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Travel aggregator ixigo appoints Rahul Gautam as Group CFO
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The appointment will come into effect from May 5, 2022, the company said, adding that Gautam would be replacing former Group CFO Ravi Gupta, who resigned due to "personal reasons". Travel aggregator ixigo on May 4 announced the appointment of...
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Goldman Sachs likely to invest Rs 2,700 crore in PharmEasy parent
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Goldman Sachs is in advanced talks to invest about $350 million (Rs 2,700 crore) in API Holdings Ltd, the parent of online pharmacy PharmEasy, in a structured debt transaction, people in the know said. The debt will carry an interest...
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Sterlite Power acquires 64.98% stake in MTCIL for fiber network in Maharashtra
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Sterlite Power has acquired a 64.98% stake in Maharashtra Transmission Communication Infrastructure Limited (MTCIL)- a joint venture between Sterlite Technologies Limited and Maharashtra State Electricity Transmission Company Limited (MSETCL). Sterlite Power acquired this equity stake from Sterlite Technologies Limited (STL)....
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IPL 2022: CSK plays KKR tonight but before match scores ‘Brilliant Century’, after MI becomes 2nd team to cross 100 Crore in SPONSORSHIP REVENUES
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Chennai Super Kings (CSK) has scored its 1st hundreds of IPL 2022. No, the IPL will only start with CSK vs KKR match on Saturday but Ravindra Jadeja led team has scored a century on the commercial pitch.
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Sterlite Power gets LoI for transmission project in J&K
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Sterlite Power on Wednesday said it has received a letter of intent to set up an electricity transmission project in Jammu & Kashmir.
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Cochin Airport to facilitate 1190 flights per week starting from Sunday
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India's third busiest airport, Cochin International Airport Ltd (CIAL) will facilitate 1190 flights every week from Sunday as India will resume commercial international flights from March 27 after a gap of two years. The airport was facilitating 848 flights during...
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Sterlite Power concludes refinancing of Khargone transmission project
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New Delhi, Sterlite Power has successfully concluded refinancing the Khargone transmission project which would help it to pre-pay project loan. The new financing from Aseem Infrastructure Finance Ltd (Rs 525 crore), NIIF Infrastructure Finance Ltd (Rs 450 crore) and Aditya...
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Hexaware Tech revenue to grow at 12-14% next fiscal: Fitch
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Fitch Ratings has projected Hexaware Technologies' revenue to grow at 12-14% in the next fiscal and said the company has a "positive" credit outlook. The agency has assigned India-based Hexaware Technologies long-term foreign- and local-currency issuer default ratings (IDR) of 'BB-' and said...
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Sterlite Power: Thrust on Renewables and Transmission Projects holds the key for growing Power Sector
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2021: The year that was 2021 has been a mixed bag for most businesses; however, on a net basis, we, at Sterlite Power, had more positives. Earlier in the year, we flipped the prestigious Northeast Region Transmission project which is...
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Reliance Retail To Invest INR 300 Cr in Robotics Company Addverb Technologies
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Adverb was founded in 2016 by Amit Kumar, Ashu Kansal, Bir Singh, Neeraj Sharma, Prateek Jain and Sangeet Kumar Addverb had earlier raised around $10 Mn from Jalaj Ashwin Dani of Asian Paints In September this year, RIL had acquired...
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