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Japan’s Kirin in talks to triple investment in Indian craft beer maker Bira
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Kirin, which first invested $30 million in Bira for an under 10% stake last year, is set to pump in the additional funds at an equity valuation of $450 million
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Serentica to launch renewable energy platform in India
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The company will specialise in providing end-to-end green solutions to the consumers, including connectivity to the appropriate transmission network using the services of group company Sterlite Power Serentica Renewables, owned by Twinstar Overseas Limited, which has controlling stake in Sterlite...
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Major traders, banks cut business ties with Russia-backed Nayara: Report
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Nayara per se has not been sanctioned as part of the international response to what Russia calls its 'special military action' against Ukraine but sanctions are in place against Rosneft.
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Tata Technologies is set to begin work soon on modernising Air India operations: Aloke Palsikar
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Tata Technologies will work on modernising Air India’s operations by digitising its fleet and equipment data and introducing digital solutions for aircraft maintenance, according to a top executive, as the Tata Group moves to revive the country’s oldest airline.
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Bira 91 With Japan’s Far Yeast Brewing Company To Launch Gose-style Beer
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Bira 91, a premium beer brand, in collaboration with Far Yeast Brewing Company, a Japanese brewing company on Thursday launched its first Gose style beer, Yuzu Gose Sour. The ‘Yuzu Gose Sour’ has been brewed from a combination of flavours...
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Sterlite Power wins Rs 1,600 crore orders for power transmission projects
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Power transmission company Sterlite Power announced it has bagged orders worth Rs 1,600 crore from from Power Grid Corporation (PGCIL), Damodar Valley Corporation (DVC), and West Bengal State Electricity Transmission Company Limited (WBSETCL). The orders are for installation and supply...
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Wearing Helmet Unstrapped And Without ISI Mark To Attract ₹ 2,000 Fine
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According to the latest updates to the Motor Vehicles Act, wearing helmets improperly by two-wheeler riders can attract fines of up to ₹ 2,000. These fines can be imposed regardless of whether riders are wearing helmets, and include violations for...
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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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