Ajit Pawar, Maharashtra's chief minister

Ajit Pawar, Maharashtra’s Deputy Chief Minister, stated on Friday that the state’s government has chosen to purchase coal from outside the nation to help alleviate the state’s current load shedding situation. He further stated that efforts were being made to get one coal mine in Chhattisgarh awarded to Maharashtra’s powerContinue Reading

Razorpay acquires Malaysian fintech start-up

Fintech unicorn Razorpay has acquired a majority stake in Curlec in a deal that values the Malaysian payments start-up at more than $19 million. Razorpay will full acquire the company later in 1.5 years. Kuala Lumpur-based Curlec builds solutions for recurring payments for businesses. This marks Razorpay’s fourth acquisition overall and its first in aContinue Reading

Airtel Africa inducted into London Stock Exchange's FTSE 100 index

Bharti Airtel on Thursday said its subsidiary Airtel Africa has been inducted into the London Stock Exchange’s (LSE) FTSE 100 index. Airtel Africa listed on LSE in June 2019 and had a market capitalisation of $ 7.5 billion on Wednesday. “This is a significant milestone for Airtel Africa which becomes part of FTSE 100 index in just two andContinue Reading

Zomato-backed Blinkit sets up 300 partner stores to enable 10-minute grocery delivery

By Administrator_India Capital Sands Online grocery delivery firm Blinkit, previously Grofers, has set up 300 partner stores across the country through which it is enabling grocery delivery in 10 minutes, founder and CEO Albinder Dhindsa said in a blog on December 23. The announcement comes soon after the company decided to pullContinue Reading

Tata Motors incorporates EV subsidiary Tata Passenger Electric Mobility

By Administrator_India Capital Sands Auto major Tata Motors on Wednesday informed that the company has incorporated a wholly owned subsidiary, Tata Passenger Electric Mobility Limited, which will be involved in manufacturing of electric motor vehicles. The Ministry of Corporate Affairs has issued the certificate of incorporation for the same on DecemberContinue Reading