LifCare which is a Healthcare start-up has raised $11 million in its Series B led by Saif Partners & Nexus Venture Partners. Till now the startup has delivered only medicines meant for chronic illnesses to customers who take these medicines on a regular basis, with its infused capital, it will now look to expand further in Northern and central […]
D-Mart’s parent company Avenue Supermarkets Ltd joined the elite club bandwagon on Monday with Rs. 1 trillion market capitalisation after its share price reached Rs. 1,608.50, 1% up from its previous close on BSE. The stock has gained 20% in last three weeks while it has gained 35% in this year till date. The scrip […]
India’s second-richest businessman Azim Premji’s youngest son Tariq Premji has reportedly been appointed as the non-executive director of the board of Wipro Enterprises Limited. Azim Premji who is the Chairman of Wipro Enterprises did not want his sons to take over his business. In this regard, Premji expressed, “We have many more mature people and […]
Premji Invest, the family office of Wipro Head Ajim Premji is eyeing to invest $250 million in the holding company of Kishore Biyani’s Future Group. According to a report published in leading daily, Premji invest can pick up 6 percent stake sale in Future Retail at a time when the market is already buzzing discussions […]
The Walmart-Flipkart $16 billion acquisition must be the biggest fortune that could ever fall on investors in India’s largest e-commerce platform as they are set to receive their biggest payday. However, the e-commerce platform boasted international investors exclusively and therefore, Indians that will benefit from the $16 billion deal are only Flipkart founders and employees. […]
Country’s largest IT firm, Tata Consultancy Services March Quarter(Q4) earnings reported a stellar performance on Thursday beating all expectations that analysts had estimated both on revenue and profitability. This double-digit growth quarter has come after the backdrop of 13 straight quarters of underperformance and the board members of Mumbai based company immediately rewarded shareholders with […]
Canadian funds/firms have pumped in a full USD 20 billion in India, mostly by way of equity funds over the past decade alone, while bilateral trade is clipping at 30 per cent, both are going to get a fillip with the new bilateral pact, says an official. Fund inflows are set for acceleration with the […]
The Indian Institute of Foreign Trade has completed the Final Placements Process of its largest ever batch of 2016-18 in record time with offers from domain leaders of the industry, making it the fastest premier B-School to place its outgoing batch. A total of 31 students are placed in International Business roles in South America, […]
India’s most valued company Reliance Industries Limited chairman Mukesha Ambani and wife Nita Ambani topped the trending business leaders list in Google Search in 2017. The most valued couple is followed by other business leaders who appeared quite frequently in the news of 2017. Azim Premji, chairman of Wipro Limited made it to the third […]
[dropcap]T[/dropcap]hree days before Dr. Reddy’s Laboratories Ltd announced quarterly results this summer, a message circulated on a private WhatsApp group saying the Indian drug-maker would not post good numbers. Dr. Reddy’s was going to report a loss, according to the message on the “Market Chatter” group, which was posted on July 24 from a mobile […]
After disrupting the telecom industry in India, Reliance Jio is now set to launch an ecommerce platform, leveraging its penetration and millions of subscribers. As per the reports by ET the company is working with kirana stores and consumer brands to let people buy locally using coupons via Jio Money platform or even text messages. The project […]
HR technical solutions provider company- EdGE Networks has recently raised $4.5 million in a Series A round of funding from Kalaari Capital, with Ventureast as a co-investor. The company said it will use the Series A capital to strengthen its core product offerings for workforce optimisation and talent acquisition. Geographical and vertical expansion are two […]