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SILA ACQUISITION
Norwest-backed SILA buys SMS Integrated Facility Services in Rs 270 crore dealSILA, backed by Norwest Venture Partners, has acquired SMS Integrated Facility Services for Rs 270 crore to expand its outsourced facility ...- SILA acquires Forbes Facility Services from the Shapoorji Pallonji Group in an all-cash dealWith this acquisition, SILA’s facilities managing services business will strengthen its presence in North India. The combined entity is exp...
- The quest to replicate Tesla’s success keeps EV mania aliveFor startups aiming to mimic Musk’s success and for traditional carmakers struggling to disrupt themselves, most lingering doubts about fut...
- Stocks in the news: YES Bank, Infosys, Tata Motors, Indiabulls Housing and NMDCNMDC said the IBM has approved its proposal to increase production at Kumaraswamy mines.
- Norwest Venture Partners Invests Rs 56 crore in SILAThis is the first institutional investment in the company that has so far raised funds from family offices.
- Stocks in the news: YES Bank, Eros International, RIL, Tata Steel, DHFL and Religare EnterprisesBrookfield AM and RIL are expected to sign a term sheet for the proposed sale of Jio’s telecom towers.
- Japan's Cookpad acquires Cucumbertown in multi-million dollar dealThe acquisition means Cookpad finds an opening in the lucrative Indian market where food startups are considered a hot property.
- Next 2 years challenging; to take steps to tide over: Cyrus MistryNext two years are going to be challenging for Tata Steel but it will emerge stronger after a host of initiatives including "right-sizing o...
- RIL gets fashion bouquet of 20 global brands via Iconix JVMukesh Ambani-owned Reliance Brands has struck an equal joint venture with Nasdaq-listed Iconix Brand Group acquiring the ownership and man...
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