The default follows a rating downgrade and the resignation of its chairperson and independent director Naina Lal Kidwai, former head of HSBC India, e
Info Edge's market value eroded after a news report said its investee company Zomato fired over 500 people.
State Bank of India (SBI) said it will raise up to Rs 3,465 crore by offloading up to 4.5 per cent stake in SBI Life Insurance.
JioSaavn has raised about $19.4 million (Rs 140 crores) from its parent entity Reliance Industries.
Cholamandalam’s core business is to provide commercial vehicle finance and loan against properties.
Investors such as SoftBank are not too worried about cash burn and are willing to fund losses if growth continues.
Oyo is entering the four-star hotels segment in India with the purchase of a 64-suite building in Ahmedabad for an undisclosed amount.
Blackstone is expanding into logistics in India to tap the growing demand for warehouses as companies including Amazon.com and Walmart spend billions
The stake sale marked a complete exit from the company for Warburg, which had invested in ICICI Lombard in 2017, ahead of the insurer’s IPO.
Chiratae, formerly IDG Ventures India, has backed startups such as Myntra, Lenskart, CureFit, and Policybazaar.
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