Tejas Networks, a telecommunications and network company, Thursday announced an arm of Tata Sounds acquires the participation of the participation by 1 890 crore of 1 890 crore in a multi-step transaction. The company has executed final agreements with Panatone Finvest, a subsidiary of Tata Sons (TATA Group Management Company), […]
Author: biden
4 Funds Invested in Adani Firms Have History of Bets Gone Wrong: Report
Four Mauritius-based funds that attracted attention to parking almost all their money in a company controlled by Indian billionaire Gautam Adani had a history of investing in companies that ended default or investigated for errors. Before they put around 90 percent of $ 6.9 billion in management in the Adani […]
Sensex, Nifty fall over 1%; here are 5 factors behind the sell-off
Equity benchmark India Sensex and Nifty are shaken under pressure throughout the council sold in intraday trading on July 28. The sensex flagship index fell more than 750 points while the good floated near 15,500 in morning trade, reflecting weak global cues. According to media reports, the Nasdaq Golden Dragon […]
ShareChat raises $145 million from Temasek, Mirae, others at near $3 billion valuation
Indian social network ShareChat on July 27 said its parent has raised $145 million led by Temasek, valuing it at $2.88 billion, above the $2 billion it had been valued at in April. Mohalla Tech, which runs ShareChat and short video app Moj, also raised money from Koren asset manager Mirae and Moore Strategic […]