OMCs to invest ~90,000 cr on fuel upgrade

Bhubaneswar: The total investment by oil marketing companies (OMCs) on fuel upgradation programme will reach Rs 90,000 crore (US$ 13.88 billion) by 2020, according to Mr K D Tripat...

Early-stage start-ups will look to raise US$ 800 million in 2017: report

Bengaluru: Early-stage start-ups in India are expected to raise US$ 800 million in 2017, due to greater focus on profitability and sustainable growth, as per a report by InnoVen Ca...

Cairn India to invest US$ 1 billion in five projects to ramp up production

Mumbai: Cairn India Ltd (CIL) plans to invest US$ 1 billion in Raageshwari Deep Gas (RDG) project, the enhanced oil recovery (EOR) programme at Aishwariya fields, the EOR programme...

Sundaram Clayton to invest in US plant; expand in India too

Chennai: Sundaram Clayton, part of the TVS group, plans to invest US$ 50 million in US and Rs 400 crore (US$ 59.76 million) in India over the next three years.

Budget 2017 seeks to revive public investments in agriculture: Nabard chief

New Delhi: The dairy and irrigation schemes worth Rs 35,000 crore (US$ 5.22 billion) introduced in the Union Budget 2017, are expected to revive public investments in the agricultu...

AccorHotels plans to add close to 550 rooms in eastern India

Kolkata: AccorHotels, a French multinational hotel group, plans to expand its footprint in Guwahati and Kolkata by adding more 550 rooms to its portfolio of hotels in the next thre...

Stellaris raises US$ 50 million for tech-focused fund

Bengaluru: Stellaris Venture Partners, an early-stage venture-capital firm, has raised about US$ 50 million as a part of the first closing of its US$ 100 million fund, which is pla...

CureFit acquires majority stake in The Tribe in bid to expand offline footprint

Bengaluru: CureFit Healthcare Pvt Ltd, a Bengaluru-based fitness and healthcare start-up, has acquired a majority stake in fitness centre chain The Tribe for an undisclosed amount,...