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Defence Ministry Seals 5 Procurement Deals Worth Rs 39,125 Crore
India on Friday sealed five major defence acquisition contracts worth Rs 39,125 crore including procurement of BrahMos supersonic cruise missiles, radars, weapon systems and aero-engines for MiG-29 jets as part of efforts to boost the combat
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Shark Tank India's Vineeta Singh Turns Pitcher And Secures Deal Worth...
The finale week of 'Shark Tank India Seaon 2' saw one of the show's judges Vineeta Singh pitch her own company SUGAR cosmetics to the other judges and strike a deal worth Rs 5 crore with all of them.
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5 Facts On BJP MLA Madal Virupakshappa Whose Son Was Caught Taking Bribe
BJP leader Madal Virupakshappa's son was caught accepting a Rs 40 lakh bribe to clear a deal for raw materials needed to manufacture soaps and detergents. A day later, over Rs 6 crore cash was found at the residence of the Karnataka BJP MLA's son.
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Why Ola Chose Tamil Nadu Over 5 Other States For Rs 7,600 Crore Electric Vehicle Deal
Electric vehicle maker Ola Electric plans to set up what it says will be the world's largest electric vehicle hub in Tamil Nadu. Five other states were in the race but the contract finally went to Tamil Nadu.
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Infosys Profit Rises To Rs 5,421 Crore In Q2, Revenue Guidance Raised On Higher Demand
Infosys announced its July-September quarter results for the financial year 2021-22 on Wednesday, October 13, reporting a net profit of Rs 5,421 crore, up 11.88 per cent year-on-year, on a consolidated basis. The country's second-largest information technology (IT) services provider by market value, raised its annual revenue guidance as pandemic-le...
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Hindustan Aeronautics Signs Rs 5,375 Crore Contract With GE Aviation; Stock Zooms 3%
"This is the largest ever deal and the purchase order placed by HAL (Hindustan Aeronautics) for LCA (Light Combat Aircraft)," R Madhavan, CMD, HAL said
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Hindustan Aeronautics Signs Deal With US Firm For Engines To Power Tejas Aircraft
State-run aerospace giant Hindustan Aeronautics Limited (HAL) today said it has placed an order of Rs 5,375 crore for 99 F404-GE-IN20 engines and support services with US' GE Aviation to power the Tejas Light Combat Aircraft (LCA).
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Infosys Profit Rises In June Quarter Led By Large Deals From Businesses: Key Highlights
Infosys announced its April-June quarter results for the financial year 2021-22 on Wednesday, July 14, reporting a net profit of Rs 5,195 crore, up 22.7 per cent year-on-year, on a consolidated basis. The net profit of the country's second-largest information technology (IT) services provider by market value increased in the quarter driven by secur...
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Infosys Profit Rises 17% To Rs 5,076 Crore In Q4, Approves Share Buyback Proposal
Infosys Q4 results: Infosys has guided for revenue growth in the range 12-14% in constant currency terms while operating margins are expected to be in range of 22-24%.
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Abu Dhabi Investment Authority Invests Rs 5,512.50 Crore In Reliance Retail
Billionaire Mukesh Ambani-promoted Reliance Industries said on Tuesday that its retail arm, Reliance Retail Ventures, will sell a 1.2 per cent stake to Abu Dhabi Investment Authority (ADIA) for Rs 5,512.50 crore. The deal gives Reliance Retail Ventures a pre-money equity value of Rs 4.29 lakh crore, the conglomerate said in a press release. The tra...
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Reliance Industries To Sell 1.28% Stake In Retail Arm To US-Based KKR For Rs 5,550 Crore
Billionaire Mukesh Ambani-led Reliance Industries said on Wednesday that the US-based investment firm KKR will buy a 1.28 per cent stake in its retail arm, Reliance Retail Ventures, for Rs 5,550 crore. The transaction gave Reliance Retail an equity value of Rs 4.21 lakh crore, Reliance Industries said in a regulatory filing before market hours on W...
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Reliance Industries Slips After Abu Dhabi Investment Authority-Reliance Jio Deal
Abu Dhabi's state-owned company ADIA (Abu Dhabi Investment Authority) will purchase a 1.16 per cent stake in Jio Platforms for Rs 5,683.50 crore
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Abu Dhabi Investment Authority To Buy Rs 5,684-Crore Stake In Jio Platforms
Reliance Industries said on Sunday that Abu Dhabi's state-owned company ADIA (Abu Dhabi Investment Authority) will purchase a 1.16 per cent stake in its digital services arm Jio Platforms for Rs 5,683.50 crore through a wholly-owned subsidiary. With the ADIA deal, Jio Platforms - which houses billionaire Mukesh Ambani-led Reliance Industries' telec...
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US-Based Silver Lake, Co-Investors To Up Stake In Jio Platforms To 2.1%
Reliance Industries said on Friday that US-based private equity firm Silver Lake and its co-investors will buy an additional 0.93 per cent stake in its digital arm, Jio Platforms, for Rs 4,546.80 crore. With this, the total investment by Silver Lake and its co-investors in Jio Platforms - which houses Reliance Industries' telecoms arm Reliance Jio ...
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"Lost Rs 7,800 Crore Revenue Due To Tax Concessions," Says Centre: Highlights
Finance Minister Nirmala Sitharaman announced reforms in seven key areas,including MGNREGA, healthcare and education, ease of doing business, in the fifth and final tranche of economic stimulus package to deal with the economic fallout of the COVID-19 pandemic. also announced an increase in borrowing limit forstates from 3 per cent to 5 percent. Th...
