Others
Manufacturing
TPG-backed Flexituff to spin off bulk container business
Flexituff International Ltd will spin off its flexible intermediate bulk container (FIBC) business into a wholly owned subsidiary.Founded in 1993, ......
TMT
Paytm Mall prunes list of logistic partners, delivery areas
Paytm Mall, owned by Paytm Ecommerce Pvt. Ltd, said on Tuesday it has snapped ties with almost half of its ......
People
General counsel of Vedanta Resources arm joining Bharti Enterprises
Vidyut Malhotra GulatiThe general counsel of one of the subsidiaries of Anil Agarwal-controlled Vedanta Resources is joining Bharti Enterprises ......
TMT
PremjiInvest's stock swap demand last hiccup for Flipkart-Snapdeal merger
Even though the board of e-tailer Snapdeal has accepted rival Flipkart's revised takeover offer of $900 million, minority investor PremjiInvest's ......
General
IDBI Federal Life on the block; Prestige Estates mulls stake sale in biz verticals
IDBI Federal Life Insurance Company Ltd is looking to sell itself and is seeking a valuation of at least Rs ......
TMT
Amazon pumps $215 mn into India data services arm
US-based e-commerce major Amazon.com Inc has infused Rs 1,381.6 crore ($214.6 million) into its Indian data services arm, regulatory filings ......
TMT
ItzCash MD Naveen Surya plans own fintech venture
Naveen Surya, who had led ItzCash Card Ltd for nearly 12 years and had recently put in his papers as ......
TMT
Just Dial posts lower Q1 profit, to buy back shares worth Rs 84 crore
Online local business search engine Just Dial Ltd registered a 2% year-on-year drop in its net profit for the first ......
People
Paytm elevates Kiran Vasireddy as COO of payments business
One 97 Communications Ltd, which operates Paytm, has appointed Kiran Vasireddy as the chief operating officer of its payments business.Vasireddy ......
TMT
Microsoft may invest $50-100 mn in Ola: Report
After investing in India’s biggest e-tailer Flipkart earlier this year, tech giant Microsoft Corp. is now looking to back homegrown ......