Prominent names that have recently got approval include Chinese electronics major Luxshare, which is also a vendor for Apple, and a joint venture (JV) between Bhagwati Products (Micromax) and Huaqin Technology, in which the Chinese company will own a minority…
Read More
Zomato’s purchase of Paytm’s events and movie ticketing division hinges on effective customer transition and team integration, as noted by CEO Deepinder Goyal. The Rs 2,048 crore deal includes onboarding 280 employees. Initial operations will remain on separate apps, later…
Read More
Premji Invest and Claypond Capital are in discussions to invest approximately $125 million for a significant minority stake in Akasa Air, valuing the airline at over $350 million. This investment demonstrates confidence in Indian carriers, historically struggling to attract interest.…
Read More
Tata Capital Ltd has applied to the Competition Commission of India for approval to merge with Tata Motors Finance Ltd. The merger, approved by both companies’ boards in June, will see Tata Capital issuing equity shares to TMFL shareholders, resulting…
Read More
Reserve Bank of India Governor Shaktikanta Das stated that inflation should settle near the 4% target sustainably before any rate cut can be considered. Although July saw a dip, inflation is expected to rise again from September. Current policy aims…
Read More
As per the report, Mumbai demonstrated a much better payment behaviour with 29% of payments overdue for more than 90 days.
Read More