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Info Edge commits Rs 250 cr in deep-tech AIF; exits Shopkirana via share-swap deal with TIPLInfo Edge is set to invest up to Rs 250 crore in an alternative investment fund. This fund will back early-stage deep-tech companies in Ind...- Info Edge commits Rs 250 crore to deeptech fund; sells Shopkirana stakeInfo Edge, which was an early investor in Zomato, said the fund will be sponsored and managed by Info Edge’s subsidiary Smartweb Internet S...
- ATC takes $1.2 bn hit in India exit deal with BrookfieldAmerican Tower Corporation (ATC) reported a $1.2 billion loss from selling its Indian subsidiary, ATC Telecom Infrastructure Pvt Ltd (ATC-T...
- Torrent Power Q1 Results: Cons PAT zooms 87% YoY to Rs 996 crThe company reported a substantial increase in net profit for the April-June quarter, reaching Rs 996.34 crore compared to Rs 532.28 crore ...
- Brookfield to buy ATC Indian business for $2 billion, signing todayI Squared Capital had signed exclusivity with ATC late last year to acquire finalising the terms to acquire around 65% stake in ATC Telecom...
- I Squared Capital set to buy majority in ATC India towers bizET was the first to report in its August 23 edition that the two sides had entered into a 60-day exclusivity agreement for bilateral negoti...
- ATC records $29 million unrealised gain on Vodafone Idea debentures in Q2In late February, loss-making Vi had allotted OCDs worth ₹1,600 crore to ATC's wholly owned India unit, ATC Telecom Infrastructure (ATC TIP...
- Toshiba India appoints Shuichi Ito as Managing DirectorToshiba India on Monday announced the appointment of Shuichi Ito as its Managing Director effective from October 1, 2021. He will succeed T...
- Reliance Infratel approves Brookfield merger, to get Rs 11,000 crore in cashThe telco, as a part of largest overseas investment in the infrastructure segment in the country, will receive of Rs 11,000 crore which is ...
- Automotive safety components maker Joysons to merge its two JVs in IndiaUnder the terms of the agreement, the shareholding structure of JAASS will be: JSS 65%, Anand Group 30% and Abhishek Group 5%, Anand Group ...
- Tata Tele in talks to sell tower biz for Rs 2,500 croreThe process for sale has started for valuation of around Rs 2,500 crore at Rs 212 per share.
- Tata Tele to pay ATC Rs 2,370 crore as settlement for winding up rentalsTata Tele will also sell 13%, or half of its 26% holdings, in ATC Telecom Infrastructure Pvt Ltd (ATC TIPL).
- Vodafone India, Idea to sell tower businesses to ATC for $1.2 billionAt the time of announcement of merger in March, both telcos revealed their intention to sell their individual standalone tower businesses t...
- Reliance Communication incorporates new infrastructure companyThe subsidiary has been formed with a subscribed and paid up capital of Rs 1,00,000, the statement said.
- Accumulate Engineers India Ltd., target Rs 285.0 : Prabhudas LilladherAccumulate Engineers India Ltd. at a price target of Rs 285.0 and a stop loss at Rs $stopLossL from entry point
- Tractors India mining products distribution basket expandsTIPL today announced acquiring the expanded Cat branded mining equipment distribution rights from Caterpillar Global Mining LLC.
- Oil India Limited, Assam government ink MoU for road upgradationThe road between Duliajan Railway Gate to Tipling Tinali Road will cover a length of 4.60 kilometres and will require an investment of Rs. ...
- Expecting much higher profits this year: Alok Banerjee, CFO, Tractors IndiaAlok Banerjee, CFO, Tractors India Ltd, talks to ET Now on the company’s recently-reported earnings figures & projects in hand, looking ahe...
- Orissa Sponge promoter converts pledged warrantsOrissa Sponge promoter Prashant Mohanty has converted 30 lakh warrants, pledged with a finance company into shares, thus raising his stake ...
- Reliance Cap to buy up to 26% in TextradeReliance Capital Private Equity, a division of Anil Ambani-controlled Reliance Capital (RCL), is set to acquire up to 26% in Mumbai-based h...
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