Photo: Livemint

Why India needs a new logistics network


Success of flagship Make in India programme is dependent on it.

India: D-Mart shares close marginally lower on day after listing

The scrip settled at Rs 638.55, down 0.34% from the previous close.

India: Flipkart, Amazon take divergent routes for next phase of growth

Amazon is now the biggest ad spender in e-commerce firms.

Why are Idea shares falling after Vodafone merger announcement?

Idea’s shares have fallen 14% since the deal announcement.

India: Research firm MarketsandMarkets raises $56m led by FTV Capital

Zodius Capital also participated in this round.

Emami Group, Sheth Corp team up to build luxury residential project in Mumbai

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 »

India: Franklin Templeton-backed Wishfin scouts for buyouts, eyes overseas expansion

Last year Mywish raised $15m from Franklin Templeton International Services India

India: Brookfield, ATC vying for Idea and Vodafone’s tower assets

The deal could be worth $1.5 billion.

India: Ambit Pragma in talks to sell Pune bus operator Prasanna Purple

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 »

India: Westbridge Capital hikes stake in tyre maker Ceat for $28m

Kotal Mahindra has completely exited the company.