Feb 16, 2022By: Rounak Jain
Acquired an 80 percent stake in Australian artificial intelligence company Geomatic.ai for A$6 million.
The company’s shares will debut on the stock exchanges today after receiving a 2.57 times subscription.
Media reports suggest that the government will begin its stake sale process next week.
InMobi’s Roposo has entered into an agreement with Reliance Retail to bring an influencer-led e-commerce experience.
Closed its qualified institutional placement at ₹129.25, which is at a discount of 5 percent to the floor price of ₹136.05.
Media reports suggest that the company could invest in and build up to 30 internet-first brands in the next 3 to 5 years.
Two of its promoters offloaded shares worth ₹1,836 crore on February 15, representing 2.5 percent stake in the company.
Declared the non-performing asset account of IL & FS Tamil Nadu Power Company worth ₹149 crore as fraud.
Completed the 100 percent acquisition of a special purpose vehicle, Visual Percept Solar Projects, from Blue Diamond Properties and Balrampur Chini.