Latest India Business News 14th August 2019 – Tentaran

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Read Latest India Business News 14th August 2019:

  • The consortium of lenders to Adlabs Entertainment, led by Union Bank of India, is looking to sell the entire exposure of over Rs.1,200 crores and has appointed BDO India to seek EoI. Adlabs has been an NPA since June 2018.
  • PE fund Invesco Oppenheimer reiterated its commitment to pick up 11% stake in Zee Entertainment Enterprises. Essel group has to pay Rs.7,500 crores to lenders by 30 September.

latest india business news 14th august

  • Google India has announced a continued long-term collaboration with Prasar Bharati to bring all live telecast on YouTube and Google Search for events of national importance like Independence Day and Republic Day. Google will also work on digitizing the old content of All India Radio and Doordarshan on Google Arts & Culture, and host digital archives of Prasar Bharti in over 12 Indian languages on YouTube.
  • The government has initiated the process of disinvestment of Pawan Hans Limited and invited EoI to sell its entire 51 percent stake in the helicopter PSU.
  • Ola has acqui-hired Pikup.ai to develop deep tech solutions for mobility. Pikup.ai offers AI-powered solutions for businesses.

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Latest India Business News 14th August 2019

  • Supreme Court has told Noida authorities to start registration of flats in favour of Amrapali homebuyers and has warned that officers of Noida and Greater Noida authorities will be sent to jail if there is any delay on their part in handing over possession of flats to Amrapali homebuyers.
  • Uniphore, a global conversational AI company, has raised $51 million in a Series C round of funding led by March Capital Partners.
  • CARS24 has entered into a strategic partnership with MS Dhoni to be its brand ambassador in lieu of equity.

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Latest India Business News 14th August 2019

  • Union Health Minister Harsh Vardhan has said that draft legislation has been finalized to punish people who assault on-duty doctors and other healthcare professionals with up to 10 years of jail and fines. The draft will be made public shortly for feedback.
  • Temasek is backing Manipal Hospitals to acquire Medanta Hospitals and shall pitch in additional money for the acquisition.
  • KKR is set to buy EuroKids, Kangaroo Kids ad Billabong High from Gaja Capital for around Rs.1500-2000 Crores.

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