Blackstone, KKR, and Bain Capital, among others, are in the race for its general insurance arm, and Bandhan Bank, Bain, and Dabur Investments have shown interest for RCap's 51 per cent stake in the life insurance business.
With the 21 unicorns collectively valued at $73.2 billion, India is the fourth biggest in terms of unicorns, behind the US, China and the UK, as per the Hurun Global Unicorn List.
The final report was to be submitted in March but it got an extension till the second week of the monsoon session that began September 14.
Demonetisation and changes in buying patterns of consumers help in pushing online sales.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
Every competitor is eyeing the top slot that Flipkart holds.
Amid oxygen shortage and a faltering health system in the country, India is seeing over 300,000 cases daily.
Tata Motors, Maruti, Tata Steel, Vedanta, Bajaj Auto, IndusInd Bank, SBI, Hero MotoCorp, M&M, Asian Paints, Axis Bank, RIL and L&T too jumped up to 10.21 per cent.
Key questions remain about the operational and financial viability of a completely paperless bank such as India Post, says Mayank Jain.
India is currently home to 52 unicorn startups and one of the fastest-growing startup ecosystems.
This is the sixth consecutive markdown in the valuation of Flipkart by the US firm.
New entity is likely to get a top-up of $200 million from a Chinese investor
With the arrival of new players such as Amazon Pay, Google Tez and Flipkart's PhonePe, digital money companies are now changing their business pitch.
'For the next three months or so, the market will go down.' 'Traders do not have Rs 100 notes.'
Valued at $5 billion, Byju's has seen growth sky rocket in the last two years on the back of mega VC top-ups.
That's because India does not have a serious venture capital industry with an appetite for risk, observes T N Ninan.
Prime Minister Narendra Modi had announced the policy last month.
Almost all banks that issue contactless cards provide users with a 100 per cent liability cover.
WhatsApp's ambitious payment services' blueprint in India has been caught in a bind over concerns around authentication and its data storage practices.
New Zealand is the latest country after the United Arab Emirates and Sri Lanka which has offered to host the Indian Premier League in case the T20 league can't be held in India due to rising cases of coronavirus. The postponement announcement of the T20 World Cup scheduled to be held in October-November in Australia, is imminent, creating a window for the 13th edition of IPL.
Not displaying the mandatory information, including country of origin, on products sold on their platforms in India, draws government's attention.
'Sure, we are teenagers who are doing this part time, but we feel we are making some sort of an impact.'
WhatsApp on Tuesday said its latest policy update does not affect the privacy of messages as the Facebook-owned company sought to address concerns around security of user data on the platform.
While BlackRock is an existing investor in Byju's, T Rowe joined as a new investor.
Flipkart, Amazon & Paytm have raised commissions from sellers.
'The competition between the two is definitely going to be of great interest to the Indian market.'
Unlike many peers in the VC space, LSE grad Juneja doesn't have an entrepreneurial background but is said to be strong in finance skills
India suffered another injury blow ahead of the third and final Test against New Zealand, starting in Kolkata on Saturday, after pacer Bhuvneshwar Kumar was ruled out with injury.
From small retailers' experiences with e-wallets to digital transaction numbers post demonetisation, Geetanjali Krishna and Karan Choudhury find out where the truth lies.
The content discovery platform designed to help you discover content and services in the language of your choice recently turned profitable. It has delivered 1 billion application installs and updates in the past 12 months, says Samreen Ahmad.
The second One-day International to be played between India and Windies will now be held at Visakhapatnam, the BCCI announced on Wednesday.
India opener Murali Vijay was, on Saturday ruled out of the second cricket Test against Australia which begin at the Chinnaswamy stadium, due to a shoulder injury sustained in the first match at Pune.
The final policy may be out only after formation of the new government, according to sources
The race to get a New Umbrella Entity (NUE) licence for digital payments may get crowded. As many as six consortiums are said to be in the fray to apply for an NUE licence, which would create a for-profit National Payments Corporation of India (NPCI)-like body for retail payments. A consortium led by Financial Software and Systems (FSS), a leading provider of payment products and payment processor, is in talks and may file an application to the RBI for an NUE license, said sources aware of the development. The other constituents of this group include Indian Bank, Central Bank of India, India Post Payments Bank, National Bank for Agriculture and Rural Development (Nabard), and a few small finance banks.
Currently, only three have completed more than six months of operation in the space - Fino Payments Bank, Airtel Payments Bank and Paytm
Chinese e-commerce giant planning to enter India this year, will take on global e-retailer
With funds from SoftBank, Delhivery plans to rapidly scale up its reach from 15,000 pin codes to 20,000 by the June quarter of 2019-20.
Chinese bicycle sharing giant Ofo launches service in seven Indian cities.
Experts believe that the government needs more innovative ways to secure the cyber space in the country and a cess is more like a punishment which would not help in the long run.
Who will make the most of the disruptions of 2016 this year? Mihir Sharma's list of probables.
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