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Fashion-house Bewakoof.com bags big investments from Investcorp: Bahrain-headquartered Investcorp has led an $11.2 million investment in Bewakoof.com, an online Indian space for fashion. Recently, the global alternative asset….

DHFL to sell its entire wholesale book to OaktreeMumbai based Dewan Housing Finance Corp. Ltd. (DHFL) reportedly signed a nonbinding term sheet with Oaktree Capital which is valid till….

Sequoia Capital Launches Second Batch Of Startup Accelerator Program: Sequoia Capital India recently launched its startup accelerator program, Surge 02. The new batch has 20 startups which are in their early stage of businesses….

Puma to open its first experience store in India – globally second to the New York store: Underscoring the importance of growing market of sports and fitness in India, the German sportswear maker Puma is opening up its first experience store in India….

Oberoi to exit airline catering and services businessAccording to the recent reports available, luxury hotel chain The Oberoi Group has put its Oberoi Flight Services on hold after its primary client….

Only the tail of the elephant is wagging, elephant has passed: IndusInd Bank: Over the past week, IndusInd Bank Ltd. witnessed almost one-fifth of its market value wiped out due to concerns about its creditors. On Friday, the bank….

KKR acquires majority stake in EuroKids from Gaja Capital: KKR & Co. Inc. said on Thursday that it has acquired 92% stake in EuroKids International Pvt. Ltd. The deal was finalized between KKR and Gaja Capital, which….

Mylan to invest $6 billion on capex in India to incentivise R&D activities: Multinational drug company Mylan is all set to invest on capex in India. It has said it will invest $1 billion in the next 5-6 years on it, considering the significant….

2,608 of MG Hector sold in September, is it signalling the end of slump in automobile sales? : When India is witnessing a slump in the automobile industry in India, Morrison Garages (MG) Motor India has been successful in selling 2,608….

Facebook is all set to invest in technology start-ups in India: On Friday, a top official of Facebook said that the social media giant is planning to invest in technology start-ups in India. India Vice President and Managing Director….

OfBusiness raised USD 34 million in Norwest-led series D roundOfBusiness, a non-banking financial company that offers lends to various small and medium companies, has raised INR 250 crore ($ 34 million) in a Series D….

Lenders agrees to the extended timeline for Essel Group, ZEE Entertainment stocks soared 5%: Shares of Zee Entertainment Enterprises (ZEEL) soared 5% in early trade on Wednesday after it was reported that the lenders unanimously agreed….

Cheering the Friday Blockbuster – Realtors welcome corporate tax cut by the governmentThe central government on Friday announced to cut corporate tax. Realtors from around the country hailed the move by the government. Several realtors believe that this step….

India’s Petronet signs MoU with America’s Tellurium Inc. for LNG importOn the very first day of Prime Minister Modi’s visit to the United States, Petronet LNG, India’s largest LNG importer, signed a Memorandum of Understanding….

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Reduction in hotel room tariffs, Cheers in hotel industry: Hospitality and FMGC major ITC was leading the stocks on NSE on Monday, surging over 9%. ITC witnessed the most significant jump….

Made in India iPhones are within earshot: Apple to invest $1b in India: In the midst of the US-China trade war, Apple is working on its plan to shift its manufacturing base out of China. In order to expand its business in….

Axis Bank share sale to reach $1.6 BillionOne of the largest players in the Indian private banking sector, Axis Bank is set to raise $1.6 billion in a share sale. The investment is expected to be….

Thailand’s fashion brand LYN to enter IndiaLaunched in 2001 to cater to ladies in trendy products and fashion, LYN is all set to open its first store in India. The brand is a part of Thailand’s….

Hyundai and Kia to acquire small stake in OLA Electric: After investing $300 million in Ola in March this year, South Korean automobile giants Hyundai Motor and Kia Motors are set to acquire a minority….

The maiden Embassy’s REIT, witnessed 35% appreciation in stock prices : A joint venture between Blackstone Group Lp and Embassy Property Development, the Embassy Office Parks REIT is India’s first listed ….

Blackstone eyeing big investment in India: The Blackstone Group Inc. is looking to invest Rs 1500 Crore in India, according to reports. The American asset management and private….

SastaSundar wings its way after a 100 Crore deal with MitsubishiSastaSundar Healthbuddy Ltd, an Indian digital healthcare startup will receive Rs 100 Crore as investment from the Japanese conglomerate….

CPP Investment Board invests 115 million dollars in Delhivery: One of the world’s largest investment management companies, Canada Pension Plan Investment Board has invested $115 million in….

CNH Industrial to invest more in India in its five-year plan: CNH Industrial, one of the world’s big players in industrial vehicle making, intends to invest more in India in spite of the slow economic growth….

Kaspersky is reported to set up transparency facility and a data centre in India in 2020: Kaspersky, a Russian cybersecurity solutions company, is reportedly setting up a data centre and a Transparency Centre in India. This step by Kaspersky….

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Alibaba all set to launch its e-commerce business in India through its subsidiary UCWeb: Last month, Amazon inaugurated its only corporate office outside the US in Hyderabad. Now Alibaba Group is reportedly planning to….

