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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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Sterlite arm bags second lot in transmission auction in Brazil
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Sterlite Power Transmission arm Sterlite Brazil Participacoes S.A. has bagged second lot in transmission project in an auction in Brazil. "Sterlite Brazil Participacoes S.A. (Sterlite Brazil), a subsidiary of India's Sterlite Power Transmission (the company), won lot 02 in the transmission auction (no. 002/2021), promoted on 17th...
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Sterlite Power bags Rs 324-crore transmission project
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Sterlite Power, a leading private sector power transmission infrastructure developer and solutions provider, has been awarded the Nangalbibra-Bongaigaon interstate power transmission project worth Rs 324 crore through tariff-based competitive bidding (TBCB) by virtue of emerging as the L1 bidder," a...
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IPL Team Auction: Sanjiv Goenka’s RPSG group bags Lucknow franchise; CVC Capital takes Ahmedabad
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The Indian Premier League (IPL) is all set to be a 10-team tournament, come 2022 as RPS Goenka group bagged the Lucknow-based franchise for its highest bid at ₹7,090 crore, BCCI said in a release. Meanwhile, Ahmedabad-based franchise will be...
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Helmets soon to become mandatory for children on motorbikes
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The use of safety harnesses and helmets will soon become mandatory for children on motorcycles as the Union government plans to amend the Motor Vehicles Act in order to increase the safety of children on all two-wheelers. The ministry of...
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Capgemini announces proposal to acquire Australian cloud transformation and digital services provider, Empired
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Capgemini announces that it has entered into a Scheme Implementation Agreement with Empired Limited (ASX: EPD) to acquire Empired under an Australian statutory shareholder approved process (Scheme). With more than 1000 professionals in Australia and New Zealand, this acquisition would strengthen...
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This unlisted stock is keeping investors in the pink of health amid Covid-19 crisis
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The Covid-19 pandemic has burnt a deep hole in the pockets of most health insurers: some Rs 600 crore a month hit on Indian players, and a cumulative $200 billion hit on the industry globally. Had domestic health insurers been...
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Even the pandemic can’t derail the IPL juggernaut
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Even the pandemic can’t derail the IPL juggernaut In December, the body that governs cricket in India announced it was planning to add two more teams to the lucrative Indian Premier League (IPL) in 2022. The timing of that statement...
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