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Top Flipkart investor Tiger Global slashes stake in Amazon

TMT

17 May, 2016

Top Flipkart investor Tiger Global slashes stake in Amazon

Hedge fund Tiger Global Management, the biggest investor in Flipkart, has slashed its stake in the Indian e-commerce firm’s US ......

IFC, ADM Capital float $200 mn platform to back stressed Asian firms

General

16 May, 2016

IFC, ADM Capital float $200 mn platform to back stressed Asian firms

International Finance Corporation and Hong Kong-based investment management firm ADM Capital will set up a lending ......

India wholesale prices rise after 17 months in April

General

16 May, 2016

India wholesale prices rise after 17 months in April

Wholesale prices in India rose in April after falling for 17 months as vegetables and pulses turned costlier, adding to ......

Premium
Intel Capital sells half its stake in IntraSoft at a profit

General

16 May, 2016

Intel Capital sells half its stake in IntraSoft at a profit

Intel Capital, the corporate venture capital arm of chipmaker Intel Corp, has sold almost half its stake in the Indian ......

Apple invests $1 bn in Chinese ride-hailing firm Didi Chuxing

TMT

13 May, 2016

Apple invests $1 bn in Chinese ride-hailing firm Didi Chuxing

Apple Inc has invested $1 billion in Chinese ride-hailing firm Didi Chuxing, earlier known as Didi Kuaidi, in a deal ......

Fractal Analytics raises $100 mn from Malaysia's Khazanah

TMT

11 May, 2016

Fractal Analytics raises $100 mn from Malaysia's Khazanah

Malaysian sovereign wealth fund Khazanah Nasional Berhad will invest up to $100 million (Rs 667 crore) in Fractal Analytics, the ......

India to tax capital gains under revised Mauritius treaty

General

10 May, 2016

India to tax capital gains under revised Mauritius treaty

India will get the right to tax capital gains on investments after April 2017 under an amended tax treaty with ......

Ujjivan Financial climbs on stock market debut

General

10 May, 2016

Ujjivan Financial climbs on stock market debut

Bengaluru-based microfinance firm Ujjivan Financial Services Ltd rose on its stock market debut on Tuesday, after receiving a strong response ......

Mumbai realty prices may rise 6% in 2016 against 3.3% in 2015: JLL India

Infrastructure

10 May, 2016

Mumbai realty prices may rise 6% in 2016 against 3.3% in 2015: JLL India

The average residential property prices in Mumbai and suburbs saw a modest year-on-year appreciation of 3.3 % in 2015 against ......

Titan to buy majority stake in Tiger Global-backed Caratlane.com

Technology

06 May, 2016

Titan to buy majority stake in Tiger Global-backed Caratlane.com

Titan Co Ltd, Tata Group’s watch and jewellery retailing firm, has struck a deal to buy a majority stake in ......