and managing...

Mumbai real estate firm Ashwin Sheth Group on Tuesday announced an investment of around Rs 5,000 crore to expand its business and plans to launch its first public issue in the next 18-24 months to raise up to Rs 3,000 crore.The Mumbai-based company said it achieved sales bookings of around Rs...

Mumbai, The private operator that provided VOGO e-bikes in Mumbai for last-mile connectivity from BEST bus stops has withdrawn the scooters, the civic transport body said on Tuesday.The operator withdrew the e-bikes, which many commuters found convenient for short-distance rides, especially...

New Delhi, Neeraj Sanghi has joined Neo Asset Management as Managing Director and Operating Partner to lead the infrastructure operations and building of Neo's infrastructure platforms.Sanghi was CEO of Highway Concessions One (HC1) – a road platform originally owned by Global Infrastructure...

In Kolkata, B K Birla group company Kesoram Industries on Tuesday said it remains committed to its loss-making subsidiary Cygnet Industries Ltd and will seriously engage in dialogue with its Japanese technical partner Futamura as a strategic investor following the demerger of its cement...

New Delhi, Virtual Galaxy Infotech on Tuesday said it has raised Rs 21.44 crore from lead investors in its pre-IPO funding round.The company is now preparing to file the draft red herring prospectus (DRHP) with the stock exchange to launch its SME IPO, the company said in a statement...

Nashik (Maharashtra) [India], July 9: KBC Global Ltd (formerly known as Karda Construction Limited) BSE - 541161, a prominent player in the construction and real estate development sector, has transferred possession of over 100 units residential and commercial in its various ongoing projects in...

New Delhi, Diamond Power Infrastructure Ltd on Tuesday said it has received an order worth about Rs 900 crore from Adani Energy Solutions Ltd for the supply of conductors.The order is to be executed by April 2025, Diamond Power Infrastructure said in an exchange filing.The company has...

New Delhi, Kalpataru Projects International Ltd (KPIL) on Tuesday said its board has approved a proposal to increase the limit for raising funds through issuance of NCDs to Rs 1,600 crore.As of today, the company has outstanding non-convertible debentures (NCDs) worth Rs 1,298 crore."The...

New Delhi: The Consumer Affairs Ministry on Tuesday said the Central Consumer Protection Authority (CCPA) has ordered online travel agency Yatra to expedite pending refunds for flight cancellations during the Covid-19 lockdown.In its June 27 order, the CCPA directed Yatra to set up five...

According to Muralikrishnan B, president of Xiaomi India, around 35 percent of the non-semiconductor bill of materials (BoM) for smartphones is currently being sourced locally.He said that in the next two years, the company aims to source 55 per cent of non-semiconductor BOM or components...

Mumbai, July 9, 2024: SAR Televenture Limited (NSE Symbol: SARTELE) announces a composite share issue of Rs. 450 crores. The composite issue comprises a rights issue aggregating up to Rs. 300 crores and FPOs aggregating up to Rs. 150 crores (the "total offer size").The proposal to raise funds...

Mumbai (Maharashtra, India) July 9, 2024Sati Poly Plast Limited is an ISO certified company engaged in manufacturing flexible packaging material that is multifunctional and caters to the packaging requirements of various industries. The company offers comprehensive solutions for various...

Chennai, Ashok Leyland, the flagship company of the Hinduja Group, in partnership with Hinduja Leyland Finance has extended its corporate social responsibility (CSR) initiative 'Road to School' program to three districts in Tamil Nadu.The project seeks to bridge educational disparities among...

Rajkot, the father of a 20-year-old engineering student, who died in the TRP gaming zone fire in Gujarat's Rajkot city on May 25, has moved the district consumer disputes redressal commission, seeking a compensation of Rs 20 lakh from the company that ran the ill-fated facility for the death of...

New Delhi: The Supreme Court on Tuesday quashed the West Bengal authorities' decision to cancel the award of a contract for the maintenance of two underpasses in Kolkata to a private individual without giving any reason, saying it was a "classic case of arbitrariness".A bench comprising Chief...

Mumbai real estate firm Ashwin Sheth Group on Tuesday announced an investment of around Rs 5,000 crore to expand its business and will launch its first public issue in the next 18-24 months.The Mumbai-based company said it achieved sales bookings of around Rs 1,500 crore during the last fiscal...