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Sterlite Power to raise Rs2,500 cr via InvIT

Private power transmission systems firm Sterlite Power Grid Ventures Ltd is planning to raise around Rs.2,500 crore through an infrastructure investment trust (InvIT), a...

Havells to raise stake in Promptec Renewable

Electrical equipment maker Havells India today said it will increase its stake in Bangalore-based Promptec Renewable Energy Solutions to up to 70 per cent...

Amazon Gears Up to Launch Music Streaming Service

Amazon.com Inc is preparing to launch a standalone music streaming subscription service, placing it squarely in competition with rival offerings from Apple Inc and...

Patanjali to enter cattle feed segment, dairy items

Yoga guru Ramdev on Sunday said Patanjali would soon launch more dairy products, cattle feed and natural manure, as it is aiming a total...

Tata Power to acquire Welspun’s renewable energy arm

Tata Power said it will acquire Welspun Energy's subsidiary, Welspun Renewable Energy Pvt Ltd (WREPL) for an undisclosed amount. Tata Power said it will acquire...

TVS Automobile Solutions invests Rs 75 crore in 3 start-up companies

TVS Automobile Solutions, a part of the Chennai-based TVS Group, today said it has made substantial investments in three startups as part of its...

Retailer IKEA to consider production unit in India

Almhult (Sweden), Jun 9 (PTI) With its first store in India set to open next year, Swedish furniture retailer IKEA will consider setting up...

Helpshift raises $23 mn in Series B funding

Helpshift, a customer relationship management startup, raised $23 million in funding on Tuesday to bolster in-app customer support. Microsoft Ventures and Salesforce Ventures participated in...

Global smartphone sales to slow but not in India

New Delhi: Global smartphone sales will continue to slow down and will no longer grow in double digits, a new report has said. But...

Micromax to enter China market

Indian domestic handset manufacturer Micromax has plans to enter the Chinese smartphone market next year, Co-Founder Vikas Jain confirmed. Speaking at the Rise technology conference...

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