Patanjali gets NCLT nod to acquire Ruchi Soya, with conditions The National Company Law Tribunal’s (NCLT) Mumbai Bench has approved Baba Ramdev-led Patanjali Ayurved’s ₹4,350-crore resolution plan for debt-ridden edible oil firm Ruchi Soya, which was kept in abeyance earlier. Read More Blackstone Might Invest $250 Mn In Kishore Biyani’s Future Group With a steady eye…
OYO Launches Workspaces With Acquisition of Innov8 Gurugram-headquartered hospitality unicorn OYO Hotels and Homes has officially announced its vertical expansion into the coworking real estate segment with the launch of OYO Workspaces. Read More eBay Acquires Stake In Paytm Mall To Expand India Presence US-based ecommerce company eBay has announced a strategic partnership with Paytm…
Most modern organisations implement some form of the Balanced Scorecard for performance management. However, very few of them are realising the true benefits of the tool. Results are often relegated to Excel sheets in unused folders, and the blame for that lies squarely with poor design. Tools are tools… and tools alone cannot deliver results…
Edtech Unicorn BYJU’S Raises $150 Mn Funding Bengaluru-based edtech unicorn BYJU’S has raised $150 Mn from Qatar’s sovereign wealth fund, the Qatar Investment Authority (QIA). This round also includes the participation from Owl Ventures. Read More Hyundai Kona Launch: Automaker Commits $200 Mn To Develop EV Ecosystem In India South Korean automobile company Hyundai has now…
Droom Ready To Raise $250 Mn Ahead Of IPO in 2021 Automobile marketplace Droom has said it’s in the market to raise $250 Mn in a pre-IPO round. The company said it’s in talks with multiple institutional and strategic investors, as well as existing investors. Read More Alternative Energy Firm ReNew Power Raises $300 Mn…
As both houses of Parliament convened for a joint session to launch the goods and services tax (GST), with Union finance minister Arun Jaitley’s speech reminiscent of Jawaharlal Nehru’s “India’s tryst with destiny”, India heralded the onset of what is undoubtedly the biggest tax reform in its history. Truly, this is another tryst with destiny—one…
