Tag Archives: 22

Nippon Express gets CCI nod to buy 22% stake in Future Supply Chain Solutions

New Delhi: The Competition Commission on Tuesday said it has approved Nippon Express’ acquisition of 22 per cent stake in Future Group’s logistics arm Future Supply Chain SolutionsNSE -0.82 % Ltd. Future Supply Chain Solutions in September said that Japan-based Nippon Express Co will acquire 22 per cent stake through a combination of primary issuance and secondary purchase from an existing investor. The Competition Commission of ... Read More »

Nippon Express acquires 22% stake in Biyani’s Future Supply Chain Solutions

The transaction, valued at ₹641 crore, will be used to fund FSC’s growth plans Japan’s Nippon Express has acquired a 22 per cent stake in Kishore Biyani’s Future Supply Chain Solutions Ltd (FSC) for ₹641 crore as the logistics company looks to tap into the rapidly-growing Indian logistics market. As part of the deal, Nippon Express has bought the 14.6 per cent ... Read More »

Delhi High Court Directs Ola, Uber to Charge Government Rates From August 22

The Delhi High Court on Thursday directed app-based taxi aggregators, including Ola and Uber, not to charge more than government-fixed rates from its passangers from August 22. Justice Manmohan gave 10 days to these aggregators to comply with the Delhi government’s 2013 policy, under which these cab companies were to charge fares prescribed by the Delhi Transport Department. According to ... Read More »

Gionee Announces India Launch of Selfie-Focused Smartphone on August 22

Gionee has sent out press invites for an event on August 22 in India. The invite bears the hashtag #SelfieWithFlash, hinting that the company will launch a new smartphone in the Indian market. The Chinese smartphone manufacturer is widely expected to launch a selfie-centric smartphone in its S-series lineup. This month, other Chinese OEMs like Oppo and Coolpad have launched ... Read More »

Honor 5C India release anticipated at June 22 event

Honor India on Wednesday despatched out invites for a release in New Delhi on June 22, wherein it’s miles expected to launch its Honor 5C telephone. the respect logo is a subsidiary of Huawei Terminal. To do not forget, the honour 5C become released in China returned in April, in which the agency had priced it at CNY 899 (roughly ... Read More »

Lava KKT Ultra+ Union With Support for 22 Indian Languages Launched at Rs. 1,500

Domestic mobile brand Lava at an event in New Delhi on Tuesday launched a feature phone with support for 22 vernacular languages. Called the Lava KKT Ultra+ Union, the feature phone has been priced at Rs. 1,500. The company claims it’s the first feature phone in India with such a wide range of languages supported, and that it has been ... Read More »