Azent Overseas Education Ltd, an online education startup founded by IT firm Hexaware Technologies Ltd founder Atul Nishar, Wednesday said it has acquired Bengaluru-based AdmissionTable.com, an artificial intelligence...
Saudi Aramco still undecided on BPCL stake purchase
World’s largest oil company Aramco is yet to make up its mind to participate in disinvestment of Indian fuel refiner and retailer Bharat Petroleum Corporation Ltd (BPCL) where government intends to sell its entire...
Yes Bank invokes pledge to take 20.6% stake in Tulip Star Hotels
Yes Bank has acquired about 20.6% stake in Tulip Star Hotels Limited by invoking 949,930 pledged equity shares of the company. The private lender exercised its right after Ezeego One Travel, a company that had pledged...
Reserve Bank likely to refer DHFL, Altico to bankruptcy court
Troubled shadow banks Dewan Housing Finance Corp. Ltd (DHFL) and Altico Capital are likely to be the first set of financiers to land up in bankruptcy courts, two people aware of the matter said. The Reserve Bank of...
Amazon and Salesforce Expand Global Strategic Partnership
Amazon Web Services, Inc (AWS), American e-commerce giant Amazon’s cloud computing business and CRM services provider Salesforce on Tuesday said that they are expanding their global strategic partnership with a...
Fireside Ventures secures $60 mn for second fund, to raise $40 mn more
Consumer retail-focused venture capital (VC) fund–Fireside Ventures–has raised commitments worth $60 million for its second fund, which has a target corpus of $100 million in total, according to a company...
Furtados School of Music raises ₹20 crore in fresh funding
Furtados School of Music (FSM) raised ₹20 crore funding from IAN Fund and DSG Consumer Partners on Tuesday. The music institution will use the funds to expand its presence across major cities in the country. Currently...
Now, NBFCs with assets worth at least ₹500 cr can go for insolvency resolution
The Reserve Bank can now seek resolution of non-banking financial companies having assets worth of at least ₹500 crore under the insolvency law, a move that is likely to help in addressing woes in the NBFC sector. After...
Aditya Birla Idea Payments Bank headed for liquidation
The Reserve Bank on Monday said Aditya Birla Idea Payments Bank is headed for liquidation post application by the company for voluntarily winding up. “We advise that on a voluntarily winding up application by...
SpiceJet in talks with Boeing to buy more Max planes in Dubai
Indian low-cost carrier SpiceJet Ltd. is in talks with Boeing Co. to buy more 737 Max aircraft to feed its expansion plans, a deal that could mark a Dubai Airshow coup for the grounded narrow-body. A sales lull for the...
Wingreens Farms raises ₹125 cr from responsAbility Investments, Sequoia India
Wingreens Farms Pvt Ltd, a food and beverage company, has raised ₹125 crore in a Series B round led by Zurich-based private equity fund responsAbility Investments AG, the company said. Existing investor Sequoia India...
Medikabazaar raises funds in fresh round led by Health Quad
Medikabazaar, a B2B technology platform for medical supplies and equipment, said on Monday that it had raised $15.8 million ( ₹112 crore) in a Series B funding round led by healthcare-centric VC firm, Health Quad...
