Nihilent Limited which is an international consulting and services company, announced a leveraged acquisition of the controlling stake by its Founder & Promoter, LC Singh from NTT Ltd. Nihilent will become a management-owned entity with this buyout. The 69.16% of share was facilitated using debt financing in association with leading funds, namely ICICI Prudential Corporate […]
On the Thursday,Apraava Energy which is jointly owned by the CLP Group — one of the largest investor-owned power businesses in Asia and global investment group CDPQ (Caisse de dépôt et placement du Québec) grabbed 250MW solar energy project from the state owned authority namely National Hydroelectric Power Corporation(NHPC) Ltd. in Rajasthan. This interstate transmission […]
After the huge success of Unified Payment Interface (UPI),Reserve Bank Governor Shaktikanta Das on Thursday dismissed criticism from certain quarters by saying that Its creator National Payments Corporation of India(NPCI) has become a monopoly and also proclaimed that there is a large space for the payment app to grow and it can become the world […]