GrabOnRent, an online product rental service, today said it plans to raise USD five million in series A funding to fuel expansion plans.
Beverage maker plans to set up plants at Andhra Pradesh, Uttar Pradesh and Gujarat in a bid to expand this output capacity in the next 12-18 months.
Stock soars 5 percent intraday on Monday as the dairy products manufacturer and seller‘s net profit rose 63.6 percent to Rs 28.8 crore against Rs 17.6 crore (year on year).
The company's wholly-owned subsidiary will invest Rs 325 crore to expand its quartz surfaces production output by 130 percent
Gurgaon-based realty firm Vatika group has raised Rs 495 crore from Axis Bank to fund its hospitality business expansion plans.
UK based telecom giant Vodafone Plc is expected to announce a huge fund infusion to the tune of USD 5 billion in its Indian arm, reports CNBC-TV18‘s Nisha poddar quoting sources.
Chinese handset maker LeEco on June 20 said the government's move to relax FDI norms for foreign players in single-brand retail will help accelerate its expansion plans in the country
Australia-based StayWell Hospitality Group plans to add five hotels with around 550 rooms in India by the end of 2016, targeting mid- and up-scale segments as part of its expansion plans in the country
One store requires an investments to the tune of USD 8-10 million with capabilities of employing around 2000 people in one store, said Krish Iyer, President & CEO, Walmart India.
As part of the company's Make in India drive, Saint Gobain has firmed up a Rs 1000 crore investment that will be made towards setting up two new plants within the company's integrated manufacturing facility near Chennai.
The petchem major has decided to draw up a massive expansion plan, with a capex of more than Rs 1,50,000 crore.
John Rice, Vice Chairman of GE while welcoming government‘s decision of hiking gas prices said it is not just a big positive for the company but also for the sector as a whole.
JSW Steel on Tuesday said that it will set up a steel processing centre in Pune. It will along with its joint venture partner Marubeni Itochu Steel Inc.
Speaking to CNBC-TV18, Sajjan Jindal, MD, JSW Steel, said that JSW Energy has placed its expansion plans on hold and eyes organic growth.
Ansuman Das was given the full time charge of being the CMD of NALCO, a company release said today. NALCO's various expansion programmes are likely to get a boost.
The Union Minister for of State for Labour said that the Rs 20,000 crore BPCL-Kochi refinery expansion project site at Ambalamugal was declared a 'strike-free' zone with a view to completing the project within the stipulated 42 months.
Despite having doubled its revenues in the last three years of its existence to Rs 20 crores in FY13, Unique Trees is hoping to raise money from the capital markets by going public next year in order to aid its expansion plans.
Ballarpur International will see an 8-10 percent growth rate in FY14 on the back of better volumes and pricing, said Yogesh Agarwal, MD and CEO of the company. He saw EBITDA being 21 percent for FY14.
Cochin Shipyard is eyeing capital markets to raise Rs 400-500 crore through IPO for its expansion plans. The proposal is yet to be finalised and the yard has tentatively planned to offer 2.22 crore shares, he added.
Aditya Birla Nuvo's net profit surged 19 percent to over Rs 1,000 crore rupees, and to keep this momentum going, ABNL has chalked out some aggresisve expansion plans.
PK Bharadwaj, CFO, Jayaswal Neco justifies the premium price of allotment to the intrinsic value of the company. He further adds the intrinsic value lies in the coal and iron ore reserves.
With a view to fuel its expansion, the Indian snack-food retail chain Jumboking has chalked out expansion plans to add 200 outlets by 2015.
Pre-slowdown IT companies were the biggest consumers of office space. But with the tech sector now shaken by global jitters - the impact is also weighing down on the commercial real estate sector. Office transactions have plummeted more than 21% in 2012 so far, reports CNBC-TV18's Priyanka Ghosh.
After conducting meetings at Brazil, China and Russia, Goldman Sachs is now in India to complete its BRIC trip, of course, with South Africa being the new entrant. For the very 1st time, Goldman Sachs' global board, led by Lloyd Blankfein, is meeting for a quarterly review here in Mumbai, reports Krithika Saxena of CNBC-TV18.
The city of Hyderabad will soon be the location of the Indian branch of Amazon, the largest online retail brand, globally...