It takes more than sheer passion to gain ground in a new retail segment, especially in an impulsive economy like India. Nonetheless, with their perseverance, exceptional business acumen, tireless labor, and the vision to make it big, three young entrepreneurs have emerged as market leaders in e-commerce home furnishing segment in India, just within 12 months of setting up base. ... Read More »
BG Group is set to sign a 20-year contract worth as much as $20 billion to provide liquefied natural gas to Gujarat, the Financial Times reported on Tuesday citing people with knowledge of the deal. In 2011, the British oil and gas firm entered into an initial agreement with India’s state-owned Gujarat State Petroleum Corp to explore supplying as much ... Read More »
A couple of years back I was holidaying with my wife at Lonavala. I remember having seen a banner giving directions to a Celebrity Wax Museum. We couldn’t go there due to lack of time. Time passed by and I read stories about wax models of Indian celebrities being designed at Madame Tussuads. Meanwhile we started our website and had ... Read More »
Enterprise messaging service provider ValueFirst Digital Media has acquired mobile video service clk2c.com for an undisclosed amount, according to a statement issued by the company. Clk2c.com, a unit of Samadhan Systems, offers personalised video mobile messaging and advertising solutions for enterprises and individual consumers. The acquisition will enable ValueFirst to execute media campaigns on its opt-in consumer base of more ... Read More »
Future Groups Kishore Biyani is set to raise about Rs.800 crore by unlocking value in two insurance joint ventures with Italys Generali Group as reported by ET. A formal announcement of the first transaction is expected as early as next week. To begin with,the Future Group will announce a deal in the life insurance JV, where Mumbai-based non-banking finance company ... Read More »
Ambarish Gupta, Founder, Knowlarity talks to Vishal Saxena about the success story of his venture. Ambarish has global work experience in business strategy, marketing, technology and organizational effectiveness. He worked for McKinsey & Company in US as strategy consultant and Fraunhofer Institute for Computer Graphics, Germany as researcher. He graduated from Indian Institute of Technology, Kanpur with degree in Computer ... Read More »
Avendus PE Investment Advisors are launching their third public market fund, reaffirming the private equity industrys growing interest in PIPE (private investment in public equity) transactions in India, as it looks to take advantage of low entry-level valuations as reported by ET. The five-year, Rs.500-crore India Opportunities Fund III, will be the latest investment vehicle for the mid-sized risk capital ... Read More »
Global private equity giant Warburg Pincus is expected to sell its 8.8% stake in ACB India for Rs 575 crore, valuing its total holding in Indias largest coal beneficiation firm at Rs.1,367 crore a 400% growth in the last five years as reported by Times of India. Warburg Pincus had acquired a total of 22% stake in ACB India for ... Read More »
Just imagine your housing loan being rejected because of your low credit score. Nowadays the banks have a centralised system of analysing your credit card history and if you have a bad credit card history then the banks may shy away from granting the loan. Don’t forget the due date of payment Normally we have a tendency to forget ... Read More »
Mohandas Pai and former Citibank executive Ramesh Ramanathan will be part of the business groups throwing their hats in the ring for a licence to start a bank as reported by ET. By doing so, the finance professionals will be joining what is expected to be a fierce competition for entry into a sector that has not admitted new players ... Read More »
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