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Archive for the 'Funding' Category

Tribhovandas Zaveri Plans 43 Showrooms In Tier 1 & Tier 2 Cities; Rs 1,200 crore Investment

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The Jewelry retailer Tribhovandas Bhimji Zaveri is doing great in their business and just recently, the company got a good response to its initial public offering. With this the company had announced that with these potentials, they are going to invest about Rs 1,200 crore in the next three years for opening 43 showrooms that […]

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Expansion plans of Wealth India Financial; Rs. 20 Crore Funds Raised

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Online investment these days has become really popular which made some financial services company do their best to be into this market. Among the promoters of online investment services is Wealth India Financial Services which handles the FundsIndia.com platform. It had already raised a total of Rs 20 crore from existing as well as new […]

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Muthoot Capital Posts 110% Increase In Net Profit

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Good number keeps pouring for Muthoot Capital Services Ltd where it has been reported to gain about 110 per cent in its net profit at Rs 4.93 crore. The net profit that they had in the corresponding period last year was only Rs 2.35 crore. This just shows that the company is really doing well […]

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Rs 25,000 Crore Investment Plans of ITC Over the next 5-7 years

In the company’s 101st annual general meeting on Friday, the chairman of ITC Ltd YC Deveshwar had boasted their investment plan of Rs 25,000 crore which would be done over the next 5-7 years. This is definitely a good way to impress the stakeholders of the company who are in attendance during the celebration. Currently, […]

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YourNest Angel Fund and Mumbai Angels Invest in Bookmycab.com

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YourNest Angel Fund and Mumbai Angels decided to invest in Bookmycab.com. This investment just means that the market for cab renting is on the rise. Major cities in India definitely needs quality cab service and this is just what Bookmycab.com would provide especially with these new investment that they got from Fund companies. The investment […]

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Tube Investments to buy stake in Shanthi Gears

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The Muragappa group company Tube Investment if India is planning to expand its stake by purchasing about 44.12 of stake from Shanthi Gears. This stake would cost them around Rs 292 crore. The company had entered into an agreement where they will acquire 3.6 crore equity shares for Re 1 each. They are also planning […]

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Quadria Capital To Raise Rs. 16 Crore For Healthcare Fund

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Quadria Capital Investment Management is planning to raise a $300-million healthcare fund. This plan will be participated by Religare Enterprise. According to Amit Verma, managing partner at Quadria Capital Investment Management, Religare is committed to invest and amount of $15- 30 million for the said fund. Also, Verma added that they are aiming $100 million […]

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Windar to Invest Rs. 150 cr in India for Expansion

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Since more and more companies are now embracing renewable energy, among the leading companies, Windar Renewable is planning to double its production of tubular towers in India by the year 2014. This will be with an investment that costs them Rs 150 crore. Currently, the company has a plantation where they produce their towers at […]

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