Flipkart raises $1B from Tiger Global, Naspers, Singapore’s GIC & others
Temasek, the other sovereign fund of Singapore, recently backed Snapdeal.
Real estate listing site Zillow acquires Trulia for $3.5B in all-stock deal
The combined company will maintain both Zillow and Trulia consumer brands.
Amway India MD & CEO Pinckney released on bail
Pinckney was arrested on May 26 from Amway India's headquarters at Gurgaon.
L&T Q1 net profit up over two times on disinvestment gain
The engineering and construction major had reported Rs 458.59 crore net profit in the first quarter of the last fiscal.
Daimler India Commercial Vehicles announces top management rejig
Satyakam Arya, Vice-President, Procurement DICV, will move to Mitsubishi Fuso Truck and Bus Corporation, Japan as Vice-President, Procurement, Daimler Trucks Asia.
GE invests in three wind projects in India
The company has invested equity in three Atria Power wind projects.
India Infoline Finance appoints Rajashree Nambiar as CEO
Prior to joining IIFL, Nambiar was General Manager Retail Banking Products, India and South Asia at Standard Chartered Bank.
Anand Mahindra invests in Rohit Khattar's Cinestaan
Company has announced its foray into film production with a three film agreement with Rakeysh Omprakash Mehra's ROMP Pictures.
RBI cancels registration of six NBFCs including a GE Capital arm
Earlier last week, RBI cancelled the non-banking finance registration certificate of Deutsche Securities India.