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Tata Capital-backed Varroc Engineering ups IPO size, eyes $1.9 bn valuation

Manufacturing

19 June, 2018

Tata Capital-backed Varroc Engineering ups IPO size, eyes $1.9 bn valuation

Tata Opportunities Fund-backed Varroc Engineering Ltd is eyeing a valuation of as much as Rs 13,036 crore ($1.9 billion) through ......

ICICI CEO Chanda Kochhar goes on leave till Videocon probe ends; Bakhshi named COO

People

18 June, 2018

ICICI CEO Chanda Kochhar goes on leave till Videocon probe ends; Bakhshi named COO

Chanda Kochhar, managing director and chief executive officer of ICICI Bank, has gone on leave pending the completion of an ......

Can local payments companies survive the onslaught of global players?

Finance

18 June, 2018

Can local payments companies survive the onslaught of global players?

Big global players such as Amazon, WhatsApp and Google are moving into the Indian payments market. This will present challenges ......

Why investors are passing up copycat startups and scouting for new ideas

TMT

15 June, 2018

Why investors are passing up copycat startups and scouting for new ideas

Angel as well as venture capital funding was difficult to come by for startups across the spectrum in 2017, except ......

Teleperformance to buy Intelenet from Blackstone at $1 bn valuation

TMT

15 June, 2018

Teleperformance to buy Intelenet from Blackstone at $1 bn valuation

French company Teleperformance has agreed to acquire business process outsourcing firm Intelenet from Blackstone at an enterprise value of $1 ......

Speciality chemicals firm Fine Organics to open $90 mn IPO next week

Manufacturing

14 June, 2018

Speciality chemicals firm Fine Organics to open $90 mn IPO next week

Fine Organics Ltd will go public next week in an initial public offering (IPO) that will value the speciality chemicals ......

Amazon's Gopal Pillai on what drove e-tailer's success in India

TMT

13 June, 2018

Amazon's Gopal Pillai on what drove e-tailer's success in India

US-based online retailer Amazon.com Inc. entered India five years ago. Since then, it has expanded rapidly and is now the ......

Blackstone raises $9.4 bn in two new Asia funds

Finance

13 June, 2018

Blackstone raises $9.4 bn in two new Asia funds

Blackstone Group LP has raised $9.4 billion in two Asia-focussed funds, as the world's biggest alternative assets manager joins peers ......

Edelweiss floats $300 mn stressed assets fund

Finance

12 June, 2018

Edelweiss floats $300 mn stressed assets fund

Edelweiss Alternative Asset Advisors Ltd said on Tuesday it has floated a fund to raise as much as Rs 2,000 ......

Why artificial intelligence has the potential to transform businesses

TMT

11 June, 2018

Why artificial intelligence has the potential to transform businesses

Artificial intelligence (AI) has been present for more than half a century, but the revolution is just about to begin. ......