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Finance
Michael Dell-backed investment firm tops up India hedge fund
MSD Partners, an asset management firm that makes debt and equity investments in both public and private companies and counts ......
TMT
What should investors keep in mind in case of consolidation?
India’s top e-commerce companies are making heavy losses, even though online shopping has been growing rapidly. Investors, therefore, stand to ......
People
Tech Mahindra CEO Gurnani's pay packet trumps entire boards of TCS, Infy & Wipro
Tech Mahindra Ltd has emerged as the best paymaster to its executives for the third time in a row as ......
TMT
Amazon infuses $260 mn in its Indian seller services arm
Amazon.com Inc. has infused $260 million (Rs 1,680 crore) in Amazon Seller Services Pvt. Ltd, the Seattle-based global e-commerce major’s ......
People
Former Snapdeal exec Abhishek Rathore joins Japanese e-tailer Rakuten as product head
Former Snapdeal executive Abhishek Rathore has joined Japanese e-commerce major Rakuten as head of product management.In his new role, Rathore ......
People
VC firm pi Ventures names former Myntra exec Shamik Sharma venture partner
Shamik Sharma, venture partner, pi VenturesEarly-stage venture capital fund pi Ventures has appointed former Myntra executive Shamik Sharma as ......
TMT
SoftBank aims to raise up to $5 bn via bonds
Japan's SoftBank Group Corp is targetting raising between $3 billion and $5 billion through an offering of U.S. dollar bonds, ......
TMT
Alibaba launches voice assistant undercutting Amazon Echo
China's Alibaba Group Holding Ltd launched on Wednesday a cut-price voice assistant speaker, similar to Amazon.com Inc's "Echo", its first ......
Manufacturing
Timken buying ABC Bearings in all-stock deal at huge premium
American engineering firm Timken is acquiring public listed firm ABC Bearings Ltd, a manufacturer of tapered, cylindrical and spherical roller ......
Economy
India services activity hits eight-month high in June
Activity in India's dominant service sector expanded at its fastest pace in eight months in June as new business orders ......
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