Company

The Indian enterprise telecom market is seeing a paradigm shift from a commodity-oriented model to a service-oriented one, and this is happening across all services, observed a report by ResearchAndMarkets.

Reliance Brands Ltd, a subsidiary of Reliance Industries, has signed a definitive agreement to acquire 100% of Hamleys Global Goldings, the oldest and largest toy shop in the world which was founded in 1760.

Two Indian origin cybersecurity startups have pitched to Singapore-based investors for funds to build markets for their concepts on cybersecurity.

Irvine, California-headquartered Alorica Inc, a global leader in customer experience solutions, is continuing to broaden its footprint in Asia-Pacific with the addition of an innovation lab and digital business processing management operations located in India’s “Silicon Valley” Bengaluru.

Ratan Tata, Chairman Emeritus of Tata Sons, has invested in Ola Electric Mobility Pvt Ltd’s Series A round of funding, said the electric car company on 6 May 2019.

India Grid Trust (IndiGrid or the InvIT), India’s leading infrastructure investment trust, has closed a preference unit issuance worth Rs.2,514 crores (US$363 million) with plans to acquire more assets in India.

Creditors have received 195% of the liquidation value of the companies which found resolution under the Insolvency and Bankruptcy Code (IBC), Dr M.S. Sahoo, chairperson, Insolvency and Bankruptcy Board of India (IBBI) said at in New Delhi on 4 May...

HCL Technologies (HCL) and Colorado Springs-headquartered Cherwell Software has launched a product platform that layers the DRYiCE™ GBP (Gold Blue Print for Service Management) on the Cherwell Service Management platform.

Merger and Acquisition (M&A) activity levels have been steady with domestic consolidations and continued activity in distressed M&A leading the way.

Resolution plans under the Insolvency and Bankruptcy Code (IBC) have yielded 200% of liquidation value for creditors in addition to rescuing viable firms, said Dr M S Sahoo, Chairperson of Insolvency and Bankruptcy Board of India (IBBI).