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TMT
Nearbuy trims losses as it rejigs business strategy
Deals and discounts site Nearbuy, earlier known as Groupon India, has trimmed its losses by exiting cash-guzzling verticals and slashing ......
General
IFC to invest $20 mn in microlender Grameen Koota
International Finance Corporation (IFC), the World Bank’s private-sector lending arm, will invest up to Rs 135 crore ($20 million) in ......
General
From other newsrooms: Microsoft sells phone business and more stories
Microsoft Corp has agreed to sell its feature phone business to Foxconn unit FIH Mobile Ltd and HMD Global, a ......
TMT
Amazon-vs-Flipkart-vs-Alibaba-vs-Snapdeal-vs-Rakuten – Who will win the Indian market?
The world’s largest ecommerce company Amazon’s consistent march towards leadership in India, the imminent entry of its Chinese rival Alibaba ......
Manufacturing
Tata Steel drops plan to merge two subsidiaries with itself
Tata Steel Ltd has decided to drop its plan to merge subsidiaries Tata Metaliks Ltd and Tata Metaliks DI Pipes ......
TMT
Flipkart taught me to take risks and think big: Ankit Nagori
After Sachin Bansal, co-founder and executive chairman, and Binny Bansal, co-founder and CEO of Flipkart, Ankit Nagori's was perhaps the ......
Healthcare
Piramal hints at demerging healthcare, financial services units
Billionaire Ajay Piramal, chairman of Piramal Enterprises Ltd, has hinted at a move to split the company’s healthcare and financial ......
Healthcare
Home healthcare provider MyCareLine raises angel investment
New Delhi-based Indicare Health Services Pvt. Ltd, which provides home care and wellness services under the brand MyCareLine, has raised ......
Others
From other newsrooms: Haldiram's in talks with PE firms to raise about $200 mn and other stories
Snack-food manufacturer Haldiram’s is looking to raise around $200 million (Rs 1,300 crore) and has started talks with private equity ......
Consumer
Losses of top 10 e-commerce companies in India soar, show VCCEdge data
The combined losses of India’s top 10 e-commerce companies quadrupled to Rs 5,157 crore for 2014-15 from the year ......
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