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M&A deal of the month: Flipkart snaps up eBay India in battle with Amazon
Deal: India's largest e-commerce player, Flipkart, agreed to acquire eBay India Pvt. Ltd for $200 million in an all-stock deal. ......
TMT
FidelisWorld-backed gaming arena operator Smaaash picks banks for IPO
Gaming arcade operator Smaaash Entertainment Pvt. Ltd, which is backed by sports investment fund FidelisWorld and cricketer Sachin Tendulkar, has ......
Infrastructure
Why Blackstone may not be proud of exiting another legacy India portfolio firm
The Blackstone Group on Wednesday made a full exit from the almost decade-old investment in Allcargo Logistics Ltd, which is ......
Finance
Canara Bank in talks to sell majority stake in factoring business
State-run lender Canara Bank is in talks with multiple financial services companies and private equity firms to sell its majority ......
Consumer
Growing online biz major thrust area: Kalyan Jewellers' Ramesh Kalyanaraman
Kalyan Jewellers, which surpassed the country’s biggest listed jeweller Titan in terms of revenue in 2015-16, is set to break ......
Finance
Indian law firms sniffing out opportunities in forensics
In December, a domestic mid-sized private equity fund appointed a Mumbai-based law firm to check the dealings of its target ......
Infrastructure
Sovereign funds queue up for IRB InvIT Fund's IPO
A number of marquee global investors, including some of the world’s largest sovereign wealth funds, are lining up to take ......
Consumer
BanyanTree marks another exit
India-focused private equity firm BanyanTree Capital has hit its third exit from a portfolio company in just over a year, ......
TMT
Can Flipkart retain its lead as it goes shopping for Snapdeal?
Flipkart’s decade-long journey has been a story of ups and downs that, more often than not, dots the leadership landscape. ......
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Bus pooling app ZipGo raises Series A funding
Bangalore-based ZipGo Technologies Pvt. Ltd, the operator of an eponymous bus pooling app, has raised a Series A round of ......
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