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Nisus Finance Services' special situations fund will go live by December: CEO

Infrastructure

15 September, 2021

Nisus Finance Services' special situations fund will go live by December: CEO

With the impact from the pandemic’s second wave waning, Nisus Finance Services Co Pvt Ltd sees investment opportunities popping up ......

Insurtech startup BimaPe shuts down, founder announces new venture

TMT

15 September, 2021

Insurtech startup BimaPe shuts down, founder announces new venture

BimaPe, a Mumbai-based insurtech startup, has shut down within a year of its formation and will be reborn as Verak, ......

Flipkart doubles fulfilment capacity in run-up to flagship Big Billion Days sale event

TMT

16 September, 2021

Flipkart doubles fulfilment capacity in run-up to flagship Big Billion Days sale event

E-commerce major Flipkart has almost doubled its storage, fulfilment and supply chain capabilities in the run-up to its flagship...

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ARCs backed by Apollo, Avenue Capital, Kotak snap up road debt

Finance

15 September, 2021

ARCs backed by Apollo, Avenue Capital, Kotak snap up road debt

Three asset reconstruction firms -- Phoenix ARC, Arcion, and Asset Reconstruction Company India Ltd (Arcil) -- have bought more...

Market-bound Paytm's shareholders greenlight expansion of ESOP pool

TMT

14 September, 2021

Market-bound Paytm's shareholders greenlight expansion of ESOP pool

One97 Communications Ltd, which owns digital payments firm Paytm and is headed for the bourses, has got greenlight from shareholders...

Foreign direct investment into India to stay robust: Deloitte survey

Finance

14 September, 2021

Foreign direct investment into India to stay robust: Deloitte survey

International investors remain confident of India's short- and long-term growth prospects and are readying plans to make additional...

Zomato co-founder Gaurav Gupta quits six weeks after food delivery app's market debut

People

14 September, 2021

Zomato co-founder Gaurav Gupta quits six weeks after food delivery app's market debut

Gaurav Gupta, co-founder and top executive of Ant Group-backed Zomato Ltd, has resigned from the food delivery company about one...

GIC, ADIA, others come in as anchors for Sansera Engineering's IPO

Infrastructure

14 September, 2021

GIC, ADIA, others come in as anchors for Sansera Engineering's IPO

Bengaluru-based auto component maker Sansera Engineering, whose initial public offering opened on Tuesday, saw sovereign wealth...

Banks call on government to ease pressure on Vodafone Idea

TMT

14 September, 2021

Banks call on government to ease pressure on Vodafone Idea

Banks led by State Bank of India (SBI) have called on the Indian government to give debt-laden Vodafone Idea more ......

India Inc seals 219 deals worth $8.4 bn in August

Finance

13 September, 2021

India Inc seals 219 deals worth $8.4 bn in August

The India Inc witnessed 219 deals aggregating to $8.4 billion in the month of August, record volume for any given ......

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