NEW DELHI: Airline operator SpiceJet and Celestial Aviation, a subsidiary of AerCap, one of many largest plane lessor teams, have mutually settled their USD 29.9 million (Rs 250 crore) dispute by way of amicable negotiations, avoiding litigation.The representatives of each events knowledgeable a bench of NCLT final week that settlement…
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Vodafone Concept plans to lift about Rs 45,000 crore through fairness, debt
NEW DELHI: Vodafone Concept board on Tuesday accredited a fund-raise of as much as Rs 20,000 crore by a mixture of fairness and equity-linked devices, the crisis-ridden telco mentioned, including promoters can even take part within the proposed fairness elevate. General, Vodafone Concept plans to lift round Rs 45,000 crore…
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Pernod Ricard to speculate Rs 1,800 crore in Nagpur plant
NAGPUR: French liquor large Pernod Ricard signed a memorandum of understanding (MoU) with Maharashtra govt on Friday to put money into a malt distillery at Nagpur. With a capability of 60,000 litres a day, the proposed unit is dubbed to be India’s largest malt distillery. Among the many firm’s personal…
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India’s telecom subscriber base grows to 119 crore: 2 greatest gainers and three greatest losers |
Telecom subscriber base within the nation grew marginally to 119 crore in December 2023, in keeping with a report launched by the Telecom Regulatory Authority of India (Trai).The quantity is a slight improve vis-a-vis previous month. This development was primarily pushed by new additions from Reliance Jio and Bharti Airtel.The…
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Sonu Sood’s Explurger raises Rs 37.3 crore | Sequence A funding spherical |
Actor-entrepreneur Sonu Sood’s travel-focused social media platform Explurger introduced a fund elevate of Rs 37.3 crore. The platform has raised Sequence A funding spherical led by Affle Ltd. Based on the corporate, the funding was carried out at a pre-money valuation of Rs 338 crores. The capital raised, as per…
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Birla enters paints enterprise with Rs 10,000 crore pledge
PANIPAT: Aditya Birla Group chairman Kumar Mangalam Birla mentioned on Thursday that the conglomerate’s paints enterprise, Birla Opus, is “its biggest grounds-up consumer business” with an funding of Rs 10,000 crore and is about to disrupt the trade. The group’s diversification into a brand new section comes after a decade,…
