SoftBank and Carlyle get CCI nod to acquire stakes in Delhivery

Kavya Kothiyal

The Competition Commission of India (CCI) has given the go-ahead to Japan's SoftBank Corp to acquire 22.44% stake in logistics ....

28 February, 2019

BigBasket, Grofers revive merger talks: Report

Kavya Kothiyal

Online grocer BigBasket could acquire smaller rival Grofers as part a transaction where investors of the two companies would commit ....

17 September, 2018
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Paytm parent posts wider FY18 loss despite hiving off wallet, e-commerce businesses

Dearton Thomas Hector

One97 Communications Ltd has reported a wider loss for the financial year ended March 2018 even after it carved out separate companies ....

29 August, 2018

Common investors not undermining competition between Ola, Uber: Antitrust watchdog

Binu Paul

The country’s antitrust watchdog has rejected allegations that Ola and Uber were indulging in anti-competitive practices ....

21 June, 2018

Ola lost Rs 4 for every rupee earned in revenue for FY17

Dearton Thomas Hector

Homegrown cab aggregator Ola more than doubled its revenue in the year through March 2017 but reported a wider loss as it continued ....

13 June, 2018

Paytm parent One97 Communications posts wider operating loss for FY17

Dearton Thomas Hector

One97 Communications Ltd, the parent of mobile wallet Paytm, reported a wider operating loss for the financial year ended March ....

29 May, 2018
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Walmart-Flipkart deal likely as early as next week

Reuters

Walmart Inc could seal a deal to buy a more than 51 percent stake in Indian online marketplace Flipkart as early as next week, ....

21 April, 2018

Ola puts in another $7.68 mn into cab-leasing arm

Vijayakumar Pitchiah

Taxi aggregator Ola, operated by ANI Technologies Pvt. Ltd, has made a fresh infusion of Rs 50 crore ($7.68 million) ....

28 February, 2018

Music streaming service Gaana raises $115 mn from Tencent, Times Internet

Dearton Thomas Hector

Chinese Internet conglomerate Tencent Holdings Ltd has made another bet in India. This time, it has led a $115-million (Rs 748 ....

28 February, 2018

Snapdeal to lay off 30% of its workforce

Varun Arora

E-commerce firm Snapdeal, operated by Jasper Infotech Pvt. Ltd, plans to lay off almost 1,000 employees, which comprises 30% of ....

11 February, 2017
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SoftBank COO Jonathan Bullock quits Snapdeal, Ola boards

Arti Singh

SoftBank Group COO and managing director Jonathan Bullock has resigned from the boards of its two biggest investee companies ....

6 February, 2017

PressPlay co-founder Anand Sinha joins FreeCharge

Binu Paul

Snapdeal-controlled digital payments platform FreeCharge has appointed Anand Sinha, co-founder and former chief executive of ....

19 December, 2016