Mergers & Acquisitions
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Opportunity India Desk Oct 15, 2018 - 2 min readNykaa Franchise Aims 100% Revenue Growth in FY18-19 Nykaa, one of the renowned e-commerce brand in the beauty products category is expecting to add 100% revenue growth in FY2018-19 with an aim to increase the offline footprint to 180-200 Nykaa stores in the next 4-5 years. The brand has recently launched NykaaMan.com, e-commerce site for ...
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Opportunity India Desk Oct 13, 2018 - 1 min readThe Indian Space Research Organisation (ISRO) has signed a Memorandum of Understanding (MoU) with the Central University of Jammu (CUJ) for setting up a Space Applications Center, named Satish Dhawan Center for Space Science. The MoU has been signed between K Sivan, Chairman of ISRO, CUJ Vice Chancellor Ashok Aima and officials of Central Space ...
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Opportunity India Desk Oct 12, 2018 - 2 min readThe British Council India and the North Eastern Council (NEC) has signed a Memorandum of Understanding (MoU) to strengthen educational and cultural cooperation, and to support the knowledge ambitions and economic growth of the eight States of the North East. The MoU has been inked between Alan Gemmell, OBE, Director, British Council India, and Siile ...
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Opportunity India Desk Oct 11, 2018 - 1 min readIndo UK Institute of Health (IUIH) has signed Memorandum of Understanding (MoU) with the Government of Uttarakhand to set up an integrated IUIH Medicity in the state. With this initiative, the people of the state will get world-class NHS standard healthcare that's available, affordable and accountable. IUIH, one of the largest healthcare infrastructure projects in the world, shall ...
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Opportunity India Desk Oct 11, 2018 - 1 min readAyurvedic firm Kerala Ayurveda has signed a Joint Venture (JV) agreement with Sanghvi Brands to develop Ayurvedagram wellness resorts and Ayurvedic spas across the world. Both the companies have set up 50:50 joint venture. Kerala Ayurveda owns and operates the Ayurvedagram Wellness Resort in Bengaluru. While, Sanghvi Brands operates luxury spas in the United States, ...
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Opportunity India Desk Oct 10, 2018 - 1 min readAfter expanding to China and UK, the Gurugram-based hospitality company OYO is now planning to enter Japan in next 3-6 months. Earlier, OYO raised $800 million from Japan's SoftBank Vision Fund and other investors. It took the company’s valuation to about $4 billion. Of the raised $800 million, OYO said that it would invest about ...
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Opportunity India Desk Oct 09, 2018 - 1 min readBengaluru-based Strand Life Sciences will acquire the India medical diagnostics business of Quest Diagnostics, the world's leading provider of diagnostic information services. Both the companies will work together to manage the transition. They aim to close the sale by the end of the first quarter of 2019. The terms of the transaction have not been ...
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Opportunity India Desk Oct 09, 2018 - 1 min readBollywood actor Taapsee Pannu has bought a new franchise that will be based out of Pune, making the upcoming edition of the Premier Badminton League a nine-team affair. The new team will be called Pune Seven Aces. As of now, it will be owned by Pannu and management firm KRI. Taapsee Pannu said, "I always ...
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Opportunity India Desk Oct 09, 2018 - 1 min readMindshare, the largest media agency of GroupM, continues its growth on the back of winning new business summing up to Rs 1,100 crore in the last 9 months of 2018. Mindshare won 30 plus new account which includes, Unilever Digital business, SBI Life Insurance, Disney, Pharmeasy, Clubfactory, Intarem, IHG, Coverfox, Group SEB, Brussels Airlines, Urban ...
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Opportunity India Desk Oct 08, 2018 - 1 min readIn the run-up to the festive period, Mastercard and Flipkart have announced partnership for the latter's annual 'Big Billion Days' sale, which will take place between October 10-14, 2018. Through this partnership, Mastercard cardholders stand a chance to win Priceless Surprises such as an iPhone X for the lucky winner of daily quiz on Flipkart. ...