Antfin Holdings selling 10.3% stake in India’s Paytm for $628 million
Bengaluru (Reuters) – A subsidiary of China’s Ant Financial will sell a 10.3% stake in India’s Paytm (PAYT.NS), with the company’s
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Business
Indian e-commerce startup Meesho posts first-ever profit, plans IPO in 12-18 months
Bengaluru (Reuters) – Indian e-commerce startup Meesho has posted its first-ever profit and is targeting a stock market listing in
Read MoreIndian IT dept searches Kalpataru Group premises in Rajasthan, Mumbai – CNBC-TV18
(Reuters) – India’s Income Tax (IT) department searched real estate development company Kalpataru Group’s premises in Rajasthan and Mumbai on
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Pepsi India bottler Varun Beverages posts profit growth on steady volumes
Bengaluru (Reuters) – Pepsi India bottler Varun Beverages (VARB.NS) on Thursday reported a 26.2% jump in its second-quarter profit, underpinned by improved
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Analysis: In India, it’s advantage Tesla as Chinese automakers face heat
New Delhi (Reuters) – China’s loss in India could be Elon Musk’s gain. Tesla (TSLA.O) has had a red-carpet welcome from India
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UAE’s e& offers to increase stake in Vodafone by 20%, CEO tells CNBC Arabia
Dubai (Reuters) – UAE’s e& (EAND.AD) has submitted an offer to increase its stake in Vodafone (VOD.L) by 20%, e&’s CEO Hatem Dowidar told
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Foxconn to invest $600 mln in India’s Karnataka to make iPhone components, chip equipment
Bengaluru (Reuters) – Foxconn (2317.TW) will invest $600 million in two projects in India’s Karnataka to make casing components for
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India’s IndiGo posts record quarterly profit on strong demand, lower fuel prices
Bengaluru (Reuters) – IndiGo operator Interglobe Aviation Ltd (INGL.NS) reported a record quarterly profit on Wednesday on strong demand for
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Chinese carmaker BYD faces Indian tax investigation – sources
New Delhi (Reuters) – Chinese automaker BYD (002594.SZ) faces an ongoing Indian investigation over allegations that it paid too little tax on
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Adani-owned Ambuja Cements to acquire majority stake in India’s Sanghi -sources
New Delhi (Reuters) – India’s Ambuja Cements (ABUJ.NS) has reached a deal to acquire a majority stake in operations of Sanghi Industries (SNGI.NS),
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