Retail chain
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Franchise India Bureau May 14 2018 - 2 min readHomegrown private equity firm True North is set to acquire 26% stake in Fedbank Financial Services Ltd (Fedfina), a non-banking financial company (NBFC) of Kerala-based private sector lender Federal Bank in an undisclosed deal. The acquisition will take place through the purchase of fresh shares. After the transaction, Federal Bank’s stake ...
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Franchise India Bureau May 01 2018 - 2 min readThe Indian government has added days to the last date of reception of initial bids for its stake in state-run carrier Air India to May 31 from May 14, notified the Ministry of Civil Aviation in a post. India will announce the qualified bidders for the beleaguered airline on June 15, ...
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Franchise India Bureau May 01 2018 - 1 min readMahindra and Mahindra Ltd confirmed an all in cash deal investment plans of C$6.63 million ($5.17 million) for a 10% stake in Canadian technology firm Resson Aerospace Corp. M&M will acquire up to 800,402 Class C preferred shares of Resson Aerospace, which translates into 10% of the company’s share capital on ...
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Franchise India Bureau Apr 07 2018 - 1 min readThe third largest software services of the country, Wipro India's has confirmed to sell 63% of its stake in Wipro Airport IT to Antariksh Softtech in a Rs 3.15 crore deal. Wipro Airport IT Services Ltd is a joint venture (JV) between Wipro (74%) and Delhi International Airport Ltd or DIAL ...
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Franchise India Bureau Mar 26 2018 - 3 min readCalgary-based Sikh real estate mogul Bob Dhillon, who donated $10 million dollars to the local University of Lethbridge has opened up abour his long-term aim to bring students from Punjab and the rest of India to give them futuristic education at one of Canada’s top universities. In recognition of his donation, ...