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Shivinder Singh says ending all ties after brother Malvinder alleges physical assault

New Delhi, Dec. 14 -- Two months after Shivinder Singh, the younger of the two warring brothers and former promoters of Fortis Healthcare Ltd, brokered a truce, he has decided to break all ties with h... Read More


Reliance sets up seven subsidiaries for telecom, content businesses

Mumbai, Dec. 14 -- Reliance Industries Ltd (RIL), which bought stakes in Den and Hathway cable networks in October, has created seven subsidiaries to handle its fast-growing telecom and content busine... Read More


Hero Future set to buy Waaree assets in '550-cr deal

Mumbai, Dec. 14 -- Hero Future Energies, the renewable power venture of the New Delhi-based Munjal family, is close to buying the solar power-generating assets of Waaree Energies Ltd in a '500-550 cro... Read More


Airtel, Reliance Jio or Vodafone Idea. Whose line is it anyway?

Mumbai, Dec. 14 -- Six months ago, Bharti Airtel Ltd was the undisputed leader in India's telecom market with the largest subscriber base, highest profit and maximum revenue market share. The entry of... Read More


Deep-tech start-ups garner funds worth $248 million so far this year

Mumbai, Dec. 14 -- Investments in deep-tech start-ups, such as those driven by artificial intelligence (AI), machine learning and robotics, have touched an all-time high of $247.78 million so far in 2... Read More


Naspers, General Atlantic and others invest $400 mn in Byju's

Bengaluru, Dec. 14 -- Online tutoring start-up Byju's, run by Think and Learn Pvt. Ltd, has raised $400 million in a new round of funding, making it the fourth most valuable start-up in India and augm... Read More


Key Mindtree investors looking to log out, PE firm KKR may log in

Mumbai, Dec. 14 -- Mindtree Ltd's largest investor and Cafe Coffee Day's (CCD) founder V.G. Siddhartha, two firms controlled by him and a few other large shareholders are looking to sell their stakes ... Read More


Venkataraman to take additional charge as COO at Flipkart

Bengaluru, Dec. 14 -- Flipkart's chief financial officer (CFO) Sriram Venkataraman will take additional charge as chief operating officer (COO), filling a role that has remained vacant for nearly a ye... Read More


Flipkart to expand in groceries, furniture businesses, says CEO

Bengaluru, Dec. 14 -- Walmart-controlled online retailer Flipkart plans to invest in fast-growing newer categories such as furniture and groceries in the next three years to drive transactions that ha... Read More


Dena Bank to sell properties worth '462 cr ahead of merger with BoB and Vijaya Bank

New Delhi, Dec. 14 -- Public sector lender Dena Bank has initiated the process of selling some of its real estate assets, including properties housing its branches, worth '462 crore. The move comes mo... Read More