Canada’s CPPIB to invest Rs 2,650 crore in JV with realty firm RMZ Corp
NEW DELHI: The Canada Pension Plan Investment Board (CPPIB) will invest Rs 2,650 crore in a joint venture with Bengaluru-based realty firm RMZ Corp to develop and acquire commercial projects across India. RMZ Corp and CPPIB announced that they have entered into their second joint venture to develop and hold commercial office space in key […]
Rebel Foods expects to double revenue this year at Rs 800 crore
NEW DELHI:Goldman and Sequoia-backed Rebel Foods, which claims to be the largest cloud kitchen with over 4,500 stores, is expecting to double its revenue to about Rs 800 crore in the current fiscal and expand overseas presence by entering more markets in Southeast Asia, Middle East & Northern Africa and the European Union, next year. […]
India’s finance ministry to monitor revenue, expenditure on daily basis from March 15
NEW DELHI: Keen to keep government deficit within stated targets, the finance ministry will from March 15 start daily monitoring of the revenue receipts, including tax collections, as well as expenditure. The move comes against the backdrop of a possible deferment of the initial public offering (IPO) of LIC, which was expected to fetch over […]