Top Headlines

Angel, seed deals dominate this week; most M&As were local

Angel and seed investments made up for 13 of the 19 companies that were funded during the week, according to VCCEdge,...

Keshav Sunkara

BPCL buys 21% stake in PE-backed FINO PayTech for $37.6 mn

State-run refiner Bharat Petroleum Corp. Ltd (BPCL) said on Friday it has signed definitive agreements to acquire a 21...


Cipla, Aurobindo Pharma to acquire drugs from Teva

Cipla Ltd and Aurobindo Pharma Ltd have agreed to acquire some generic drugs from Teva Pharmaceutical Industries Ltd in...

Ranjani Raghavan


The investor ecosystem is rife with a unicorn versus cockroach startup debate. Unicorns ar...

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 Exclusive: Mexico's Cinepolis to buy remaining bits of DT Cinemas

Mexican cinema operator Cinepolis, which has been scouting for inorganic expansion in India for years only to see local...

Ranjani Raghavan

BSNL on track to post net profit by FY19, says chairman Shrivastava

For nearly a decade, the state-owned telecom operator Bharat Sanchar Nigam Ltd (BSNL) had been on a downward spiral, but things are starting to look up again.

By Mansi Taneja
Speciality Restaurants CFO on factors hurting margins, consolidation plan and more

Speciality Restaurants Ltd, the operator of fine-dining chains Mainland China and Oh! Calcutta, had a difficult 2015-16 when it posted an operating loss.

By Debjyoti Roy