Union Finance Minister Arun Jaitley said despite a global slowdown and its impact on countries, India remains insulated from the economic fallout.
The US-based Depository Trust & Clearing Corporation is planning to pick up 5 per cent stake in the Bombay Stock Exchange.
Foreign funds are picking up just under half of the equity in INX Media
Singapore is the most favoured destination for people living in India, Indonesia, Thailand, Hong Kong and the Philippines when it comes to post-lockdown travel.
Indian drug maker Matrix Laboratories Ltd on Monday said US-based generic pharma firm Mylan Laboratories Inc will acquire up to 71.5 per cent stake in the company for around Rs 3,424 crore ($736 million).
Sources in the industry said Tata Teleservices had made an attempt to sale one-third stake to South Korean Telecom. But the deal did not materialise because of differences over valuation.
About eight bidders are in the race to pick up stake in major private carrier Air Sahara, which has kept "all options open", including selling equity or strategic partnership, to fund its expansion plans.\n\n
Maharashtra govt, California-based Zipline to launch the automated delivery service funded by Serum Institute.
The 3G, 4G data and Airtel Money services are the next growth engines for the company in Africa.
Digibank will offer only savings deposits initially, but will expand to include investments and lending in the coming months.
A slew of Indian firms, including Flipkart, Byju's and Zomato, is building a path to profitability and diversifying into newer business segments ahead of mega-IPO plans.
Indian Oil Corporation, the country's largest refiner, has lost out in the race for acquiring a stake in Indonesia's largest listed oil and gas producer Medco.
PE players seal over $737 mn deals in February: Thornton.
Players such as Kidaara, True North, and Multiples Alternate Asset Management move outside the confines of just being a family-style financial office and become a true PE heavyweight.
In 2018, venture debt providers cumulatively deployed Rs 1,300 crore. This year, the market is expected to absorb venture debt of Rs 1,800 crore to Rs 2,000 crore. So what makes this asset class so attractive?
As per market estimates, the new round would value the city-based firm at about $ 4-5 billion.
Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.
Snapdeal to acquire GoJavas for Rs 200 cr, say sources.
Tiger operates Airbus A320s and was set up by SIA and Singapore's national investment firm, Temasek Holdings, in 2004.
The 'angel tax' and notices to start-ups and angel investors from the income tax department was certainly a dampener. However, a bigger factor is the lack of exits.
Air India buyer has to take over interest-bearing debt of Rs 16,500 crore a large portion of which is aircraft related, meaning they are backed by aircraft value
ICICI Pru's IPO is being managed by 10 investment banks, including Bank of America Merrill Lynch and ICICI Securities
Snapdeal, which has raised about $400 million since its inception, has invested about $100 million in logistics and operations to expand its presence in the $3 billion Indian eCommerce market.
Company says it is just replacing old guard with stronger leaders
2019, however, will be a bigger test as the firm continues to deal with rising attrition and margin pressure.
Although the pricing for the IPO is yet to be finalised, people in the know said the band could be Rs 275-300
Paytm, which recently hived off its e-commerce and payments bank businesses into separate companies, would use these fresh funds to bolster the two businesses
Last year, Zomato was in the news for reportedly dismissing 250-300 employees.
Between Kotak, Shapoorji and HDFC, fund managers have raised $700 million from investors
Invests $1.1 billion in 6 months, against $3.7 billion in 20 years
The logistics segment is becoming a hot favourite of private equity, of late.
Nearly 150 companies visited the campus this year.
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