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PhonePe's FY24 revenue rises 74%, standalone payments business turns profitable

TMT

26 August, 2024

PhonePe's FY24 revenue rises 74%, standalone payments business turns profitable

Walmart-owned digital payments firm PhonePe’s revenue rose 74% year-on-year in the financial year ended March 2024, ......

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Bottomline: Brookfield-backed Data InvIT boosts profit as tower sector consolidates

Infrastructure

26 August, 2024

Bottomline: Brookfield-backed Data InvIT boosts profit as tower sector consolidates

As telecom companies in India expand their 5G networks and more and more people come online, firms that operate telecom ......

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Grapevine: TPG may lead edtech firm's funding; Advent mulls Manjushree monetisation

General

26 August, 2024

Grapevine: TPG may lead edtech firm's funding; Advent mulls Manjushree monetisation

Advent International is exploring a dual-track exit strategy for its portfolio company Manjushree Technopack Ltd, ......

Government may rescind tax notice to Infosys after backlash from sector

TMT

23 August, 2024

Government may rescind tax notice to Infosys after backlash from sector

India is likely to retract its demand that Infosys pay $4 billion in back taxes after weeks of lobbying by ......

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Grapevine: Multiples plans continuation fund; HDFC rejects subsidiary stake sale to MUFG

General

23 August, 2024

Grapevine: Multiples plans continuation fund; HDFC rejects subsidiary stake sale to MUFG

Indian private equity firm Multiples Alternative Asset Management is seeking over $300 million (about Rs 2,500 crore) ......

IndoSpace to invest $69 mn to develop two warehousing assets in Karnataka

Infrastructure

22 August, 2024

IndoSpace to invest $69 mn to develop two warehousing assets in Karnataka

Everstone-backed industrial and warehousing real estate developer, IndoSpace, is set to develop two warehousing assets ......

Anxiety among Byju's staff as it awaits dues amid insolvency proceedings

TMT

22 August, 2024

Anxiety among Byju's staff as it awaits dues amid insolvency proceedings

The insolvency of Indian education technology company Byju's threatens to be the biggest upset in a celebrated ......

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Searchlight: Continental Hospitals' FY24 profit rises; can it sustain the trend?

Healthcare

22 August, 2024

Searchlight: Continental Hospitals' FY24 profit rises; can it sustain the trend?

Hyderabad-based Continental Hospitals Pvt. Ltd managed to break out from a range in terms of its profitability for the ......

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Grapevine: Premji, Pai family offices eye Akasa; Temasek weighs India JV exit

General

22 August, 2024

Grapevine: Premji, Pai family offices eye Akasa; Temasek weighs India JV exit

Premji Invest and Claypond Capital, the family offices of Wipro's Azim Premji and Manipal Group's Ranjan ......

Commerce minister Goyal accuses Amazon, e-commerce players of predatory pricing

Consumer

21 August, 2024

Commerce minister Goyal accuses Amazon, e-commerce players of predatory pricing

India's commerce minister accused Amazon and other e-commerce companies of predatory pricing practices and said the ......

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