Advent International to Acquire Eureka Forbes for Rs. 4,400 Crores
Advent International, the American buyout firm has decided to purchase the majority stake in Eureka Forbes Ltd for Rs. 4,400 crores. Eureka Forbes is a household name in the water…
Zomato to Stop Grocery Delivery Service
The popular online food delivery platform, Zomato, has decided to stop its grocery delivery service. The service will be stopped from Friday because of the ‘gaps in order fulfilment’. The…
Tata Sons and a Group led by SpiceJet Chief bid for Air India
On Wednesday, the last day to accept bids, a group led by SpiceJet chairman Ajay Singh and Tata Sons placed the financial offers for Air India. The offer made by…
Ola’s Electric Scooter Sale Starts Today
On Wednesday, Ola’s electric scooters will finally go on sale. A week ago, the sale was postponed due to the technical issues faced by the company while making the purchase…
Ola Postpones the Sale of its Electric Scooter
Ola announced that the company would open sales for its first electric scooter on Wednesday evening at 6 PM. But later, it acknowledged the problems arising with the platform and…
Cairn Energy Plc to Revoke Cases Filed Against Indian Government by Accepting $ 1.2 billion Offer
On Tuesday, Cairn Energy Plc said that the company is ready to withdraw all the cases filed against the Indian government for imposing a $ 1.2 billion settlement award the…
Sea Trails Begin this Month for INS Anvesh
India’s sea trails of the first floating test range, INS Anvesh are set to start from this month with the ship expected to be commissioned in the next two month.…
Maruti Suzuki Car Rates to Rise from Today
Prominent auto-manufacturer Maruti Suzuki India Ltd. has said that the raised prices of its vehicles will come into impact from today. In a regulatory filing on Monday, the company said…
HDFC Life Insurance to take over Exide Life
On Friday, HDFC Life Insurance announced that the board of the company has approved to acquire 100% of the shares of Exide Life Insurance Company Limited. The company will be…
Shortage of Semi-conductor Haunts the Car Industry in India
In the Indian car industry, shortage of semi-conductors has become a matter of concern ahead of the festivals. As compared to last month, the companies reported lower deliveries to dealerships…
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