Flipkart raises $3.6 billion; valuation hits $37.6 bn

Flipkart Group on Monday said it has raised $3.6 billion (about Rs 26,805.6 crore) in funding led by GIC, Canada Pension Plan Investment Board (CPP Investments), SoftBank Vision Fund 2 and Walmart,......

Why Fortis Healthcare has a bevy of suitors

With over 45 healthcare facilities and over 300 vibrant diagnostic centres, Fortis is India’s second-largest hospital chain -- next only to Apollo, which has 64 hospitals with 10,000 beds.......

Private equity inflows remain steady this year

This, despite squeeze in start-up funding; $946 mn Bharti Infratel deal is biggest so far this year Private equity investments in India remained steady at $6.57 billion in the first six months of......

Nifty cracks 1% to settle below 9,450, Sensex falls 200 points

S&P BSE Midcap index and S&P BSE Smallcap were down 2% and 1.3% respectively Benchmark indices settled the day lower after closing at fresh high in the precious session amid selloff as political......

Lotus no longer title sponsor of Lotus F1 team

A title sponsorship agreement between loss-making Malaysian-owned sportscar maker Group Lotus and Lotus F1 has been cancelled but the team will race on as Lotus, owner Gerard Lopez said on Friday.......

F1 team owners Genii interested in buying Lotus

Lotus Formula One team owners Genii Capital would be interested in buying the loss-making Lotus Group from Malaysian parent Proton, chairman Gerard Lopez said on Monday. "It's a great, great......