Jul 02, 2015 05:11 PM IST
Existing investors Sequoia Capital and Walden International also participated in the funding round. The funds will be primarily deployed towards technology integration, hiring and strengthening partner relationships, the company said in a statement.
- Jul 02, 2015 09:28 AM IST
"Considering the change in the evaluation, the company has now initiated steps to voluntarily wind up TVSM Europe, subject to regulatory approvals/consents as may be required, both under Indian/Foreign Laws", it said.
- Jun 26, 2015 08:03 AM IST
In the first phase, the company will focus on its departmental store format, Shoppers Stop, and will strengthen the online presence, offering better navigation and superior assortment, by the end of December.
- Jun 22, 2015 08:28 PM IST
Smartphone handset maker Micromax Informatics on Monday announced a "strategic investment" in ixigo, a mobile travel search and marketplace, as part of its ongoing investments of up to USD 20 million in over 20 startups in the coming year.
- Jun 22, 2015 09:56 AM IST
The buyout shop is making the investment through its unit Carlyle International Energy Partners, a fund that focuses on oil and gas exploration and production.
- Jun 18, 2015 08:19 AM IST
Vice Chairman Jimmy Lee unexpectedly died on Wednesday, the company said. He was 62.
- Jun 17, 2015 08:04 PM IST
The Tata Group and Telestra Tradeplace are in discussions regarding raising stake in the airline, AirAsia Group Chief Executive told in an interview to a private business news channel.
- Jun 17, 2015 05:28 PM IST
PFS will use the funds to boost long-term financing for renewable energy, particularly in wind and solar projects, a company release said here. The investment will help generate an estimated 129 GWh of clean energy over five years, it said.
- Jun 15, 2015 07:24 PM IST
As per the data available with Commerce and Industry Ministry for April-February period, Vodafone India's USD 1.5 billion investment in May 2014 was the biggest by any multinational company.
- Jun 08, 2015 07:22 PM IST
Asking technology startups founded by Indians to remain within the country, Sebi Chairman U K Sinha has promised an easier set of regulations for them to get listed and raise funds in the domestic stock market.
- Jun 08, 2015 07:02 PM IST
ICRA, an associate of Moody's Investors Service, said it expected the lenders' gross non-performing loans as a percentage of total loans to be between 5.3 percent and 5.9 percent in the fiscal year 2015/16, compared with 4.4 percent as of March 2015.
- Jun 08, 2015 07:50 AM IST
Private sector lender YES Bank today said it will raise USD 1 billion (about Rs 6,400 crore) by fresh equity and Rs 10,000 crore through Non Convertible Debentures (NCDs) and bonds.
- May 28, 2015 08:21 AM IST
In an interesting turn of events,crisis hit Sahara has entered the fray for buying its own Grosvenor House hotel, which was put on sale by its lender Bank of China after a 'technical default'.
- May 19, 2015 11:46 AM IST
The Finance Ministry could have sidestepped a damaging multibillion-dollar tax row with foreign investors if it had acted on regular warning letters that officials had been sending since as long ago as September.
- May 15, 2015 08:55 AM IST
Non-banking finance company Religare Finvest Ltd (RFL) will launch the issue on May 18 and it can raise the amount in one or more tranches.
- May 15, 2015 08:08 AM IST
Net sales of the company in January-March period of 2014-15 declined to Rs 69.27 crore from Rs 74.91 crore in the same period in 2013-14, Monsanto India said in a BSE filing.
- May 14, 2015 08:14 AM IST
A week after withdrawing resignation, Housing.com Chief Executive Rahul Yadav today in a surprise move decided to allot all his personal holding in the company worth Rs 150-200 crore to the employees.
- May 13, 2015 11:33 AM IST
The loan is guaranteed by RIL and will be primarily used to finance goods and services procured from Samsung Electronics and Ace Technologies Corp, which are being sourced for the infrastructure rollout of RJIL," RJio said in a statement.
- May 13, 2015 10:37 AM IST
The bank had a net profit of Rs 35.85 crore during the corresponding quarter of previous fiscal 2013-14. Total income during the last quarter of 2014-15 fell to Rs 2,234.90 crore, from Rs 2,258.05 crore in the year ago period.
- May 12, 2015 01:36 PM IST
India's smaller infrastructure firms are turning to share sales to fund new projects, cashing in on a boom in the country's stock market just as banks have scaled back on credit due to rising bad loans and slowing earnings growth.
- May 10, 2015 11:00 AM IST
SMEs are its primary customers. Business comes from electrical goods, power tools, materials, utilities, safety tools, office furniture segments.
- May 07, 2015 11:03 AM IST
At present, Toppr has over 1,70,000 students on its platform. Students practised over 2.5 million questions in April, the company said. Last month, Toppr.com acquired EasyPrep, another player in the online test preparation segment.
- Apr 30, 2015 12:17 PM IST
BPCL said that the notes will be listed on the Singapore Stock Exchange and the proceeds will be used for capital expenditures purposes. Shares of BPCL were trading at Rs 776.90 apiece, up 2.81 percent on the BSE.
- Apr 10, 2015 06:13 PM IST
Ola is locked in intense negotiations over the new round of funding as investors are closely "studying the firm's future plans," sources close to the development said.
- Apr 09, 2015 04:37 PM IST
Urban Ladder has raised USD 27 million from Kalaari Capital, SAIF Partners and Steadview Capital in the past three years. Besides, Tata Group Chairman Emeritus Ratan Tata had also made a personal investment in the company in November 2014, it said in a statement.