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Muted trade on Dalal Street; losses in metals, energy offset by gains in auto, FMCG stocks

Finance

Muted trade on Dalal Street; losses in metals, energy offset by gains in auto, FMCG stocks

Markets are subdued in early trade on Tuesday, with losses in metal and energy stocks countering ...

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Warburg Pincus set to acquire majority stake in auto parts maker

Manufacturing

Warburg Pincus set to acquire majority stake in auto parts maker

US-based private equity (PE) major Warburg Pincus is set to pick up majority stake in Imperial Auto ...

Electric commercial vehicle startup EVage gets funds from RedBlue Capital

TMT

Electric commercial vehicle startup EVage gets funds from RedBlue Capital

Indian all-electric commercial original equipment manufacturer (OEM) EVage said it has secured $28 ...

Automobile startup Motozite raises undisclosed sum from We Founder Circle

Consumer

Automobile startup Motozite raises undisclosed sum from We Founder Circle

IIM Lucknow-incubated startup, Motozite has raised an undisclosed amount in a pre-Seed round from We...

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WestBridge makes top-up investment in rare $100 mn-plus bet on a single firm

Consumer

WestBridge makes top-up investment in rare $100 mn-plus bet on a single firm

WestBridge Capital, a mid-market private equity firm that has a large public markets portfolio, has ...

GST panel unlikely to favour tax rate cut for auto sector

Economy

GST panel unlikely to favour tax rate cut for auto sector

India's goods and services tax (GST) panel is unlikely to approve lowering the tax for the auto ...

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PineBridge Capital eyeing moderate returns from exit in Uniparts India IPO

Manufacturing

PineBridge Capital eyeing moderate returns from exit in Uniparts India IPO

PineBridge Capital Partners is eyeing moderate returns as it seeks IPO exit from its decade-long ...

India outlook for 2018 stable; telecom, realty a drag, say Moody's, ICRA

Finance

India outlook for 2018 stable; telecom, realty a drag, say Moody's, ICRA

Moody’s Investors Service said, Thursday, that its outlook for India through 2018 is stable with ...

Auto parts marketplace SparesHub raises funds from Chennai Angels, others

TMT

Auto parts marketplace SparesHub raises funds from Chennai Angels, others

Automobile parts marketplace SparesHub.com, run by Iradium Automobiles Pvt. Ltd, has raised Rs 2 ...

Online auto marketplace Droom gets Series B funding from Beenext, Digital Garage, others

TMT

Online auto marketplace Droom gets Series B funding from Beenext, Digital Garage, others

Gurgaon-based Droom, an online marketplace for used automobiles, has raised an undisclosed amount in...