Trent to acquire majority stake in Booker India
Trent to acquire majority stake in Booker India

Trent to acquire majority stake in Booker India

Pritam Bhawar Article rating: 4.5

Trent Limited on Tuesday informed that the company has agreed to acquire 51 per cent of the share capital of Booker India Private Limited (BIPL) for a consideration of Rs. 22 crore approximately.

Star Cement exempted from buyback tax, stock gains
Star Cement exempted from buyback tax, stock gains

Star Cement exempted from buyback tax, stock gains

Pritam Bhawar Article rating: 4.5

The announcement of Hon’ble Finance Minister regarding tax on buy back of listed companies saved buyback tax of many companies including Star Cement.

Mindtree releases merchant on-boarding solution for banks
Mindtree releases merchant on-boarding solution for banks

Mindtree releases merchant on-boarding solution for banks

Pritam Bhawar Article rating: 5.0

The technology services company, Mindtree, on Wednesday, announced the release of its ‘merchant on-boarding solution' for acquirer banks and payment service providers. In order to enable financial institutions with that facilitate credit card or debit payments to more quickly, seamlessly and securely onboard merchants as customer it uses hyperledger fabric blockchain technology.

Lemon Tree Hotels expands presence in West Bengal
Lemon Tree Hotels expands presence in West Bengal

Lemon Tree Hotels expands presence in West Bengal

Pritam Bhawar Article rating: 3.1

Lemon Tree Hotels (LTH), a largest mid-priced hotel sector chain in India announced that company has signed a License Agreement for 80-room hotel at West Bengal.

Aavas Financiers raises Rs. 345 crore from IFC
Aavas Financiers raises Rs. 345 crore from IFC

Aavas Financiers raises Rs. 345 crore from IFC

Pritam Bhawar Article rating: 3.5

On 16th September 2019, Aavas Financiers Limited ("Aavas") informed the exchanges that it has received an investment of Rs. 345 crore from IFC.

NBCC bags order worth Rs. 390 crore
NBCC bags order worth Rs. 390 crore

NBCC bags order worth Rs. 390 crore

Pritam Bhawar Article rating: 4.3

On Monday, 16th September 2019, NBCC (India) Limited announced that it has signed a Memorandum of Understanding (MoU) with Utkal University, Bhubaneswar, Odisha.

Infosys to hire 1000 Americans at Arizona Center
Infosys to hire 1000 Americans at Arizona Center

Infosys to hire 1000 Americans at Arizona Center

Pritam Bhawar Article rating: 5.0

Infosys has inaugurated the Arizona Technology and Innovation Center to focus on autonomous technologies, IoT, full-stack engineering, data science and cyber security.

PI Industries acquires lsagro Asia
PI Industries acquires lsagro Asia

PI Industries acquires lsagro Asia

Pritam Bhawar Article rating: 3.0

PI Industries announced on Friday that it has executed the acquisition of lsagro Asia through 100 per cent share holding.

JM Financials acquires debentures worth Rs.183.37 crore from JMFARC
JM Financials acquires debentures worth Rs.183.37 crore from JMFARC

JM Financials acquires debentures worth Rs.183.37 crore from JMFARC

Pritam Bhawar Article rating: 5.0

JM Financials on Thursday announced that the company has acquired 49,16,104 compulsorily convertible debentures (which are convertible into 4,91,61,040 equity shares as per the term of issue) of face value of Rs. 373 per share for cash aggregating Rs. 183.37 crore of JM Financial Asset Reconstruction Company Limited (JMFARC), a material subsidiary of the JM Financials.

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