Business

India-related SPAC raises $170 Mn in NASDAQ listing

India-related SPAC raises $170 Mn in NASDAQ listing

BENGALURU: Global Consumer Acquisition Corp (GCAC), a blank cheque company backed by private equity veteran Rohan Ajila, and Gautham Pai,…
Coal India to cut manpower by 5% every year for 5-10 years to reduce costs

Coal India to cut manpower by 5% every year for 5-10 years to reduce costs

World’s largest mining company Coal India Limited on Tuesday said that it will reduce 5% in manpower every year for…
US-based Upflex partners with Anarock for flex workspaces in India

US-based Upflex partners with Anarock for flex workspaces in India

BENGALURU: Anarock Property Consultants said it will make New York-based Upflex Inc., a hybrid booking platform with a global network…
Accenture to acquire umlaut to boost data engineering capabilities

Accenture to acquire umlaut to boost data engineering capabilities

BENGALURU: Global technology major Accenture Plc said on Tuesday it has agreed to acquire umlaut, an engineering consulting and services…
Sobha launches new project in Bengaluru; Ashiana Housing to develop housing project in Pune

Sobha launches new project in Bengaluru; Ashiana Housing to develop housing project in Pune

Real Estate developer Sobha Limited on Monday unveiled Sobha Townpark in Bengaluru. Separately, Realty firm Ashiana Housing on Monday said…
HDFC Bank to consider dividend for FY21 on June 18

HDFC Bank to consider dividend for FY21 on June 18

HDFC Bank on Tuesday said that the board of directors in a meeting scheduled on Friday, June 18, 2021, will…
Coal India final dividend to enrich govt by ₹1,426 crore

Coal India final dividend to enrich govt by ₹1,426 crore

Kolkata: The government will receive ₹1,426 crore as dividend from Coal India Limited (CIL) after the dry fuel miner on…
Steel firms lead private capex cycle

Steel firms lead private capex cycle

Steel and cement companies find themselves at the cusp of a much-awaited capex cycle that usually lasts between six and…
Apax Partners sells 11.41% stake in Zensar Technologies for ₹760 crore

Apax Partners sells 11.41% stake in Zensar Technologies for ₹760 crore

Mumbai: Marina Holdco (FPI) Ltd, a company backed by funds advised by Apax Partners, on Monday sold 11.41% stake in…
SBI Card raises ₹500 cr via bonds

SBI Card raises ₹500 cr via bonds

SBI Cards and Payment Services on Monday said its has raised ₹500 crore by issuing bonds. Its board of directors…
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