Nissan drives in compact SUV Magnite at Rs 4.99 lakh

New Delhi

Nissan Motor India on Wednesday forayed into the highly competitive compact SUV segment in the country with the launch of Magnite at an introductory starting price of Rs 4.99 lakh (ex-showroom Delhi). It will compete with the likes of Maruti Vitara Brezza, Hyundai Venue, Tata Nexon, Kia Sonet, Mahindra XUV300 and Honda WR-V. PTI

Bengaluru

Wipro wins multi-year contract from Verifone

Wipro on Wednesday said it has won a multi-year contract from Verifone to drive agility across its cloud services offerings. Bengaluru-headquartered Wipro said it would develop new features, capabilities and interfaces for Verifones Cloud Services offerings, enabling seamless and flexible transaction processing for the company. PTI

New Delhi

Burger King India IPO oversubscribed on Day 1

The IPO of Burger King India got subscribed 3.13 times on the first day of subscription on Wednesday. The IPO, which will close on Friday, received bids for 23,32,00,750 shares against 7,44,91,524 shares on offer, as per data available with the NSE. PTI

New Delhi

Eight suitors in fray to buy Reliance Capital

As many as eight suitors, including the US-based Oaktree and JC Flower, have expressed interest to acquire Reliance Capital Ltd, a part of debt-ridden Anil Ambani-promoted Reliance Group, sources said. PTI