General
Two reasons why RBI may cut rate again and two reasons why it may not
The Reserve Bank of India (RBI) is set to announce its sixth bi-monthly monetary policy review on Tuesday. Notably, the ......
General
Fairfax raises $561M more in IPO to take corpus of India-focused investment unit to $1B
Prem Watsa-led Fairfax Financial Holdings, which had formed an India-focused investment arm late last year, has completed the public issue ......
General
Base year shift propels Indian GDP growth in 2013-14 from 4.7% to 6.9%
The Indian government's national statistics unit has revised the base year for calculating the country's macroeconomic variables and came out ......
TMT
MakeMyTrip invests in Simplotel from its Innovation Fund; ups revenue guidance for full FY15
NASDAQ-listed online travel services firm MakeMyTrip (MMT) has picked a small minority stake in Bangalore-based travel tech startup Simplotel Technologies ......
Others
Media entrepreneur Ronnie Screwvala to deliver keynote @ VCCircle India Limited Partners Summit 2015
We are excited to announce that one of India's leading media entrepreneurs Ronnie Screwvala will deliver the keynote......
Consumer
Indian franchisee of American burger chain Johnny Rockets seeks PE funding
The American burger chain Johnny Rockets, which entered India last year, is seeking funding of around $4 million (Rs 25 ......
General
Modi-Obama meet clears way for civil nuclear deal, enhanced defence and business cooperation
In a major breakthrough, India and the US on Sunday reached a consensus on how to take forward the stalled ......
General
SEBI eases delisting norms, enables call and put options for debt securities
The securities market regulator SEBI has eased norms related to delisting and made further changes in rules related to issue ......
Manufacturing
Suzlon selling German wind turbine arm Senvion for up to $1.2B
Suzlon Group has signed a binding agreement with US-based private equity firm Centerbridge Partners LP to sell its entire stake ......
TMT
Twitter acquiring VC-backed mobile marketing & customer engagement platform ZipDial
Twitter is acquiring multiple venture capital firms-backed ZipDial Mobile Solutions Pvt Ltd, which runs a missed call-based customer engagement platform ......
