Ola raises $2 billion from Softbank, Tencent, other investors.
Chinese internet giant has concluded a USD 2 billion fund raising from Tencent, Japan’s SoftBank and other US-based investors, according to multiple news reports. Tencent has concluded a $400 million investment in the Indian cab aggregator, according to a report in The Economic Times. The... read more »
RCom-Aircel Merger Called Off Due to ‘Regulatory’ Hurdles.
Reliance Communications, which is reeling under a debt of about Rs 46,000 crore, Sunday called off merger talks with Aircel, citing “legal and regulatory” delays and outlined an alternative plan for debt reduction by selling real estate as well as tower and fibre business. “Merger... read more »
4 Main Reasons for Rejection of Your Business Loan and How to Fix Them?
“You are rejected”— these three words are enough to panic you! Whether it’s a job, love proposal or a business loan, rejection hurts, and it hurts badly. While we can do little in case of job or love proposal rejection, we can help you with your business loan rejection. In case of a... read more »
5 Signs You Need to Make a Switch to LED Luminaires
LED lights are the lighting choice of the future and industries across the globe are adopting this technology at a fast pace. The lighting industry is witnessing a major overhaul, and this is all due to LED lights. As an efficient lighting solution, LED lights can fulfil every lighting role... read more »
