Debt laden Reliance Communications Ltd (RCom) of the Reliance Anil Dhirubhai Ambani Group has signed a non-binding term sheet for the sale of 51 per cent stake in its telecom tower business to Canada-based Brookfield Infrastructure Group, for an upfront cash payment of Rs 11,000 crore. Under the term sheet, ... Read More »
Mumbai: Capillary Technologies Pvt. Ltd, which offers customer relationship management software and marketing analytics for retailers, has acquired Sellerworx Online Services Pvt. Ltd for an undisclosed amount in a stock and cash deal to strengthen its product portfolio. “Apart from offline retailers, we are now able to offer products to ... Read More »
Bengaluru-based Capillary Technologies, which offers solutions that help consumer brands increase customer reach, engagement, sales, and loyalty, announced the acquisition of Sellerworx, an e-commerce technology services firm. (From left to right) Venkat Potluri, Ganesamurthi and Chandramouli According to Capillary, the acquisition will help the technology platform in fortifying its omni-channel product portfolio. With ... Read More »
WITH complaints from flat buyers against unfair practices by real estate firms piling up from across the state, a proposal to appoint multiple housing regulators is now under consideration, sources said. At last count, about 37,000 such cases were pending in the consumer redressal forum, official data shows. Mumbai, the ... Read More »
NEW DELHI: Embattled real estate firm Unitech Ltd was today directed by the Supreme Court to deposit Rs 15 crore principal amount by September-end to pay back investors who had bought flats in its Gurgaon project but not got possession on time. “We feel pained,” a bench of Justices Dipak ... Read More »
Afilm production company has admitted health and safety breaches after an incident in which Hollywood star Harrison Ford was crushed by a hydraulic door on the set of the Millennium Falcon spaceship while filming the latest Star Wars movie. Ford, who was knocked to the ground and pinned down by ... Read More »
In the first four years of Emma’s life, her parents had to deal with a diagnosis of autism and then leukaemia, but the most difficult challenge they faced was the battle with their local authority for special educational support, which saw them pitted against a specialist law firm. Their experience ... Read More »
Indonesian online experience-hailing service go-Jek is in talks with potential buyers to raise fresh fundsto make bigger the business, because the heavy subsidies it gives to drivers to preserve ratescompetitive are unsustainable in the end, its chief govt said on Friday. pass-Jek, a play at the local phrase for bike ... Read More »
The first headsets were due to have arrived with customers on 28 March, but many are still waiting. The firm has blamed an “unexpected component shortage” and says customers should receive updated news on their orders by 12 April. Oculus founder Palmer Luckey said he had no further information to ... Read More »
