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IndiGrid InvIT to buy Jhajjar KT Transco for Rs.310 crore

Mumbai, May 30 -- IndiGrid, a listed infrastructure investment trust (InvIT) for power transmission lines, on Friday, said it has executed share purchase agreement for the buyout of power transmission... Read More


Suryoday Small Finance Bank raises Rs.62 crore from Gaja Capital, Kotak Life, others

Mumbai, May 28 -- Suryoday Small Finance Bank Ltd has raised Rs.62.14 crore in equity funding through a private placement offer from five of its existing investors including Gaja Capital, private insu... Read More


Marico foundation gives Rs.1.57 crore in grants to covid-19 solution providers

MUMBAI, May 27 -- Marico chairman Harsh Mariwala's non-profit Marico Innovation Foundation has provided Rs.1.57 crore in grants to three companies that have created innovative and affordable personal ... Read More


IL&FS seeks EoIs for its 26% stake in ONGC Tripura

Mumbai, May 25 -- Infrastructure Leasing and Financial Services (IL&FS) group on Monday sought expressions of interest (EoI) from potential buyers to sell its 26% stake in gas-based power plant ONGC T... Read More


Swiss agri-food investor Pioneering Ventures acquires Lateral Praxis

MUMBAI, May 25 -- Switzerland-based agri-food investment firm, Pioneering Ventures, has acquired Lateral Praxis, an Indian agri-tech company, a senior executive told Mint in an interaction. The value ... Read More


IL&FS invites buyers to sell 26% stake in ONGC Tripura Power

MUMBAI, May 25 -- Infrastructure Leasing & Financial Services (IL&FS) group on Monday sought expressions of interest (EoI) from potential buyers to sell its entire 26% stake in gas-based power plant O... Read More


Maharashtra government takes 80% private hospital beds, caps treatment costs

Mumbai., May 22 -- The government of Maharashtra, on Friday, said it has allowed municipal commissioners and district collectors of Mumbai, Navi Mumbai, Pune, Panvel and Thane to take charge of 80% of... Read More


CCI approves Emami Cement acquisition by Nirma arm

Mumbai, May 21 -- The Competition Commission of India (CCI), on Thursday, said it has approved the acquisition of Emami Cement Ltd by Nuvoco Vistas Corp Ltd (part of the Nirma group). "CCI India appr... Read More


Abu Dhabi's ADQ launches $300 million venture fund for Southeast Asian startups

MUMBAI, May 20 -- ADQ, formerly Abu Dhabi Developmental Holding Company, on Tuesday said it has launched a new venture capital fund, Alpha Wave Incubation Fund, worth AED 1.1 billion ($299.5 million) ... Read More


Abu Dhabi's ADQ launches $300 mln fund for India, Southeast Asian startups

MUMBAI, May 20 -- ADQ, formerly Abu Dhabi Developmental Holding Company, on Tuesday said it has launched a new venture capital fund, Alpha Wave Incubation Fund, worth AED 1.1 billion ($299.5 million) ... Read More