People
Facebook India MD Umang Bedi resigns
Umang Bedi, managing director for India & South Asia at Facebook, has resigned and will leave the company by the ......
TMT
GoJavas slaps $46 mn legal notice on Snapdeal
Quickdel Logistics, the parent of e-commerce-focussed logistics firm GoJavas, has sent a Rs 300 crore (around $45.9 million) legal notice ......
TMT
Zee Entertainment to acquire 9X Media; ends JV with Turner
Media tycoon Subhash Chandra-led Zee Entertainment Enterprises Ltd said on Friday it has agreed acquire 9X Media Pvt. Ltd and ......
Manufacturing
Reliance Industries to sell stake in Marcellus shale asset JV for $126 mn
Billionaire Mukesh Ambani-led Reliance Industries Ltd has agreed to sell its entire 60% stake in a US shale energy joint ......
Consumer
Future Retail to acquire Hypercity for $100 mn
Kishore Biyani-led Future Retail Ltd said on Thursday it has agreed to acquire K Raheja Corp group company Hypercity Retail ......
Finance
IFCI sells 24% stake in Tourism Finance Corp for $44.5 mn
State-run lender IFCI Ltd said on Friday it has sold a 24% stake in Tourism Finance Corporation of India for ......
People
Meet India's wealthiest new-age techpreneurs
It's neither the Bansals of Flipkart nor Vijay Shekhar Sharma of Paytm. India's richest new-age tech entrepreneur is Divyank Turakhia, ......
TMT
Ecom Express hires former GE exec Mayank Gupta as CFO
Ecom Express Pvt. Ltd, a logistics solutions provider for the e-commerce industry, has appointed former General Electric and Maruti Suzuki ......
Finance
What does SEBI's stand on defining ‘control' for takeovers mean?
Going against the common perception that a bright-line test would help in setting objective and clear definitions with little or ......
Manufacturing
Mahindra to acquire tractor maker Erkunt in second Turkish deal
Mahindra & Mahindra Ltd said on Wednesday it has signed a pact to acquire Turkish tractor maker Erkunt Traktor Sanayi ......
