Larsen & Toubro
General
Deals Digest: Funding value subdued after festival break, but volume remains strong
Investments by private equity and venture capital firms were muted for the week after Diwali. This week’s funding values have been compared ......
TMT
L&T to buy 21% stake in cloud services firm E2E Networks
Larsen & Toubro (L&T) Tuesday announced a deal to acquire a 21% stake in AI-focused hyperscale cloud platform E2E Networks ......
TMT
L&T to acquire semiconductor design firm SiliConch
Larsen & Toubro Ltd, India’s biggest engineering and construction company, has agreed to acquire Bengaluru-based SiliConch Systems Pvt. Ltd to ......
Infrastructure
I Squared Capital's smart metering firm bags another big-ticket contract
A company controlled by global private equity fund I Squared Capital has won a major contract to install smart electricity meters ......
TMT
Cyfirma gets $5.5 mn pre-Series B funding; Inflection Point Ventures backs Direct2U
Cyber intelligence firm Cyfirma and e-commerce startup Direct2U have raised early-stage funding, the companies said on Friday. Cyfirma Cyber intelligence firm Cyfirma ......
Finance
Indian shares end lower on Omicron uncertainty, Reliance drag
Indian shares reversed course to trade lower on Friday as losses in pharma stocks overshadowed gains in energy and banking ......
TMT
BlissClub and Keito raise funding; Larsen & Toubro to invest in US firm
Women’s activewear direct-to-consumer brand BlissClub Fitness Pvt Ltd said it has raised $2.25 million (Rs 16.5 crore) in a seed ......
Finance
Sterlite Power raises Rs 1,300 crore bridge finance from Allianz, local investor
Transmission company Sterlite Power has raised Rs 1,300 crore ($176.7 million) in debt financing from Germany’s Allianz Global Investors and ......
Finance
Dark clouds hanging over India Inc start to drift away, finally
First, the sliding economy clobbered India Inc, and then the pandemic that took off in April-June made things worse. But the ......
Finance
India Inc's legal costs slip off FY19 perch; Sun Pharma retakes top spot
India Inc’s legal expenses pace came down to a high single digit rate in 2019-20 from the fastest growth seen ......
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