New Delhi, Jan 24 (PTI) The Supreme Court Monday asked the Delhi Metro Rail Corporation (DMRC) and the Reliance Infrastructure's subsidiary, Delhi Airport Metro Express Pvt Ltd (DAMEPL) to appear before the Delhi High Court on January 31 and request it to hear the dispute relating to execution of the over Rs 4,600 crore arbitral [...]
New Delhi, Jan 24 (PTI) Global engineering and product development digital services firm Tata Technologies on Monday said it will hire over 3,000 innovators over the next 12 months under its expanded talent acquisition programme.The company plans to ramp up its workforce in all major markets globally and India, which includes Maharashtra, Karnataka, Tamil Nadu, [...]
SINGAPORE, Jan. 24, 2022 /PRNewswire/ -- Azentio Software ("Azentio"), a global information technology company, is pleased to announce the appointment of Aliza Knox as a Non-Executive Director to the Board. Aliza brings to Azentio a wealth of knowledge and expertise with over three decades of broad international marketing and management experience. She is most recognized [...]
New Delhi, Jan 23 (PTI) Good Glamm Group, a content-to-commerce conglomerate, on Sunday said it has acquired a majority stake in beauty and personal care brand Organic Harvest, for an undisclosed amount. Good Glamm will invest an additional Rs 75 crore in growing the brand. The transaction marks the foray of Good Glamm Group in [...]
Amazon is trying to facilitate a deal between Samara Capital and Future Retail Ltd that is put on notice over a looming loan default.Amazon is opposed to billionaire Mukesh Ambani’s group acquiring businesses of FRL along with other group companies for Rs s 24,713 crores, to protect its own investment in Future.Amazon confirmed that Samara [...]
Mumbai, Jan 23 (PTI) TCS is aiming for a high double-digit growth in revenues from Canada in the next few years as the North American country's economy grows across sectors and digitisation becomes an essential aspect for businesses, a senior official has said. TCS Canada, a wholly-owned subsidiary of India's largest IT exporter dedicated to [...]
New Delhi, Jan 23 (PTI) Vedanta Resources Ltd's plan to set up a USD 10 billion fund to acquire state-owned firms has attracted interest from sovereign wealth funds and the corpus will be floated once the government invites price for firms such as BPCL or Shipping Corporation of India (SCI), its chairman said. Metals and [...]
New Delhi, Jan 23 (PTI) HDFC Capital, a wholly-owned subsidiary of HDFC Ltd, has achieved the initial close of its third fund of USD 1.88 billion (about Rs 13,500 cr) focused on affordable housing. HDFC Capital's target is to finance the development of one million affordable homes in India through a combination of innovative financing, [...]
New Delhi, Jan 23 (PTI) The National Company Law Appellate Tribunal (NCLAT) has asked the Kolkata bench of NCLT to decide over the plea of SREI Infrastructure Finance against the rights issue of its subsidiary Trinity Alternative Investment Managers. SREI Infrastructure Finance Ltd (SIFL), which owns 51 per cent equity in the fund management firm [...]
New Delhi, Jan 22 (PTI) Power solution provider PTC India arm PTC India Financial Services (PFS) board could not hold its scheduled board meeting on Saturday in the absence of all independent directors, a source said. On Wednesday, the three independent directors -- Kamlesh Shivji Vikamsey, Santosh B Nayar and Thomas Mathew -- resigned enmasse [...]
