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    • Samena Capital invests additional Rs 100 cr in Bloom Hotels

      Samena Capital had earlier, in April this year, invested Rs 100 crore in a series B investment round in Bloom Hotels for 35 percent stake in the company.

    • Samena Capital buys up to 35% stake in Bloom Hotels for Rs 100 cr

      The investment will help roll out the company's innovative affordable brands to all Indian cities, Bloom Hotels said in a statement.

    • Kinetic Grp ties up with MV Agusta to sell bikes in India

      The group also plans to launch the first bike of MV Agusta in November this year and will set up a network of showrooms in top cities to retail the motorcycles besides providing after-sales service.

    • Kinetic Engg up 5% on exiting from Mahindra Two Wheelers

      After repayment of non-convertible debentures (NCDs) and cost of financing, the Pune-based company will get Rs 109 crore. "KEL will utilise the net proceeds to meet various obligations of its business including working capital and substantially towards FCCB/debt repayment obligations to strengthen its balance sheet," it said in a statement.

    • RCom-Sun Group's DTH merger plans called off

      The talks between the two players had been called off about a month ago and RCom is still looking to bring in a strategic player for its DTH business.

    • RComm may sell controlling stake in DTH biz to Sun: Sources

      CNBC-TV18's Kritika Saxena says the valuation of the DTH stake is around Rs 2500 crore. The companies will take another 10-15 days before making any official announcement. .

    • RComm up 16% on talks with PEs to sell Reliance Globalcom

      Telecom operator Reliance Communications surged 16 percent in late trade on Monday, to touch a new 52-week high of Rs 100.05 on news that the company is in talks with PE consortium to sell Reliance Globalcom.

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