Adani group on Tuesday said it has taken over the management of Mumbai International airport from the GVK group. The group last August had announced that it would acquire GVK Group's stake in Mumbai airport. Adani group will have 74 per cent stake in Mumbai's Chhatrapati Shivaji Maharaj International Airport, post the stake purchase transaction, with 50.5 per cent being bought from GVK group and 23.5 per cent from minority partners including Airports Company South Africa (ACSA), and Bidvest Group, it had said.
Private equity and venture capital investments more than halved to $3.6 billion in May 2021 when compared to the preceding April's $7.5 billion and a third lower than the year-ago period's $5.4 billion, a report said on Monday. However, on a year to date basis, the venture investments by these two categories of investors have doubled to $20 billion for the first five months of 2021, the report by industry lobby IVCA and consultancy firm EY said, stressing that investors continue to remain bullish. It can be noted that the country underwent the ravages of the second wave of the pandemic since April this year.
Will the warning shots from giants like Unilever and P&G break digital growth?
Bollywood superstar Shah Rukh Khan's Knight Riders Group, on Tuesday, announced their foray into the untapped US cricket market investing in development of Major League Cricket with a multi-million dollar T20 tournament.
'There will be two to three months of containment, and when there is normalcy, the risk is a relapse and a return to lockdowns.'
Its entry will increase competition especially when WhatsApp too has received approvals to launch payment service.
'Hot Mess Holiday airs on December 11 -- it's a really fun story.'
Here's how you can make your date feel special.
An interview with BMR partners and media specialists Nitin Atroley and Vivek Gupta
'You don't control who you love. Love happens. You don't decide you're going to love this person.' Love talk from Priyanka Chopra.
'I am most excited about a new video production solution for large organisations -- think Fortune 500 companies -- that have distributed teams, many of which are based in India.'
Jump Games, a leading publisher and developer of games across mobile platforms and a part of Reliance Entertainment, announced their mega deal with the most popular football club in the world -- Manchester United Football Club as their official mobile games partner.
Pegged at $1.8 billion in construction deal size, The London Resort, which is located 17 minutes outside London, has attracted bids from three other construction majors from across the world.
The US Open golf championship, which was set for June 18-21 at Winged Foot in New York, has been rescheduled due to the novel coronavirus outbreak, the US Golf Association said on Monday. The new dates for the year's third major are September 17-20 also at Winged Foot.
Dealmakers and advisors feel investors are shifting their focus to Asia Pacific, especially India, owing to geopolitical instability driven by events such as Brexit and protectionist trade wars.
'Their income will reduce, but not the fees.'
TikTok is up against not just government sanction but also a set of feisty home-grown brands that have raised the 'vocal for local' banner to stake claim to the platform's vast small-town reach, point out T E Narasimhan and Sai Ishwar.
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The Council includes companies like Tata Motors, Flipkart, Airtel, P&G, Madison World, ICICI Bank, HUL, Micromax and Future Group among others.
Kolkata-based business tycoon Sanjiv Goenka's RP-SG Group claimed the Lucknow franchise for a whopping Rs 7090 crore, while international equity investment firm CVC Capital won the bid for Ahmedabad with a Rs 5600 crore offer.
India will be one of the 13 countries to host the mega launch of the much-awaited Windows 10, the latest version of the popular operating system.
Idea is to bring stakeholders together and explore ways to increase export of services from India.
Plans another $1-billion fund, wants to expand core team in India.
Increments in 2017 would be less than in 2016, says survey.
A stake sale of Reliance's real estate portfolio would help it raise anything between $1-5 billion and could be one of the triggers for the company's shares to break out.
Jio's global partnerships took shape this year when Jio Platforms, a 100 per cent subsidiary of Reliance Jio which has invested in various digital platforms, was able to woo a bevy of marquee investors: Facebook, Google, Qualcomm, Intel, and a numerous PE funds.
"As we have discussed, Joe has outlined our plan for vaccinations, our plan for recovery, and in particular relief for working people, for families. And there is a lot to do. Some of them say that ours are ambitious goals, but we do believe with hard work and with the cooperation and collaboration of the members of the United States Congress that we can get it done," Harris said in response to a question.
The company has partnered with Lux Cozi and plans to take its team's apparel to the masses.
Sony signed a 305 million dollar deal with FIFA, its first global sponsorship agreement.
Having established its licensing business for a decade, it is tapping real estate to build on its themes.
The income tax department estimates total collection to be between Rs 10.5 trillion and Rs 10.7 trillion against the revised target of Rs 11.7 trillion.
Both partners would inject $200 million each in the form of equity and hold 50 per cent stake each. They plan to raise another $600 million in the form of debt to create a corpus of $1 billion to develop malls across tier-I, II and III cities.
Buying Yahoo's assets would expand DailyMail.com's reach and improve its digital ad rev
Eleven years into the league and after a 70 per cent year-on-year growth in merchandise sales over the past three to four years, albeit on a low base, the franchise owners are coming up with innovative games and shows around their teams besides spinning a wider range of merchandise around their star players.
Netflix and Prime have decided that rather than only buying the rights to Bollywood blockbusters to expand their reach in India, producing original content would be a better idea.
With deals close to Rs 70 crore, GoT could turn out to be the most merchandised entertainment property of the year in India.
Netflix has already released 8 and the rest 14 will be out over the next 18 months, starting with the Abhay Deol-starrer Chopstick this month.
are in the process of building one at the Jio Center in Bandra Kurla Complex where the Maker Maxity building used to be. "This theatre will be on the top of the mall and should be able to accommodate 300 cars, and is expected to open sometime in January or February next year.
Both its short video-sharing apps have ranked as the top two breakout social apps of 2019 in India.
Amazon Prime leads the race to buy digital rights for Bollywood blockbusters with Hotstar and Netflix trailing far behind.
