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SUMER GROUP
Swiggy cofounder Nandan Reddy to leave companySwiggy cofounder and head of innovation Nandan Reddy will step down from his role and vacate his board seat. Reddy, who cofounded Swiggy wi...- Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped — our weekend newsletter packed with the most important stories this week. Let's take a look.
- SoftBank's Sumer Juneja to join Oyo boardSumer Juneja will join Oravel Stays Ltd as non-executive director, pending EGM approval, representing SoftBank Vision Fund. OYO, backed by ...
- CFM ARC offers to buy Rs 580cr debt of harbour heights at 34% discountThe Harbour Heights project, a joint venture between Radius Group and Sumer BuildCorp, has a total debt exposure of around ₹580 crore. CFM ...
- Standard Chartered Bank puts realtor radius Sumers' Rs 569 cr of debt on the blockRadius Sumers Developers is a special-purpose vehicle (SPV) jointly formed by Sanjay Chabaria promoted by Radius Group and Sumer Buildcorp....
- PMLA Court: DHFL loans to companies linked to Kapoor's family members was ‘kick back and nothing else’A special Prevention of Money Laundering Act (PMLA) while denying bail to erstwhile promoters of DHFL, Kapil and brother Dheeraj Wadhawan i...
- Mumbai: Tech firm CEO dies after being hit by car while jogging at Worli sea faceRajalaxmi was known to be a fitness enthusiast and a regular jogger, often jogging with a group from Shivaji Park on Sundays. As per report...
- Yes Bank-DHFL scam: Accused to be tried by PMLA court, says Bombay HCKapoor had moved the HC seeking the trial before the PMLA court. His counsel, Vijay Aggarwal had argued that since 11 accused and seven wit...
- Yes bank-DHFL probe: Bombay HC directs ED to move CBI court to transfer case to PMLA courtAggarwal also contested that the defence of the accused is same and if these cases are not tried by the same court, then the defence of the...
- Yes Bank-DHFL fraud case: CBI raids underway in Mumbai, PuneThese sources added that searches were underway at eight locations in Mumbai and Pune. The raids come days after the federal agency arreste...
- Yes Bank scam: CBI arrests Radius Group MD, Sanjay ChhabriaRadius Group was one of the biggest borrowers on the erstwhile DHFL with an outstanding loan with interest of around Rs 3,000 crores for a ...
- Yes Bank scam: CBI searches underway at six locationsThe promoters of erstwhile DHFL, Kapil and Dhiraj Wadhawan are currently in jail in connection with the cases registered by CBI and the Enf...
- Meghalaya exports turmeric, ginger powder to Netherlands, UK"About 150 kg of Lakadong turmeric and another 150 kg of ginger powder were shipped to the Netherlands. Another 210 kg of Lakadong turmeric...
- Yes Bank to take over Sumer’s land in Radius JVThe bank notified the developer, on Friday last week, of its move under the Securitisation and Reconstruction of Financial Assets and Enfor...
- SoftBank India head Juneja on Ola boardJuneja had joined SoftBank from Norwest Venture Partners late last year as the group’s first India head and a partner at the Japanese group.
- VC and PE sectors get a headstart with high profile hires in 2018From SoftBank appointing its first country head to new investment firms being set up, some of the most prominent names in the investor comm...
- SoftBank’s arm may open Mumbai officeThe Japanese investment giant has also roped in Sumer Juneja from venture capital firm Norwest Venture Partners to lead Indian operations.
- SoftBank’s Vision Fund to open India office, to be led by Sumer JunejaET was the first to report in its edition dated November 21, that Norwest Venture Partners’ Sumer Juneja would be joining Softbank to lead ...
- Altico Capital invests Rs 45 crore in Guardian Developers’ Pune projectThe project spread over 10 acre will have around 1 million sq ft of area. It is being developed under a joint development agreement and wil...
- High ready reckoner to keep property sales lowThe move is also expected to reduce the "black money component" that often forms a part of property transactions.
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