saloni shah

/Saloni Shah

About Saloni Shah

This author has not yet filled in any details.
So far Saloni Shah has created 887 blog entries.

Blackstone acquires Aadhar Housing Finance

2019-06-14T12:54:06+00:00June 14th, 2019|Uncategorized|

Global investment firm Blackstone has bought a majority stake in Aadhar Housing that caters to the housing financing needs of low-income households. Blackstone has bought 97.7 per cent stake in Aadhar for about $314 million (Rs 2,200 crore). Blackstone announced that private equity funds managed by Blackstone have acquired a 97.7 per cent stake in Aadhar Housing Finance Ltd, including the entire stake held by existing controlling shareholders, Wadhawan Global Capital Limited (WGC) and Dewan Housing Finance Limited, it said [...]

Capgemini sets up Digital Academies in India

2019-06-14T12:51:20+00:00June 14th, 2019|Uncategorized|

Capgemini, a global leader in consulting, technology services and digital transformation, launched its Digital Academy initiative in India. The programme focuses on digital inclusion aimed to reintegrate a wide range of people from marginalised backgrounds. The India launch is part of Capgemini’s global program in digital inclusion to train excluded populations to use the best digital tools and facilitate their integration within the society of today and tomorrow. The beneficiaries of the initiative include disadvantaged youth who are NEET (not [...]

Ola to set up tech centre in San Francisco

2019-06-14T10:52:20+00:00June 14th, 2019|Uncategorized|

Ride-hailing company Ola announced plans to set up a first of its kind Advanced Technology Centre (ATC) in San Francisco as it looks to build a team of over 150 engineers in the Bay Area to help ramp up its engineering and development operations. With the sole focus on development of new tech capabilities and innovation in urban mobility, Ola’s Advanced Technology Centre in the United States will look to onboard talent who will collaborate closely with global teams in [...]

Parag Milk Foods launches premium milk brand in Singapore

2019-06-12T13:25:10+00:00June 12th, 2019|Uncategorized|

Dairy FMCG company Parag Milk Foods said it has launched its farm-to-home premium milk brand 'Pride of Cows' in Singapore. The company claimed to be the first Indian company to sell fresh milk in Singapore. It is airlifting the milk from its dairy farm, located in Manchar, near Pune to Singapore. Pride of Cows will initially be available through various home delivery platforms. Devendra Shah, Chairman, Parag Milk Foods, said in a statement: "A typical Pride of Cows consumer has [...]

Reliance, BP to develop third gas project in India

2019-06-12T13:22:30+00:00June 12th, 2019|Uncategorized|

India’s Reliance Industries Ltd (RIL) and partner BP said they would start developing a third gas field off India’s east coast. The Reliance and BP consortium, in which BP has a 30 per cent stake, is already developing two gas blocks off India’s east coast. Reliance said the three projects, developing 3 trillion cubic feet (tcf) of discovered gas, would cost $5 billion (Rs 350 billion) to develop and could produce about 30 million standard cubic meters of gas per [...]

French Railways to develop Indian railway stations

2019-06-12T13:18:39+00:00June 12th, 2019|Uncategorized|

India and France have signed an agreement under which the French Railways will help develop Indian railway stations. The Indian Railway Station Development Corp (IRSDC) entered into a tripartite agreement with French Railways earlier this week. Under this pact, French development agency AFD will provide an in-kind grant of up to €7,00,000 through French National Railways-Hubs and Connexions as a technical partner to IRSDC to support the railway station development programme in India, a press statement said. The statement added: [...]

Driving into Africa with an innovative answer to the ride hailing model

2019-06-12T11:22:48+00:00June 12th, 2019|2019, Global Edition – June 2019|

Karanvir Singh is the CEO of Yego Moto. In this interview with ‘India Global Business’, the serial entrepreneur gives insight into the firm’s work in Africa, their plans for India and his holistic approach to business models. What sets Yego Moto apart in the ride-hailing market? Yegomoto was launched in Rwanda in 2017 as a pilot for other African nations to organise their taxi industries - a marketplace which is still mostly informal and unregulated across the continent. There are [...]

Trump’s Rambo diplomacy is unnecessary

2019-06-12T11:17:14+00:00June 12th, 2019|2019, Global Edition – June 2019|

In taking aim at India on trade, the US President is unnecessarily risking putting the hard-worked-on relationship into troubled waters, writes India Inc. Founder & CEO Manoj Ladwa. This is a circle that Indian Prime Minister Narendra Modi will have to square early in his second term in office – how to deal with a US administration that has sought to decouple the strategic and economic relationship with India, as it has done with many of America’s allies. The denial of preferential export facilities from India to the [...]

Sweden invites Indian investments

2019-06-12T11:00:49+00:00June 12th, 2019|2019, Global Edition – June 2019|

Being one of the most competitive economies in the world, the Scandinavian nation, offers Indian firms access to an innovation ecosystem unlike no other. Sweden is one of the world’s most innovative countries and is home to the third highest unicorns per capita, globally. This is not surprising if we stop to think that Sweden spends over 3 per cent of its GDP on supporting research and development and has a robust system of integrated innovation ecosystem by bringing research [...]

Kerala joins the global Masala Bond drive

2019-06-12T10:43:22+00:00June 12th, 2019|2019, Global Edition – June 2019|

The Kerala Infrastructure Investment Fund Board (KIIFB) became the latest Indian entity to reach out to the international markets for its fundraising needs. The Kerala Infrastructure Investment Fund Board’s (KIIFB) celebrated its debut Masala Bond listing on the London Stock Exchange with a special market open ceremony recently. KIIFB is the first sub-sovereign entity in India to tap the offshore Rupee international bond market with the $312 million equivalent senior secured fixed-rate bond and is aimed at accessing capital from international investors for the southern state’s infrastructure development. “KIIFB strives [...]