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Defence Ministry Seals 5 Procurement Deals Worth Rs 39,125 Crore
India on Friday sealed five major defence acquisition contracts worth Rs 39,125 crore including procurement of BrahMos supersonic cruise missiles, radars, weapon systems and aero-engines for MiG-29 jets as part of efforts to boost the combat
-
Shark Tank India's Vineeta Singh Turns Pitcher And Secures Deal Worth...
The finale week of 'Shark Tank India Seaon 2' saw one of the show's judges Vineeta Singh pitch her own company SUGAR cosmetics to the other judges and strike a deal worth Rs 5 crore with all of them.
-
5 Facts On BJP MLA Madal Virupakshappa Whose Son Was Caught Taking Bribe
BJP leader Madal Virupakshappa's son was caught accepting a Rs 40 lakh bribe to clear a deal for raw materials needed to manufacture soaps and detergents. A day later, over Rs 6 crore cash was found at the residence of the Karnataka BJP MLA's son.
-
Why Ola Chose Tamil Nadu Over 5 Other States For Rs 7,600 Crore Electric Vehicle Deal
Electric vehicle maker Ola Electric plans to set up what it says will be the world's largest electric vehicle hub in Tamil Nadu. Five other states were in the race but the contract finally went to Tamil Nadu.
-
Infosys Profit Rises To Rs 5,421 Crore In Q2, Revenue Guidance Raised On Higher Demand
Infosys announced its July-September quarter results for the financial year 2021-22 on Wednesday, October 13, reporting a net profit of Rs 5,421 crore, up 11.88 per cent year-on-year, on a consolidated basis. The country's second-largest information technology (IT) services provider by market value, raised its annual revenue guidance as pandemic-le...
-
Hindustan Aeronautics Signs Rs 5,375 Crore Contract With GE Aviation; Stock Zooms 3%
"This is the largest ever deal and the purchase order placed by HAL (Hindustan Aeronautics) for LCA (Light Combat Aircraft)," R Madhavan, CMD, HAL said
-
Hindustan Aeronautics Signs Deal With US Firm For Engines To Power Tejas Aircraft
State-run aerospace giant Hindustan Aeronautics Limited (HAL) today said it has placed an order of Rs 5,375 crore for 99 F404-GE-IN20 engines and support services with US' GE Aviation to power the Tejas Light Combat Aircraft (LCA).
-
Infosys Profit Rises In June Quarter Led By Large Deals From Businesses: Key Highlights
Infosys announced its April-June quarter results for the financial year 2021-22 on Wednesday, July 14, reporting a net profit of Rs 5,195 crore, up 22.7 per cent year-on-year, on a consolidated basis. The net profit of the country's second-largest information technology (IT) services provider by market value increased in the quarter driven by secur...
-
Infosys Profit Rises 17% To Rs 5,076 Crore In Q4, Approves Share Buyback Proposal
Infosys Q4 results: Infosys has guided for revenue growth in the range 12-14% in constant currency terms while operating margins are expected to be in range of 22-24%.
-
Abu Dhabi Investment Authority Invests Rs 5,512.50 Crore In Reliance Retail
Billionaire Mukesh Ambani-promoted Reliance Industries said on Tuesday that its retail arm, Reliance Retail Ventures, will sell a 1.2 per cent stake to Abu Dhabi Investment Authority (ADIA) for Rs 5,512.50 crore. The deal gives Reliance Retail Ventures a pre-money equity value of Rs 4.29 lakh crore, the conglomerate said in a press release. The tra...
-
Reliance Industries To Sell 1.28% Stake In Retail Arm To US-Based KKR For Rs 5,550 Crore
Billionaire Mukesh Ambani-led Reliance Industries said on Wednesday that the US-based investment firm KKR will buy a 1.28 per cent stake in its retail arm, Reliance Retail Ventures, for Rs 5,550 crore. The transaction gave Reliance Retail an equity value of Rs 4.21 lakh crore, Reliance Industries said in a regulatory filing before market hours on W...
-
Reliance Industries Slips After Abu Dhabi Investment Authority-Reliance Jio Deal
Abu Dhabi's state-owned company ADIA (Abu Dhabi Investment Authority) will purchase a 1.16 per cent stake in Jio Platforms for Rs 5,683.50 crore
-
Abu Dhabi Investment Authority To Buy Rs 5,684-Crore Stake In Jio Platforms
Reliance Industries said on Sunday that Abu Dhabi's state-owned company ADIA (Abu Dhabi Investment Authority) will purchase a 1.16 per cent stake in its digital services arm Jio Platforms for Rs 5,683.50 crore through a wholly-owned subsidiary. With the ADIA deal, Jio Platforms - which houses billionaire Mukesh Ambani-led Reliance Industries' telec...
-
US-Based Silver Lake, Co-Investors To Up Stake In Jio Platforms To 2.1%
Reliance Industries said on Friday that US-based private equity firm Silver Lake and its co-investors will buy an additional 0.93 per cent stake in its digital arm, Jio Platforms, for Rs 4,546.80 crore. With this, the total investment by Silver Lake and its co-investors in Jio Platforms - which houses Reliance Industries' telecoms arm Reliance Jio ...
-
"Lost Rs 7,800 Crore Revenue Due To Tax Concessions," Says Centre: Highlights
Finance Minister Nirmala Sitharaman announced reforms in seven key areas,including MGNREGA, healthcare and education, ease of doing business, in the fifth and final tranche of economic stimulus package to deal with the economic fallout of the COVID-19 pandemic. also announced an increase in borrowing limit forstates from 3 per cent to 5 percent. Th...
