Funds affiliated with Baring Private Equity Asia (BPEA) will buy about 30 percent stake in mid-sized IT services firm NIIT Technologies from NIIT Ltd...
The maiden dollar-rupee swap conducted by the central bank last week helped the country's foreign exchange reserves swell by a healthy $5.237 billion to...
India's most substantial automotive battery, inverter battery, and solar maker LivGuard has raised Rs 220 crores (approx $2.2 billion) as a strategic investment from...
Microsoft Corp and BMW Group on Tuesday launched an initiative to create an Open Manufacturing Platform that seeks to stimulate innovation and accelerate the...
IT major HCL Technologies said on Tuesday that its acquisition of US-based Strong-Bridge Envision has been completed.
HCL had recently agreed to acquire the Seattle-based...
Oil prices climbed to nearly five-month highs on Tuesday, supported by firm Chinese economic data that eased demand concerns, the possibility of more sanctions...
A committee tasked with revamping corporate governance at Nissan Motor Co is expected to recommend on Wednesday a bigger role for external directors in...
An American ride-hailing company Uber is planning to acquire Careem, a Dubai based taxi company and also one of its main competitor in Dubai.
Quoting...
Tata Capital, the financial services arm of the diversified conglomerate, will be raising $100 million in foreign borrowings through an arm by next week,...
A Naspers group backed online marketplace for pre-owned goods seller OLX has said that "The company will start focussing on monetizing its business in...
BJP MP Subramanian Swamy on March 23 claimed neither Prime Minister Narendra Modi nor Finance Minister Arun Jaitley knew economics, as they dub India...
Information Technology giant Infosys on Friday announced that "It has partnered with The House Fund ll, L.P. to invest $10 million in AI-focused fund...
One of India's largest public bank, State Bank of India has raised Rs 1,251.30 crore from Basel III-complaint bonds.
In a regulatory filing on Friday,...
Markets regulator SEBI on Friday exempted the central government from making an open offer for the shareholders of Union Bank of India following capital...
Wall Street stocks sold off sharply on Friday, with all three major US stock indexes posting their biggest one-day percentage declines since Jan. 3,...
Ahead of making its plan to Initial public offering in 2021, Asia's leading cross border digital payment company InstaRem on Tuesday announced that "It...
