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Q3 GDP growth slows by nearly 200 basis points

General

28 February, 2023

Q3 GDP growth slows by nearly 200 basis points

India's economic growth slowed further in the December quarter as pent-up demand eased and weakness in the ......

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Kedaara Capital ropes in pharma veteran as operating partner

General

24 February, 2023

Kedaara Capital ropes in pharma veteran as operating partner

Homegrown private equity (PE) firm Kedaara Capital, which has backed companies like AU Small Finance, Veritas Finance, ......

Blackstone's tactical opportunities vertical MD quits to float own fund

General

22 February, 2023

Blackstone's tactical opportunities vertical MD quits to float own fund

Melvin Ike, a managing director in Blackstone Inc's tactical opportunities group, has resigned to start his own ......

India proposes new rules to levy 30% tax on winnings from online games, removes ₹10,000 TDS slab

General

01 February, 2023

India proposes new rules to levy 30% tax on winnings from online games, removes ₹10,000 TDS slab

The government of India has proposed new rules under the Income Tax Act to define online gaming and levy a ......

Happiest Minds acquires Madurai-based SMI for ₹111 crore

General

25 January, 2023

Happiest Minds acquires Madurai-based SMI for ₹111 crore

Bengaluru-based midcap information technology (IT) services firm Happiest Minds on Wednesday announced the acquisition ......

JetSynthesys acquires former Twitter India head's creator monetization platform

General

24 January, 2023

JetSynthesys acquires former Twitter India head's creator monetization platform

Gaming and entertainment firm JetSynthesys has acquired a majority stake in Fanory, a content monetization platform for ......

After Alphabet and Microsoft, Spotify to slash jobs as well

General

23 January, 2023

After Alphabet and Microsoft, Spotify to slash jobs as well

Swedish music streaming firm Spotify is reportedly planning to slash jobs across various teams, according to a report by......

GoMechanic admits to irregularities, investors seek audit

General

18 January, 2023

GoMechanic admits to irregularities, investors seek audit

Sequoia-backed GoMechanic founder Amit Bhasin said the company had made ‘errors in judgement’ in financial reporting......

Everstone Capital, Goldman Sachs acquire IT services firm Cprime

General

11 January, 2023

Everstone Capital, Goldman Sachs acquire IT services firm Cprime

Everstone Group’s private equity arm Everstone Capital and Goldman Sachs Asset Management have acquired US-based IT services management firm Cprime ......

Annual private equity investment in India lowest since 2019

General

10 January, 2023

Annual private equity investment in India lowest since 2019

Investments by private equity (PE) firms in India fell 42% to $23.3 billion in 2022 year-on-year, the lowest since 2019......

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