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Multinational companies face heftier tax hit in biggest overhaul for decades

Finance

09 October, 2019

Multinational companies face heftier tax hit in biggest overhaul for decades

Governments will get more power to tax big multinationals like Google, Apple and Facebook doing business in their countries under...

Hyperlocal delivery startup Dunzo raises $45 mn from Lightbox, Google, others

TMT

04 October, 2019

Hyperlocal delivery startup Dunzo raises $45 mn from Lightbox, Google, others

Hyperlocal delivery platform Dunzo on Friday said it has raised $45 million (Rs 318.58 crore) in a fresh funding round ......

Govt tells tech firms to protect user privacy, prevent abuse

TMT

19 September, 2019

Govt tells tech firms to protect user privacy, prevent abuse

Technology firms must protect user privacy and prevent abuse of their platforms, India’s IT minister said on Thursday, speaking...

SME lender Aye Finance raises debt funding worth $11 mn

Finance

17 September, 2019

SME lender Aye Finance raises debt funding worth $11 mn

Fintech lender Aye Finance, backed by multi-stage investor SAIF Partners and Google's venture capital arm CapitalG, said it...

How Reliance-Microsoft tie-up helps startups but poses threat to Amazon, Google

TMT

13 August, 2019

How Reliance-Microsoft tie-up helps startups but poses threat to Amazon, Google

India's Reliance Industries Ltd on Monday announced a partnership with Microsoft's Azure cloud platform, in a move that...

Reliance to acquire Google-backed fashion portal Fynd

TMT

05 August, 2019

Reliance to acquire Google-backed fashion portal Fynd

Billionaire Mukesh Ambani-led Reliance Industries Ltd will acquire a majority stake in Shopsense Retail Technologies Pvt. Ltd,...

India among growth drivers but global online advertising expansion set to slow

TMT

08 July, 2019

India among growth drivers but global online advertising expansion set to slow

Global advertising spend is expected to grow 4.6% in 2019, a dip from previous estimates, with internet advertising seen slowing...

Grapevine: GIC, 5 PE firms in race for CitiusTech; Goldman, SSG eye stressed assets

General

06 June, 2019

Grapevine: GIC, 5 PE firms in race for CitiusTech; Goldman, SSG eye stressed assets

Singapore sovereign wealth fund GIC Pte. Ltd and five private equity firms have entered a second round of negotiations to ......

Goldman buys Piramal loans to Lodha; Lightbox may lead $50 mn round in Dunzo

General

29 May, 2019

Goldman buys Piramal loans to Lodha; Lightbox may lead $50 mn round in Dunzo

A Goldman Sachs unit has bought Piramal Capital & Housing Finance Ltd's loans worth Rs 2,000 crore ($286.5 million) to...

Billionaire BR Shetty's payments firm Finablr to spend $200 mn on growth, M&As

Finance

27 May, 2019

Billionaire BR Shetty's payments firm Finablr to spend $200 mn on growth, M&As

Payments and foreign exchange company Finablr plans to use half of the proceeds from its share sale in London earlier ......

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