Mumbai based VC firm, Iron Pillar has raised ₹129 crores for its maiden Indian fund to invest in technology startups. It has already invested in Bluestone and NowFloats Technology.
Dewan Housing Finance Corp has picked up 16% stake in Mumbai based Social Worth technologies by investing ₹13.4 Crores.
After giving a tough competition to FMCG brands, Baba Ramdev is now eyeing to enter restaurant business to counter McDonalds, KFC and Subway.
Baba Ramdev led Patanjali is aiming to double its revenue in the coming fiscal. It plans to increase the manpower to 5 lakh and distributor base to 12,000.
At an event in New Delhi, Baba Ramdev disclosed that homegrown Ayurvedic brand Patanjali has clocked a revenue of ₹10,561 crores in the last fiscal year.
BSE Sensex has touched all time high mark of 30,146 following the positive global trend. Nifty remains steady over 9300.
Wipro has announced Q4 figures for the year ended in March. The third largest IT company of India made a profit of ₹2267 crores in the last quarter of 2016-17.
Labour Ministry has clarified that employees can now use upto 90% of EPF amount to buy home or pay the down payment.
Narendra Modi has suggested to advance the financial year to January - December on the lines of Global system.
Kaalari Capital has agreed with terms set by Softbank for SnapDeal's sale to Flipkart. The proposed deal will value SnapDeal at around $1 Billion.