The stock-and-cash deal is the biggest in the education space.
The Centre plans to create a special window for strategically important investors such as sovereign wealth funds and pension funds that wish to invest over Rs 3,000 crore through a single transaction.
Flipkart is in expansion mode, needs to infuse funds in the firm.
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.
The identity of the new investor could not be ascertained.
Having grown swiftly since the acquisition of Flipkart by Walmart in 2018, it was looking at a valuation of $10 billion. However, factors such as lack of diversification, new e-commerce and data policies, as well as the overall investment environment, have slowed the process.
$47.6 bn capital invested across 921 deals in India in 2020, despite pandemic.
In the past, Qatar Airways has repeatedly expressed a desire to invest in IndiGo, the country's largest domestic airline.
The cost of luring buyers and sellers to its platform means the new funds won't last long.
This is the latest in a series of large office space buyouts by RMZ Corp which has created a portfolio of rent-yielding commercial assets in India.
A vilification campaign against Rosneft has begun in right earnest, says M K Bhadrakumar.
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
Draft prospectus to be filed next week; second trust, with Panchshil, in a few months
Official talks were held between Modi and Seikh Tamim for multi-sectoral partnership and strengthening of Indo-Qatar ties following which the agreements and Memorandums of Understanding were signed on the second day of the Prime Minister's visit.
Amber Dubey explains why India needs to stop blocking competition if it ever wants to become the top aviation market.
Welcome to the era of too many investors chasing a limited number of commercial real estate deals.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances