Mumbai, Feb 3 (PTI) Industrial and logistics estate platform ESR India on Thursday said it will develop its first in-city distribution centre in Delhi at an investment of Rs 175 crore, which is expected to be launched next year. The facility, to come up in an 8.2-acre site with a development potential of three lakh [...]
NEW DELHI, Feb. 3, 2022 /PRNewswire/ -- Azure Power (NYSE: AZRE), a leading sustainable energy solutions provider and IPP in India, today published its third annual sustainability report for fiscal year 2020-21 (FY 2020-21). The report highlights several ways in which Azure Power is delivering on its sustainability commitments. "We are extremely proud of our [...]
New Delhi, Feb 3 (PTI) Dr Reddy's Laboratories on Thursday said it has inked a pact to acquire Germany-based Nimbus Health GmbH. The drug major said it has entered into a definitive agreement to acquire the company which is a privately owned, licensed pharmaceutical wholesaler focusing on medical cannabis in Germany. Dr Reddy's will acquire [...]
Mumbai, Feb 3 (PTI) The Sensex and Nifty buckled under heavy selling pressure on Thursday as investors pocketed gains in IT, finance and bank stocks after three sessions of robust gains. Nervousness in European markets ahead of central bank meetings coupled with lacklustre macroeconomic data back home also sapped risk appetite, traders said. The 30-share [...]
Mumbai, Feb 3 (PTI) British premium electric bike maker GoZero, which has partnered with Kolkata-based Kirti Solar for product development and manufacturing, on Thursday said it plans to invest USD 1 million to expand its presence to India's northeast market. GoZero, which has its R&D centre in Birmingham (UK), entered the Indian market in 2019 [...]
The Monetary Policy Committee (MPC) may go for a hike of up to 0.25 per cent in the reverse repo rate at which the RBI absorbs excess liquidity and leave the repo rate at which it lends, to narrow the policy rate corridor, a British brokerage said on Thursday. "Growth concerns amid spread of the [...]
Mumbai, Feb 3 (PTI) Disruptors Capital, an early-stage venture capital fund investing in tech start-ups, has received Sebi's approval to launch a Rs 120-crore debt fund. The category-1 alternative investment fund said it will invest the money in tech start-ups across India, Southeast Asia and the US, and will aid start-ups to raise institutional funding. [...]
Mumbai, Feb 3 (PTI) Industrial and logistics estate platform ESR India on Thursday said it will develop its first in-city distribution centre in Delhi at an investment of Rs 175 crore, which is expected to be launched next year. The facility, to come up in an 8.2-acre site with a development potential of three lakh [...]
Mumbai, Feb 3 (PTI) Leading multi-family office and wealth advisory Waterfield Advisors has raised USD 6 million (about Rs 44.9 crore) in series B funding from single-family offices, ultra-high networth individuals and existing investors.The city-based advisory said the capital will be deployed to accelerate growth, including hiring talent, upgrading technology, and expanding coverage to include [...]