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Morgan Stanley marks down Flipkart again
Indian e-commerce firm Flipkart has suffered its fifth markdown after a mutual fund managed by global financial services firm Morgan ......
General
China's Fosun to start India PE biz; Two suitors for Karvy Finance
Chinese conglomerate Fosun International Ltd, which recently made a bid for Hyderabad-based drug company Gland Pharma, is looking to launch ......
TMT
Nikesh Arora's pay packet at SoftBank almost halved last year, but at $73 mn quite a sum
Japanese internet conglomerate SoftBank paid its president and COO Nikesh Arora $73 million (Rs 490 crore or 8.04 billion yen) ......
Infrastructure
Sanjay Dutt to quit Cushman & Wakefield
Sanjay Dutt, managing director at Cushman & Wakefield (C&W) in India, is on his way out after working for about ......
Manufacturing
L&T chief Naik hints company insider to be next chairman
The successor to AM Naik, group executive chairman at India’s largest engineering company Larsen & Toubro Ltd (L&T), will mostly ......
Consumer
Adani Wilmar, Ruchi Soya to form agri product firm
Gujarat-based food and edible oils firm Adani Wilmar Ltd has decided to form a partnership with Ruchi Soya to float ......
General
Abu Dhabi sovereign fund may invest in Greenko; Laurus Labs plans IPO
Abu Dhabi Investment Authority, the sovereign wealth fund of the emirate of Abu Dhabi, is in final talks with the ......
Infrastructure
Indiabulls Housing Finance inks mega deal with Gurgaon developer M3M
Indiabulls Housing Finance Ltd has sealed one of the biggest transactions in the real estate sector in recent times by ......
TMT
PVR freezes expansion in Noida, Gurgaon for three years
PVR Ltd, the country’s largest multiplex chain operator, has agreed to freeze expansion in its key markets of Noida and ......
TMT
Organisational restructuring causes delay, Flipkart tells campus recruits
Flipkart has faced flak from the country’s top management institute IIM Ahmedabad for the deferment of joining date of campus ......
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