Topic: Business

Mytrah Energy successfully raises Rs. 1,800 Cr

Mytrah Energy gets funds from Piramal Group Hyderabad: Mytrah, the Hyderabad-based renewable power producer has raised Rs 1,800 crores from Piramal Group’s financial services companies. The funds are being invested in the form of non-convertible debentures (“NCDs”) with a 7-year tenor into two Mytrah Group entities, Mytrah Energy (India) Private Limited (Rs. 980 crores) and Mytrah Ujjwal …Read more »

CTE announces new client in AI as a Service

Hyderabad : Cambridge Technology Enterprises Limited (NSE: CTE; BSE: 532801), on Tuesday announced the acquisition of a new client in AI as a Service (AIaaS). Based in North America, the client has a strong focus on the BFSI vertical. Under the AIaaS model, CTE benefits from receiving a share in the incremental revenues of it client’s business by …Read more »