Khaitan & Co. elevates 11 principal associates, including 6 women, to partners
Mumbai-based law firm Khaitan & Co. on Friday said it has elevated 11 of its principal associates to partner roles. Six...
ChrysCap emerges as front runner to invest in Mumbai bulk-drugs maker
Homegrown private equity firm ChrysCapital has emerged as the primary suitor to clinch an investment in a Mumbai-based drug maker,...
Orios leads funding round at diabetes management app BeatO
Delhi-based Health Arx Technologies Pvt. Ltd, which owns diabetes management app BeatO, has raised Rs 11.75 crore ($1.7 million...
Leo Puri to head Northern Arc Capital board
Leo Puri, former managing director of UTI Asset Management Company (or UTI Mutual Fund), has joined the board of Chennai-based...
Sequoia-backed payments startup BharatPe gets new investor in Series A round
Digital payments firm BharatPe, which services offline retailers and businesses, has raised $15.5 million (around Rs 107 crore)...
Facebook India MD Umang Bedi resigns
Umang Bedi, managing director for India & South Asia at Facebook, has resigned and will leave the company by the end of the year.“We confirm that Umang Bedi will be leaving his role and Facebook at the end of this year. He’s built a really strong team and business during ......
Shapoorji Pallonji Group firm to buy embattled Unitech’s power transmission biz
Debt-laden Unitech Ltd, which remains enmeshed in a long-drawn legal battle to repay disgruntled home buyers, is selling its power...
Delhi High Court gives relief to ShopClues co-founders in forgery case
Giving relief to ShopClues CEO Sanjay Sethi and chief business officer Radhika Ghai Aggarwal, the Delhi High Court on Wednesday passed a ‘no coercion order’ on the police complaint filed by founder and former CEO Sandeep Aggarwal alleging forgery and criminal conspiracy.After the state additional public prosecutor sought time to ......
News Roundup: Kotak Mahindra Bank, Saxo Bank looking to buy stake in Sharekhan
Kotak Mahindra Bank and Danish online trader Saxo Bank are independently looking to buy a significant stake in online brokerage firm Sharekhan, lured by the prospect of expanding trading to India's small towns and cities. The two firms are in talks with CVCi International and Barings Asia, the private equity owners of Sharekhan. ......
Nippon Life Insurance’s venture arm invests in Indian fintech startup
Asset management firm Nippon Life Global Investors Americas, Inc. (NLGI Americas), the wholly-owned subsidiary of Japanese private...
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