The scrip settled at Rs 638.55, down 0.34% from the previous close.
Amazon is now the biggest ad spender in e-commerce firms.
Idea’s shares have fallen 14% since the deal announcement.
Zodius Capital also participated in this round.
Emami Group has formed a partnership with Mumbai-based real estate firm Sheth Corp to develop a luxury residential project at Mumbai’s Mulund suburb. Kolkata-based Emami has invested Rs350 crore for a 50% stake in the project, said a press release issued by both the firms The luxury project ‘Montana’ is… Read more »
Last year Mywish raised $15m from Franklin Templeton International Services India
The deal could be worth $1.5 billion.
Ambit Pragma Ventures Pvt. Ltd, the private equity arm of Ambit Holdings Pvt. Ltd, is set to sell Prasanna Purple Mobility Solutions Pvt. Ltd, a Pune-based bus operating company in which it holds about 70% stake. Ambit Pragma has hired advisory firm EY to run the sale process, according to… Read more »
Kotal Mahindra has completely exited the company.