Others
TMT
Tencent beats Alibaba to $500 bn valuation, overtakes Facebook
China’s biggest social network and gaming firm Tencent Holdings, which last week reported forecast-beating quarterly results, is close to making ......
General
Bain may partially exit L&T Finance; debt-laden Binani Cements attracts 15 suitors
Private equity giant Bain Capital Partners is looking to partially exit L&T Finance Holdings Ltd through a block deal, a ......
TMT
Zoomcar in talks with Mahindra, others to raise $50 mn
Bengaluru-based self-drive car rental startup Zoomcar India Pvt. Ltd is in talks with both new and existing investors, including automobile ......
TMT
SoftBank funding may prompt Uber to review game plan in Southeast Asia
SoftBank Group’s multi-billion dollar investment in Uber Technologies Inc opens up the possibility of combining it with other ride-hailing assets ......
People
Former True North top exec floats advisory firm
Amit Hirawat, a former director at True North who led the private equity firm’s investments in healthcare services, manufacturing and ......
Consumer
Company watch: Fabindia gains financial heft on stake rejig in units
From a strictly ethnic wear brand to a platform for most things Indian, Fabindia Overseas Pvt. Ltd has transformed itself ......
Healthcare
What's in store for single-specialty healthcare chains in India?
Single-specialty healthcare chains are mushrooming in India because of lower risk and lower capital expenditure. Their asset-light model also allows ......
TMT
Will Facebook's foray into social commerce give OLX and Quikr the jitters?
Facebook, Inc., the world's biggest social network that boasts 2 billion monthly active users, is testing a 'Marketplace' feature for ......
General
TPG may sell stake in Asia Healthcare; TCG Asset Management to launch $300 mn fund
Asia Healthcare Holdings, the healthcare platform of TPG Growth, is looking to raise up to $100 million by selling a ......
TMT
Xiaomi plans to invest $1 bn in Indian startups, says CEO Lei Jun
Chinese electronics maker Xiaomi Corp plans to invest $1 billion in 100 Indian startups over the next five years in ......
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