Alibaba Group
TMT
eBay bets on Paytm Mall in renewed India push
US-based online retailer eBay Inc. is investing in Vijay Shekhar Sharma-led Paytm Mall to acquire a stake of about 5.5%, ......
General
KKR looks to take over Altico; Alibaba reviews India strategy
Private equity firm KKR is looking to buy a controlling stake in real estate-focussed non-banking financial company Altico Capital...
TMT
Mirae Asset leads $150-mn investment round in BigBasket
SuperMarket Grocery Supplies Pvt. Ltd, which owns online grocer BigBasket, is raising $150 million (about Rs 1,040 crore) in a...
General
Zomato looks to sell UAE biz; Multiples PE, ICICI Venture eye Torrent brands
Online food delivery and restaurant discovery company Zomato Media Pvt. Ltd is seeking to sell its business unit in the ......
General
ArcelorMittal sweetens offer for Essar Steel; SoftBank eyes stake in FirstCry
ArcelorMittal, the world's largest steelmaker, has increased its offer to acquire debt-laden Essar Steel Ltd, media reports said on Wednesday....
TMT
Alibaba's payment affiliate invests $210 mn more in Zomato
Online restaurant discovery and food delivery company Zomato Media Pvt. Ltd is raising $210 million (Rs 1,500 crore) from Chinese...
Finance
In Charts: Singapore surpasses Mauritius for FDI inflows into India
Singapore has trumped Mauritius as the most favoured route for foreign direct investment (FDI) into India for three quarters in...
People
Alibaba CEO Daniel Zhang to replace Jack Ma as chairman in 2019
Alibaba Group Holding Ltd’s (BABA.N) co-founder and executive chairman, Jack Ma, will retire from the e-commerce company...
Infrastructure
Samara Capital, Ajay Relan's Xponentia acquire Spoton Logistics
A consortium of investors led by mid-market private equity firm Samara Capital has bought Spoton Logistics Pvt. Ltd from its ......
TMT
Paytm acquires Rainmatter-backed fintech startup Balance
One97 Communications Ltd has acquired the operator of fintech application Balance, as the parent of digital payments company Paytm...
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