By Devidutta Tripathy
Fairfax’s stake will come down to about 22.1 per cent.
IFC’s investment involves an “A” loan to co and subscribing to its NCDs.
Genext plans to use the money for increasing its team, strengthen its tech backbone and expand the services to new cities.
SBI is seeking capital to bolster loan growth after Q4 profit doubled
Flipkart CEO Kalyan Krishnamurthy will now also oversee the human resources department, while pharmacy aggregator PharmEasy has hired Nishu Goyal as its chief technology officer. Flipkart CEO takes charge of HR operations Recently-appointed CEO of Flipkart, Kalyan Krishnamurthy, will now also oversee the human resources department as the e-commerce giant scouts for a… Read more »
Funding to help the company expand its solar rooftop and solar EPC businesses.
To take advantage of high inventory levels and developers grappling with slow sales.
Online classifieds startup Quikr is close to buying out Babajob, while Mexican company Grupo Bimbo is acquiring a controlling stake in Harvest Gold. Also London-based GMEX Group will acquire a 5 per cent stake in Metropolitan Stock Exchange of India (MSE). Quikr close to acquiring blue collar marketplace Babajob Continuing its acquisition spree, online classifieds… Read more »
JM Financial was given the mandate to find a buyer for the business.
The PE firm has purchased stake in MT Educare Ltd, Sagar Cements Ltd, FIEM Industries Ltd and Aegis Logistics Ltd, according to the data available on BSE.