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Former Tech Mahindra executive Rajashree R joins VC firm Kalaari CapitalFormer Tech Mahindra executive Rajashree R has joined venture capital firm Kalaari Capital, bringing nearly two decades of IT sector experi...
Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
DLF-Trident Realty JV sells all 416 flats in Mumbai project for Rs 2,300crDLF Ltd and Trident Realty sold all 416 luxury flats in their Mumbai project, 'The Westpark,' for approximately Rs 2,300 crore in under a w...
Credit Wise Capital to raise Rs 200 crore through share saleCredit Wise Capital (CWC), a two-wheeler financing-focused non-bank lender, is raising Rs 200 crore through its first institutional investm...
Ex-Premji invest, International Finance Corporation trio’s fund bags Rs 1,000 croreManipal group chairman Ranjan Pai’s family office Claypond Capital has anchored the fund with capital infusion from over 30 startup founder...
Oberoi Group announces two new resorts in Rishikesh in partnership with Ladhani GroupThe Oberoi Group, in partnership with the Ladhani Group, announced two new luxury resorts in Rishikesh. One will be an 80-key Oberoi resort...
ETtech deals digest: Startups raise $327.3 million in week to February 14; up 27.8% on-yearThe funds were raised by startups across seed, early and late stages through 30 deals, compared to 39 in the year-ago period.
SpotDraft raises $54 million from Vertex Growth, Trident Partners, othersExisting investors, such as Flipkart cofounder Binny Bansal's Xeed VC, Arkam Ventures, Prosus Ventures, and Premji Invest, also participate...
China+1 strategy and retail demand may spark a rerating in textile stocks soonChina+1 sourcing, US & local retail demand, govt support bode well for textile stocks with rerating in near term.
Trident Group to distribute ESOPs worth Rs 200 cr in next fiscal"Trident Group has announced distribution of ESOPs worth Rs 200 crore through the Trident Welfare Trust among its employees in the financia...
Blackstone, KKR, JM bid for EIH-run hotels in HyderabadEdelweiss Asset Reconstruction Company is said to be the fourth bidder for Golden Jubilee, which is also developing a much delayed Oberoi h...
At current prices Infosys buyback arbitrage will be a bit risky: Sudip BandyopadhyayNilekani has his task cut out, he has to find the right CEO and also considering what the IT industry is facing the headwinds, they have to...
Eleven stocks in focus on Friday, 10 March 2017Automobile giant Tata Motors Group on Thursday reported a rise of three per cent in its global wholesales for last month.
Ready-to-cook food startup Chefs Basket raises Rs 40 crore to expand offerings, reachChefs Basket has raised $6 million (about Rs 40 crore) in Series A funding from SAIF partners and India Value Fund Advisor’s partner Haresh...
- Iron ore upswing may not last as China mulls raise in output
Iron ore prices, which have been steadily climbing to touch $200 per tonne, may cool off in the long run as China is all set to increase ir...
- India waits for Obama's vision on the economy
Electoral drubbing back home may have drowned his spirits, but once in India, Barack Obama can’t ignore the rising spirit of India Inc.
- Outsourcing Partners' key investors eye exit
Warburg Pincus’ move to sell its stake in BPO firm WNS Global Services may have fallen through, but that has not deterred financial investo...
- Oberoi in alliance mode for scale
Hospitality major Oberoi Group is said to be in advanced negotiations with Bangalore-headquartered realty developer Puravankara Projects (P...
- Oberoi group to invest Rs 4,500 cr, add rooms
Of the total investment of about Rs 4,500 crore, EIH will invest Rs 1,000 crore.
- East India Hotels to add 2700 rooms in five years
East India Hotels (EIH) Ltd, which runs the Oberoi group of hotels in India and abroad, on Monday said it plans to set up new properties an...