Bhupendra Singh ChundawatMumbai : Tata Consultancy Services (TCS) has launched the official app for the 2019 Virgin Money London Marathon, with several key new features. TCS, the Official Technology Partner for the Virgin Money London Marathon, has developed the official mobile app for the fourth year in a row. The most popular feature of the app is … Read more
Mumbai : NIIT Technologies has signed a definitive agreement with WHISHWORKS IT Consulting, an IT services and consulting company specializing in MuleSoft and Big Data technologies, to acquire a 53% stake initially, with the remaining equity to be acquired over the next two years through pay-outs linked to financial performance. This transaction is expected to … Read more
Mumbai : Baring Private Equity Asia (BPEA) has signed definitive agreements with NIIT Technologies to purchase approximately 18.85 million NIIT Technologies shares (approximately 30% shareholding on a fully diluted basis in NIIT Technologies) from NIIT and other promoter entities at a price of Rs 1,394 per share. The aggregate consideration for purchase of shares from … Read more
Mumbai : Eris Lifesciences has executed a share purchase agreement with Rajesh Dhuria (one of the founders & promoters of KINEDEX) with the intent to have full ownership and control of the said subsidiary (KINEDEX) and to make KINEDEX a wholly-owned subsidiary i.e. by way of purchase of 32,507 equity shares of face value of … Read more
Mumbai : Sobha has achieved pre-sales of 4.03 million square feet valued at Rs 31.23 billion in the FY19. This is the highest ever new sales booking in the history of the company. Similarly, Bengaluru has achieved the highest ever new sales booking of 2.76 million square feet during FY18-19. The financial year was also … Read more
Mumbai : Sayaji Industries has signed a joint venture (JV) agreement with Societe Developpement Produits Afrique (SDPA), France, the holding company of Alland and Robert for manufacturing of Gum Arabic/ Gum Acacia, Gum Ghatti and Gum blends. The JV will be a 50:50 venture, wherein the Company and Societe Developpement Produits Afrique will hold 50% … Read more
Mumbai : Adani power has been awarded the Letter of Intent (LoI) for Korba West Power Company (KWPCL). The Committee of Creditors of KWPCL, a company undergoing insolvency resolution process under the Insolvency and Bankruptcy Code, 2016 has approved the Resolution Plan submitted by the company. The National Company Law Tribunal, Ahmedabad has issued a … Read more
