Mumbai, Apr 12 (PTI) Welspun Logistics Parks (WOLP) on Tuesday said it has handed over a 3.7-lakh sq ft warehousing facility in Bhiwandi to third-party logistics company FM Logistic for operations. The facility, developed by WOLP, was delivered as per agreed timelines, despite pandemic-related disruptions, it said in a release. The Bhiwandi Warehousing unit that [...]
Bangalore, Karnataka, India – Business Wire India • Funding round is led by Kalaari Capital. Aflac Ventures, Digital Horizon, Stride Ventures, and existing investors also participated in the round • Funds will be used to strengthen full-stack and value-driven chronic care ecosystem, accelerate market expansion, customer acquisition, building new revenue streams • Increases PhableCare’s valuation [...]
Washington, Apr 12 (PTI) India and the US have agreed to hold a dialogue on artificial intelligence to harness opportunities for joint innovation and cooperation in new domains, the two countries announced after the 2+2 ministerial.Secretary of State Tony Blinken and Defence Secretary Lloyd Austin hosted the fourth 2+2 ministerial dialogue with Defence Minister Rajnath [...]
Canada Pension Plan Investment Board (CPPIB) will invest Rs 2,600 crore to acquire 49 per cent stake in TATA Realty and Infrastructure's two premium commercial office projects at Chennai and Gurugram, and their joint venture plans to further invest Rs 2,000 crore to buy land and completed assets for future growth. In an interview with [...]
• Srishti Dhir comes with a rich, deep experience from the finance industry, entrepreneurship and business execution • One of the key focus areas for Srishti at growx ventures will be to drive deeper founder and LP engagement MUMBAI, India, April 12, 2022 /PRNewswire/ -- growx, one of India's oldest early-stage investors in the B2B [...]
Mumbai, Apr 11 (PTI) Global advisory, broking and solutions company Willis Towers Watson (WTW) on Monday said it has acquired the remaining 51 per cent shares in Willis Towers Watson India Insurance Brokers Private Limited (WTW India) following the approval of insurance regulator IRDAI. WTW, which owned 49 per cent stake in WTW India, bought [...]
New Delhi, Apr 11 (PTI) The CBI has questioned YES Bank founder and its former CEO and MD, Rana Kapoor in connection with alleged diversion of over Rs 466 crore in the bank during 2017-19 by Avantha group promoter Gautam Thapar, officials said.Although Kapoor is not named as an accused in the CBI FIR pertaining [...]
Chennai, Apr 11 (PTI) A city-headquartered IT firm on Monday gifted 100 cars to as many of its employees in recognition of their constant support and 'unparalleled' contributions to the company's success and growth. Gayathri Vivekanandan, Chief Executive Officer, Ideas2IT, gifted Maruti Suzuki cars to 100 employees in the presence of Murali Vivekanandan, founder-chairman of [...]
Mumbai, Apr 11 (PTI) Godrej Industries Ltd (GIL) on Monday announced the launch of Godrej Capital (GCL), the financial services arm of the group. GCL is the holding entity for Godrej Housing Finance, a housing finance company and Godrej Finance Ltd, which is an NBFC (Non-Banking Financial Company). The Group plans to invest Rs 5,000 [...]
New Delhi, Apr 11 (PTI) State-owned NBCC (India) Ltd has received work orders to protect defence lands, mainly by constructing boundary walls. The work orders have been awarded to the company by the Directorate General Defence Estates (DGDE), according to a company statement on Monday. A Memorandum of Understanding (MoU) was signed between Satyam Mohan, [...]