Tag Archives: completes

Bharat Financial Inclusion has completed the fourth securitization transaction of Rs 429.88 crore in FY19. With this transaction, the company has completed four securitization transactions worth Rs 2,334.71 crore in FY19. The entire pool qualifies for Priority Sector treatment as per the Reserve Bank of India’s Priority Sector lending guidelines. …

During his weeklong visit, he held wide range discussions with the President of Botswana, Mr. Mokgweetsi Masisi, the President of Zimbabwe Emmerson Mnangagwa and the President of Malawi, Peter Mutharika and other leaders in line with Prime Minister Narendra Modi had recently set out 10 guiding principles to enhance our …

She said in a tweet message that India has achieved completion of her nuclear triad with the first successful deterrence patrol by INS Arihant. This places India in the league of the few countries that can design, construct and operate Strategic Strike Nuclear Submarines. Finance Minister Arun Jaitley said that …

Igarashi Motors India has completed the acquisition of export division of Agile Electric Sub Assembly as a going concern on Slump Sale in terms of Business Transfer Agreement which were executed between the company and Agile Electric Sub Assembly. Igarashi Motors India is engaged in the production and sales of …

Greaves Cotton has completed the first phase of investment i.e. 67% of the equity shareholding in Ampere Vehicles on October 23, 2018, as a result of which Ampere Vehicles has become a subsidiary of the company. Greaves Cotton, a multi-product, multi-locational company is one of the leading engineering companies in …

L&T Technology Services (LTTS) has completed the acquisition of Bengaluru-based Graphene Semiconductor Services, a provider of end to end semiconductor services, with effect from October 15, 2018. Graphene’s strong offshore presence coupled with expertise in complete VLSI Chip Design & Embedded Software will enhance LTTS’ capabilities in the Semiconductor & …

Aban Offshore has completed acquisition of 100% interest in a UK Continental Shelf Production License and sale of 50% interest in the same. Aban Offshore is engaged in the business of providing offshore drilling and production services. The Company’s operating segments include offshore oil drilling and production services, and wind …

White Organic Agro has completed initial order of organically cultivated residue free cluster beans through Future Farms LLP to Innovative Cuisine. The buyer has shown interest for the company to expand the capacity of cultivation of cluster beans on 100 acres or more in next suitable season, with mutual consent …

Infosys has completed the acquisition of Fluido, the leading Salesforce advisor and consulting partner in Nordics and a recognized leader in cloud consulting, implementation and training services. This follows the announcement the company made on September 14, 2018. Through this acquisition the company strengthens its position as a leading Salesforce …

As a result of the transfers, GE paid to Alstom an aggregate amount euro 2.594 billion GE T&D India has completed the acquisition of Alstom’s minority ownership of the three joint ventures (JVs) that were established at closing of the acquisition of Alstom’s Power and Grid assets in November 2015. …

A new board has been constituted for the merged entity “Vodafone Idea Ltd’ with 12 directors (including six independent directors) and Kumar Mangalam Birla as its Chairman. The board has appointed Balesh Sharma as the CEO, the companies said in a joint statement. The combination will have all India revenue …

The nearly 30-km long Damchu-Chukha road, which crisscrosses rugged and difficult terrain, has been constructed at a cost of Rs. 287 crore under India-assisted development projects in the Himalayan nation, military officials said. Several India-funded infrastructure projects, including in the power sector, are being implemented in Bhutan, in sync with …

The nearly 30-km long Damchu-Chukha road, which crisscrosses rugged and difficult terrain, has been constructed at a cost of Rs. 287 crore under India-assisted development projects in the Himalayan nation, military officials said. Several India-funded infrastructure projects, including in the power sector, are being implemented in Bhutan, in sync with …

Tata Steel Ltd had won the bid to acquire debt-laden Bhushan Steel Ltd (BSL) in an insolvency auction. The bankrupt firm was among the 12 stressed assets the RBI had referred for NCLT proceedings last year. “BNPL has successfully completed the acquisition of controlling stake of 72.65 percent in BSL …

It was on May 5, 1992 that the WR had introduced a suburban train service to ferry only women passengers between the two stations.  Initially, there were only two daily services, but the number has now gone up to eight services a day- four each in the morning and evening …

Prism Cement’s step-down joint venture – Spectrum Johnson Tiles (Spectrum) has successfully completed the expansion of 3 million m2 (MSM) per annum large format Glazed Vitrified Tiles capacity at its Matel plant, Morbi. The plant has capability to produce large format GVT i.e. 120cmx120cm, 120cmx180cm and 120cmx240cm amongst others. The …

30/1/2018 – Mekong Capital, a private equity firm which focuses on Vietnam has announced that its Mekong Enterprise Fund II (MEF II) has made a full exit from its investment in MobileWorld Investment Joint Stock Company (MWG). On 29th January, the firm sold its final block of 5 million shares …

Indonesia’s economics and business online media firm Katadata has recently completed its second phase of funding with investment coming from Emerging Media Opportunity Fund I, L.P. (EMOF) and leading financial analyst Lin Che Wei. EMOF is managed by Media Development Investment Fund (MDIF), a New York-based non-profit organization that has …