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MEGHA ENGINEERING OWNERS
Construction giant Megha Engineering's PV Krishna Reddy taps $700 million private credit to buy out uncle's shareWith lenders such as Davidson Kempner involved in structuring the deal, it marks a significant milestone in the expanding influence of priv...- Megha Engineering unit to acquire Neyveli Power from Abu Dhabi’s TAQAMEIL Energy has acquired TAQA Neyveli Power for Rs. 926 crore, marking a strategic shift from an EPC conglomerate to an owner and operator ...
- SoftBank sheds Paytm stake; NFT investors decry Rario shutdownSVF Holdings (Cayman) Ltd, a SoftBank entity, sold 12.7 million equity shares of Paytm between December 19, 2023 and January 24, according ...
- EV scooter makers deposit customer refunds; IT firms see dip in hiringFour e-scooter makers have deposited part of the over Rs 300 crore they have to refund to buyers for mispricing their ebikes to avail of su...
- Online gaming firms stare at Rs 45,000 crore GST demand; Digital India gets a boostOnline gaming companies are likely to be hit by a massive tax demand of as much as Rs 45,000 crore. This and more in today’s ETtech Top 5.
- RIL gears up to produce green hydrogen in two years“RIL is setting up a green hydrogen dispensation infrastructure,” an industry official said on condition of anonymity. “The company is targ...
- Microsoft, Google beat quarterly revenue estimates; fake social media influencers put companies in a spotTech titans Google-parent Alphabet and Microsoft announced better-than-expected earnings on Tuesday, propelled by a cloud- and AI-backed wa...
- India open to Chinese investment, as long as they conduct ops lawfully: MoS IT ChandrasekharIndia is open to Chinese investment despite border clashes between the two countries, Minister of State for Electronics and Information Tec...
- Zomato can be $1 billion plus in profit by 2030, says Deepinder Goyal; Twitter continues with layoffsZomato CEO Deepinder Goyal has said that the food delivery platform can “easily be $1 billion dollar plus in profit in 7-8 years”. In an in...
- Sundar Pichai calls for ‘responsible’ tech regulation; over 57% want Elon Musk out as Chief TwitAt the eighth edition of Google for India on Monday, CEO Sundar Pichai said India has a leadership role to play in crafting “responsible re...
- Stocks in the news: Adani Enterprises, Welspun Corp, KIMS, Ceat and Natco PharmaThe flagship company of the Adani Group, Adani Enterprises, has raised Rs 100 crore by allotment of 1,000 non-convertible debentures of fac...
- Tata, Adani set to bid third time for UP Power TranscoTata Power had outbid Adani offering 100% recovery of loans of ₹3,700 crore to the lenders in the previous round. Adani's bid was only marg...
- Stocks in the news: Infosys, Ashok Leyland, JSPL, SAIL and SpiceJetThe state owned metal producer SAIL is aiming at reducing its net debt to a range of Rs 15,000-20,000 crore in the current fiscal
- Safesea, NRI-led group, Megha Engg shortlisted for Shipping Corp stakeUS-based Safesea, Megha Engineering and Infrastructure and a consortium led by NRI businessman Ravi Mehrotra have been shortlisted as poten...
- Adani, Torrent submit expressions of interest for South East UP Power TransmissionIsolux Corsan had won a 35-year concession to build 1,600 km of power transmission network in Uttar Pradesh in 2011. It had borrowed 4,500 ...
- Adani, Torrent submit EoIs for South East UP Power Transmission CompanyThe transmission infrastructure is partially complete. The Madridbased company has built lines and sub-stations within a 600 km stretch nea...
- Stocks in the news: YES Bank, RNAM, SBI Life, Trent, ZEEL, DHFL and PTC IndiaDLF is planning to focus more on food and beverages and allocate around 20 per cent of space to the dining options.
- Megha Gupta's Dharavimarket.com aims to sell products by Dharavi's craftspeople across the worldDharavimarket.com, a for-profit venture, hopes to take the products manufactured by the craftspeople of Dharavi to the rest of the world.
- Forbes '30 Under 30' acheivers' list: Four prodigies who share an India connectionThere is no short-cut to success, say youngsters from the recently-released Forbes list of '30 Under 30', a recognition conferred on the br...
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