Reuters

Finance

Top lender State Bank of India on Wednesday approved the sale of an up to 8.25% stake in mutual fund...

SBI to trim stake in UTI Mutual Fund via IPO

Ankit Agarwal

General

Yes Bank is in talks with global private equity firms — TPG, The Carlyle Group and Farallon ...

Grapevine: TPG, others eye Yes Bank stake; UTI AMC's IPO in six months

Swet Sarika

People

The fate of UTI Asset Management Company’s chief executive, Leo Puri, is hanging in the balance as...

UTI AMC's local, foreign shareholders spar over extending chief Leo Puri's term

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Ranjani Raghavan

Infrastructure

Blackstone Group Inc. is in talks with several private equity funds to sell its "significant ...

Blackstone weighs stake sale worth $1 bn in IBS Software

Aman Rawat

Startup

Startups

Walmart Inc-backed Flipkart on Wednesday won interim relief over a tax demand of more than ₹1,100 ...

Flipkart gets interim HC relief over ₹1,100 cr tax demand

Electric vehicle delivery app Zypp Electric on Wednsday said it has raised Series B funding of $25 ...

Zypp Elec taps Gogoro, Goodyear, others for $25 mn round

K Amoghavarsha

Luggage maker Eume Lifestyle Pvt Ltd on Wednesday said it has secured an undisclosed capital in seed...

Luggage maker Eume raises seed capital

Markets settled higher on Wednesday after the Reserve Bank of India delivered an expected 25 basis ...

Markets close higher after expected RBI rate hike

Malvika Maloo

Fintech startup Paytm on Wednesday said its loan distribution business witnessed four-fold growth in...

Paytm's loan distribution business jumps four-fold in Jan

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