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ByteDance says it is 'bleeding' due to India bank account freeze, no relief from court
An Indian court on Wednesday granted no relief to China's ByteDance, owner of the TikTok video app, in a case ......
Finance
March Deals Wrap: Adani, GIC strike multiple deals; SaaS firms get attention
Infrastructure and financial services saw ample investor interest and led deal charts for the month of March across private equity...
People
Ola Cabs CXO leaves in latest top departure from ride-hailing firm
An Ola Cabs executive has exited the Bengaluru-based ride-hailing giant in the latest top departure...
Finance
US stressed assets firm Avenue Capital partners SpiceJet over aircraft
SpiceJet, India’s second-largest airline by passengers, has announced a tie-up with US investor Avenue Capital for financing,...
Finance
Bhushan Power, NOCL lead March stressed assets resolutions; Upsurge in new cases under IBC
India’s stressed assets market saw the resolution of several pending cases in bankruptcy court in March, including big-ticket ones involving Bhushan Power...
TMT
Court grants no relief to ByteDance in tax evasion case
Indian authorities have blocked at least two of ByteDance's bank accounts for alleged tax evasion, prompting it to ask a ......
Finance
Kotak Special Situations Fund invests in AGS Transact
Kotak Special Situations Fund has invested Rs 350 crore ($47.6 million) in payment solutions provider AGS Transact Technologies...
Consumer
China smartphone maker Xiaomi to invest $10 bn in new EV unit over 10 years
Chinese smartphone maker Xiaomi Corp has formally entered the automotive industry with a new smart electric vehicle (EV) business,...
Healthcare
India records 56,211 new cases of coronavirus
India recorded 56,211 new cases of coronavirus, a slight dip from the country's record-breaking tallies over the last three...
Healthcare
Serum Institute delays expected launch of Novavax vaccine in India
The launch in India of a new COVID-19 vaccine developed jointly by the Serum Institute of India and US-based biotech ......
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