railways have sanctioned a quadrupling project with a provision of two additional lines from Bengaluru Cantt to Whitefield at a cost of Rs 492.87 crore.
The CBI has charged Mohan, V Narayana Reddy, Managing Director of VNR Infrastructures Ltd (VIL) and a politician along with G Pravin Kumar, a VIL senior executive.
Zensar said it will acquire Cynosure for about USD 33 million, a move that will help the Indian IT firm strengthen its play in the insurance vertical.
Sasikala has applied for a 15-day parole to attend her husband M Natarajan's funeral and it is under consideration, prison sources said.
Chennaiyin FC claimed their second Indian Super League (ISL) title with a convincing 3-2 win over hot favourites Bengaluru FC in the final.
A SpiceJet aircraft on late Friday hit the runway lights after landing at the Kempegowda International Airport.
Jet Airways will soon fly to Amritsar, Patna and Indore from Bengaluru, the carrier announced.
The demand for diamond jewellery seems to have decreased by 10-15 percent within two months, Assocham said.
Wipro3D, the AM business unit of Wipro Infrastructure Engineering, launched state-of-the-art solution and experience centre for metal 3D printing in Bengaluru.
Online marketplace for food delivery, Foodpanda, announced the launch of its dedicated technology centre.
Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively
To add platform capabilities in the insurance segment which contributes 15% of total business
The Acquisition is expected to close within the next 3 months
Sells Essar Steel loan to Deutsche Bank
Has sold its $385 mn Foreign currency loan extended to Essar Steel
Bank has taken a 38% haircut
Rs 1600 cr is expected earnings to the bank from the deal
Economic Times Reports
To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn
The co is also in discussions to sell its residential and commercial projects in Chennai
To convene shareholder’s meet on 23rd March in regard to the proposed divestment
Gets Order Worth Rs 230 Cr From NTPC
To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators
Will help NTPC commission the 3x 660MW plant started 12years
Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI
The completion period for the project is 30 months