Walmart-owned Flipkart will undertake a buyback employee stock options worth about Rs 600 crore, according to sources Earlier in the day, Flipkart announced raising $3.6 billion (about Rs 26,805.6 crore) in funding from a clutch of investors that valued the e-commerce major at $37.6 billion (about Rs 2.79 lakh crore). In an e-mail to employees, Flipkart group chief executive officer Kalyan Krishnamurthy lauded the critical role played by the staff in reaching this milestone.
Bigger companies are signing equity JVs with global investors.
A sector-wise analysis shows that a total of five PE transactions in the energy and natural resources sector led the value chart.
After multiple attempts at selling itself, including to larger e-commerce player Snapdeal, ShopClues has found a buyer in Singapore-based e-commerce platform Qoo10 in an all-stock deal.
Bandhan Bank is the first bank to be launched in eastern India post Independence.
In the year 2020 to date, these funds deployed capital worth a record $14.8 billion in India, which is nearly three times more than what they have put in China - $4.5 billion.
Foreign investment firms, especially private equity, are jittery about the Indian market as uncertainty continues to shroud the energy sector.
Samridhi Bhardwaj analyses the dynamics of duty-free liquor allowance in India.
The logistics segment is becoming a hot favourite of private equity, of late.
'This is happening regardless of the Budget.'
A steady demand environment, prudent debt management and faster absorption of office space gave them an edge over others.
Analysts said even though the Indian economy is expected to slow down to 7.2 per cent in fiscal 2020, it is still the best bet for investment for foreign investors.
This is the biggest equity-raising exercise by an Indian corporate within a financial year. The fundraising - led by Citibank, Goldman, Kotak and Axis Capital as bankers - will see participation by foreign and domestic institutional investors.
Venture capital investments in India's start-ups nearly halved to $1.5 billion in fourth-quarter 2015
$47.6 bn capital invested across 921 deals in India in 2020, despite pandemic.
The microfinance vertical of the bank will provide loans of Rs 80,000 to Rs 1,00,000.
CPPIB is looking to partner with RMZ because the latter is aggressive on both new developments and acquisitions.
The move is a show of faith from three of the world's biggest technology companies in fast-growing Snapdeal
The overall e-commerce opportunity in India and China is comparable, yet it's hard to see any single player in India emerging with Alibaba-like market share.
Strategy being reworked to launch ETFs, revive Suuti; proceeds may be Rs 24k crore
At that time, co-founders Sachin Bansal and Binny Bansal had made a public announcement at a Bengaluru hotel, about a $1-billion fund raising, largest so far in the Indian e-commerce sector. A day later, Amazon issued a statement that it was investing $2 billion in India.
Snapdeal had appointed merchant bankers for listing on an American stock exchange
PE giants Apollo, Bain Capital and Advent International are keen to pick stake in Viom
Who invested how much into Flipkart in its latest round of $1 billion funding? Vicky Nanjappa/Rediff.com finds out.
Viom Networks is planning to raise arouns Rs 1500 crore (Rs 15 billion) and is likely to list its shares on the London Stock Exchange (LSE), say sources.
Despite slowdown, smaller firms attract growth capital.
The lower yield is better for property landlords as it indicates an appreciation in the capital value of the property, says Raghavendra Kamath.
Phonemaker Apple is said to be in talks to take 30,000 sq ft retail space at plush property Maker Maxity, in Bandra Kurla Complex
Shopclues, the latest unicorn, was at the bottom of the sector loss pie.
Indian property markets are not in the pink of health.
Financials were the top losers while oil shares also declined amid weak crude oil prices.
The company did not disclose its new holding pattern.
Foreign money has been pouring into India's fast-growing e-commerce sector, with investors ranging from Japan's Softbank Corp to Singapore's Temasek Holdings.
S.Kumars chief Nitin Kasliwal is charged with non-performance by company shareholders in the recently help AGM of the company.
In commercial real estate, leasing of office space was higher although the activities were subdued in retail segment.
Launches of new homes reduced drastically this year.
