Fresenius has hired UBS to manage the sale of its rehabilitation care clinic business as the German healthcare group focuses on core activities, Frankfurter Allgemeine Zeitung reported on Friday, citing financial...
Save Solutions acquires New Habitat Housing Finance for Rs 74 crore
Save Solutions that offers financial products via kiosk banking across India has acquired New Habitat Housing Finance for Rs 74 crore. The Bihar-head quartered company is working to offer its customers all-around...
Government to amend banking laws to facilitate privatisation of two PSU banks
To facilitate privatisation of two public sector banks (PSBs), the government is all set to introduce a banking laws amendment bill in the upcoming Winter Session starting Monday. Finance Minister Nirmala Sitharaman...
IDFC First partners up with HPCL to facilitate fuel payments using FASTag
IDFC First Bank has partnered with Hindustan Petroleum Corporation Ltd (HPCL) to facilitate fuel payments at their retail outlets using the bank’s FASTags. In addition, IDFC First Bank’s FASTags can now also be bought...
Realty developer True Habitat raises Rs 30 crore from CSL Finance
Realty developer True Habitat has raised Rs 30 crore from CSL Finance to acquire over 4.16 acres of prime land in Gurgaon’s Sector 79. The company plans to develop a group housing project under the Haryana government’s...
Ssangyong to sell plant site as part of rehabilitation
Cash strapped SsangYong Motor, is in the process to sell the plant in Pyeongtaek as part of its rehabilitation efforts, sources close to the development said. The Korean carmaker is currently undergoing a court...
Government considering FDI policy tweak to facilitate BPCL privatisation
The government is considering a tweak in the current foreign direct investment (FDI) policy to allow overseas investors to pick up majority stake in India’s second-biggest oil refiner Bharat Petroleum Corp Ltd...
Pune-based startup Squats acquires minority stake in Fitato
Squats Fitness Pvt. Ltd. has announced that they have picked up a minority stake in Fitato, an app that allows users to access any gym of their choice across the city without paying for hefty annual memberships. In a...
CollegeDekho acquires Scholarship Facilitation Services for undisclosed amount
Education technology startup CollegeDekho on Friday announced acquisition of Delhi-based student company Scholarship Facilitation Services Pvt. Ltd. (SFS) for an undisclosed amount. Through the acquisition, CollegeDekho...
Fortis facilitating PE stake sales in SRL Diagnostics
Fortis Healthcare Ltd is facilitating the sale of stakes owned by private equity investors in its SRL Diagnostics unit, two people aware of the matter said. Fortis, which owns 57% in SRL Diagnostics, is in the process...
Mr. Ashwin Puroshottam Bajaj Vs. ITAT
Facts of the Case Assesse is an individual running a proprietorship firm namely M/s The Shoe Box INC Retail Store of footwear, bags, belts, wallets and leather goods, boutique etc. having shops at Pune, Ahmedabad...
Invitation Homes raises $1.54 billion in IPO: source
Invitation Homes (INVH.N), the largest U.S. home rental company, raised $1.54 billion in an initial public offering on Tuesday, the company said, setting the stage for a pick-up in IPO activity in 2017. The stock market...