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IT firms fight for $16 billion worth of deals; Zomato pauses Blinkit integration - Vimarsana News

IT firms fight for $16 billion worth of deals; Zomato pauses Blinkit integration

Indian IT firms are expected to put up a tough fight for these contracts, many of which are now serviced by global multinationals. Experts attribute this competition to technology clients turning more cost-conscious in a turbulent macro-economic environment.

Uni Cards: Uni Cards reports rise in FY23 revenue to Rs 34 crore, loss up 13% - Vimarsana News

Uni Cards: Uni Cards reports rise in FY23 revenue to Rs 34 crore, loss up 13%

Uniorbit Technologies, which was impacted by the Reserve Bank of India's order to stop linking credit lines to prepaid cards in June 2022, saw its revenue from operations growing to nearly Rs 34 crore in FY23.

India Update | Volume 4 Of 2020 - Corporate/Commercial Law - Vimarsana News

India Update | Volume 4 Of 2020 - Corporate/Commercial Law

Private equity investments and exits Q3 2020 witnessed 173 Private equity ( PE) investments worth USD 7.5 billion The largest PE investment was announced by Silver Lake, KKR and General Atlantic's USD 2536 million investment in Reliance Retail Ventures The second largest investment was the USD 414 million acquisition of publicly-listed pharmaceuticals company JB Chemicals & Pharmaceuticals Ltd by global PE investor KKR The third largest investment was the purchase of ECL Finance's sticky corporate loans worth USD 401 million by US-based Farallon Capital and Singapore-based SSG Capital Funds ...

Source: mondaq.com