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Weekly Deals Wrap: Companies raise $1.89 bn this week, MobiKwik, Cardekho turn unicorn

Finance

15 October, 2021

Weekly Deals Wrap: Companies raise $1.89 bn this week, MobiKwik, Cardekho turn unicorn

Companies raised $1.89 billion in venture capital and private equity funding this week that also witnessed the creation of two...

Tata Motors to invest $2 bn in EVs after fundraise from TPG

TMT

13 October, 2021

Tata Motors to invest $2 bn in EVs after fundraise from TPG

Tata Motors will invest over $2 billion in its electric vehicle (EV) business over the next five years, a company ......

TPG fund to invest $1 bn in Tata Motors EV arm at $9.1 bn valuation

TMT

12 October, 2021

TPG fund to invest $1 bn in Tata Motors EV arm at $9.1 bn valuation

Indian automaker Tata Motors has raised 75 billion rupees ($994 million) from private equity firm TPG's Rise Climate Fund...

Grapevine: SoftBank-backed unicorn InMobi mulls floating on Nasdaq

General

01 April, 2021

Grapevine: SoftBank-backed unicorn InMobi mulls floating on Nasdaq

Macrotech Developers (formerly known as Lodha Developers) will launch its initial public offering (IPO) on 7 April, a Mint report...

India to launch supercharged push for global electric vehicle players

Manufacturing

23 March, 2021

India to launch supercharged push for global electric vehicle players

India plans to offer fresh incentives to companies making electric vehicles (EVs) as part of a broad auto sector scheme ......

Grapevine: Tata Motors, others eye BEML stake; Aditya Birla Group to list AMC

General

08 March, 2021

Grapevine: Tata Motors, others eye BEML stake; Aditya Birla Group to list AMC

ata Motors, Mahindra and Mahindra, Ashok Leyland and others are eyeing a 26% stake in state-run defence equipment maker BEML,...

Jaguar Land Rover to cut 2,000 jobs globally

Consumer

18 February, 2021

Jaguar Land Rover to cut 2,000 jobs globally

Jaguar Land Rover said on Wednesday it would cut 2,000 jobs from its global salaried workforce, just days after announcing ......

Grapevine: Mastercard may invest in Airtel units; Practo eyes financial foray

General

14 January, 2021

Grapevine: Mastercard may invest in Airtel units; Practo eyes financial foray

Global payments processor Mastercard is in talks with Airtel Africa for a strategic investment in the latter’s mobile payments...

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India Inc reins in FY20 ad costs even as some ramp up in pre-Covid days

Finance

13 November, 2020

India Inc reins in FY20 ad costs even as some ramp up in pre-Covid days

Corporate India curbed advertising expenses for 2019-20 even before the slowing economy took a turn for the worse at the ......

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Dark clouds hanging over India Inc start to drift away, finally

Finance

05 November, 2020

Dark clouds hanging over India Inc start to drift away, finally

First, the sliding economy clobbered India Inc, and then the pandemic that took off in April-June made things worse.  But...

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