An affiliate of Carlyle Asia Partners IV has bought a stake in Metropolis Healthcare Ltd, a multinational chain of pathology laboratories, Carlyle Group said in a statement.
Prime Minister Narendra Modi today said India attaches the highest importance to its relations with Sri Lanka. Noting that the two countries enjoy deep and enduring links of kinship, history and culture.
Located at Deira, it was operating the hotel since 2001 and it was handed back to its owner - Juma Al Majid Group, on August 31 2015, the hospitality major said in a statement.
Sri Lanka's slide, after facing a mere 18 overs, happened after Pujara (145 not out) guided his side to 312 all out (100.1 overs) in the first innings. Pujara became the 45th batsman in Test cricket to carry his bat through an innings.
Sources said the move is part of the company's plan to consolidate its operations, reduce debt and get out of unproductive, low-margin business.
The ratings agency said Asia's large population, GDP growth, and voracious appetite for data services will boost revenues across most of the region's telecom markets.
JK Paper, a part of the over 100-year old JK Organisation, today achieved a golden jubilee milestone after listing in 1965. JK Organisation has been in the paper industry for over 75 years starting with a 3600 TPA board mill at Bhopal in 1938.
Modi is expected to travel to the US late September to attend the 70th annual session of the UN General Assembly.
66-year-old veteran reformist was handpicked by President Maithripala Sirisena to lead a minority government after the ouster of longtime president Mahinda Rajapaksa in January.
As much as 70 percent of marketers in India admit that they find it difficult to integrate data from different sources, says the study by global market insight firm TNS. Indian businesses are investing more in data-driven digital platforms and tracking systems to help them understand the challenging online landscape, it added.
Speaking to CNBC in an exclusive interview, Central Bank of Sri Lanka Governor Arjuna Mahendran said he preferred the US central bank to increase its short-term lending rate by September rather than postpone the long-awaited move.
Set a tricky victory target of 176, the listless Indians surrendered tamely to be skittled out for their lowest score of 112 in just 49.5 over to give the islanders a 1-0 lead in the three-match series.
The company has entered into an agreement with Kuoni group to buy 100 percent stake in Kuoni Travel (India) Pvt Ltd, Thomas Cook India said in a statement.
During the period, Indian companies invested USD 3.42 billion in these countries which include Bhutan, Brazil, Nepal, Japan, the US, Myanmar, Australia, Fiji, Seychelles, Mauritius, Sri Lanka and Singapore.
Barclays Bank has provided the necessary funding support, Delhi-based Tenon group said in a statement. Tenon announced "the 100 per cent acquisition of Office & General Group Ltd (O&G), UK's leading independent facility management service company, for 6.5 million pounds (approx Rs 65 crore), in cash and equity deal".
Bharti Airtel on Thursday appointed Jinesh Hegde as Chief Executive Officer of its Sri Lanka operations.
Despite Prime Minister Narendra Modi launching a range of economic reforms, industrial growth in India remains weak hurting demand for large trucks and forcing companies like Tata Motors to look overseas for profit.
You may soon be able to drive over to Sri Lanka. That's right, India plans to build a bridge to its southern neighbour. This will be part of the Modi government's infra push and also its strategic initiative to ensure seamless connectivity between the SAARC nations.
Besides, the government is working towards a Rs 22,000 crore project to provide connectivity between India and Sri Lanka for which the Asian Development Bank has expressed willingness to provide funding, he said.
The two leaders met ahead of the BRICS and Shanghai Cooperation Organisation (SCO) summits here. It is the fourth bilateral meeting between the two leaders since their first in Fortaleza, Brazil, last July.
Quoting latest data published by World Cellular Information Service (WCIS), Airtel has over 303 million mobile subscribers across its operations and has moved up one position in the global rankings.
Samsung will launch several Tizen smartphones at varying prices, the person said without disclosing other specifications.
Ashok Leyland, Managing Director Vinod K Dasari said Dost fills an important gap in the company's portfolio, and 1,00,000 Dost vehicles on road, across 11 countries, is a proof of a good product design, solid engineering, and strong market acceptance.
Indian sugar mills have contracted to export 50,000 tonnes of white sugar to Sri Lanka, Myanmar, Afghanistan and Turkmenistan at USD 340-$345 a tonne, free on board, trade sources said, the first major deal in the past few months.
Addressing investors, analysts and business executives at the think-tank Council on Foreign Relations here yesterday, Finance Minister Arun Jaitley said Prime Minister Narendra Modi recently spoke to his Pakistani counterpart Nawaz Sharif.