Trina Solar’s Corporate Social Responsibility report of 2018 reveals its positive sideOne of the world’s leading companies in the field of Photovoltaics and smart energy solution, Trina Solar Limited has released its corporate social….

Praxis Global Alliance’ Healthcare Investor Report of 2019 reveals Opportunities for value creation in IndiaOn September 3, Praxis Global Alliance published its healthcare investor report for the year 2019. The report, which is titled Healthcare Investor….

Commercial realty sector to witness massive growth in affordable housing: Commercial real estate is thriving, says Deepak Parekh, the chairperson of Housing Development Finance Corporation (HDFC). His statement….

Japan business investment rises 1.9% in April-June quarterThe Ministry of Finance recently released its data, which showed that the capital expenditure raised by Japanese businesses in the 2nd….

Realty firm Sobha to enter Delhi and Hyderabad realty market: Known for its luxury apartments, Realty firm Sobha is entering the residential property market in Delhi and Hyderabad. The firm….

Fairfax to invest $5 billion more in India in next 5 yearsAmidst the economic slowdown fluster, the Canadian giant Fairfax Financial is looking to invest $5 Billion into the Indian market….

Targeting fuel for the first time, U.S. and China add more tariffs: Prices FallOil prices have weakened on Monday shortly after the U.S. and China imposed new tariffs. The new tariff development has raised concerns….

Prime Minister Narendra Modi launched ‘Fit India’ movement: On Thursday, ‘Fit India’ movement was launched by Prime Minister Narendra Modi to make fellow countrymen aware of their health and….

Thailand based MQDC to enter in co-working space realty market in Delhi, leases 22,000 sq ft from DLFThailand based Magnolia Quality Development Corporation (MQDC) is reportedly entering the Indian real estate market. An official of MQDC….

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IIFL Wealth to acquire L&T Capital Markets Ltd:  The wealth management business of IIFL group, IIFL Wealth yesterday entered into a definitive agreement to acquire cent per cent equity shares in….

Motilal Oswal’s real estate equity firm investments Rs 525 crore via seven exits: Through its India Realty Excellence Fund (IREF) II and III, the real estate private equity subsidiary of Motilal Oswal Group, Motilal Oswal Real Estate made….

Global Institute of Sports Business, India announces strategic affiliation with Indo-German Chamber of Commerce: GISB (The Global Institute of Sports Business) has recently announced a strategic affiliation with the Indo-German Chamber of Commerce….

India’s corporate sector likely to witness some relief in tax policyAs per the report of a panel set up by the government to review the Direct Tax Code (DTC), India is likely to witness the much-awaited changes in its….

Godrej managed office platform to receive an investment of $150 million by Allianz Real EstateAs a part of its expansion plan in India, Munich Based Allianz SE’s subsidiary, Allianz Real Estate on Tuesday said that it has committed $150 million in a Godrej Group….

Amazon inaugurates its world largest campus in HyderabadOn Wednesday, the world’s largest e-commerce Amazon, inaugurated its largest campus in Hyderabad. The campus is a prodigy of exceptional….

Digital Health Technology and the revolutionising Indian healthcare sectorThe recent report by Royal Philips indicates that India is adopting digital health technology with great acceleration. The report claims that almost 76% of….

US based Elanco will acquire Bayer veterinary arm for $7.6 billionOn Tuesday, Bayer AG announced that the US-based Elanco Animal Health has agreed to take over its Animal Health business. The transaction….

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Renault India: Global launch of Triber on August 28: Renault India, the French automobile joint, is all set to introduce three new vehicles, including an electric vehicle by 2022. Venkatram Mamillapalle….

Naspers to buy stake in online fantasy gaming startup, Dream11: Nasper’s Ltd, a South Africa based firm, is planning to buy a stake of about $100 million in online fantasy gaming startup….

Emami planning a larger pie in light hair oil category: Following its aggressive marketing strategy, Emami is planning to change the seven in one oil to a Rs. 200 crore product within….

Three startups which are making the human collaboration with technology better: Active collaborations between humans and technology are giving extraordinary and unusual results. The idea of co-existence….

Flipkart continues to affect Walmart’s gross profit marginsIn the second quarter of the FY20, the international unit of Walmart saw around 30% fall to $900 million in its operating profits….

Reliance and Microsoft to come together for cloud infrastructure: In the 42nd annual general meeting (AGM) held recently, Mukesh Ambani, chairman of Reliance Industries announced that….

Reliance all set to pave path for Tiffany in IndiaThe iconic American jeweller Tiffany that is well known for its amazing diamond rings is planning to open its first store in Delhi….

Flipkart all set to launch online store in Mumbai: Flipkart is planning to expand its services in Mumbai by launching its first online grocery superstore. The firm plans to include tier I….

DBS Bank India comeback: To focus more on SME and consumer businessDBS Bank has decided to focus more on SME and consumer business and is looking at tripling its balance sheet in the….

All set to double smartphone manufacturing in India by 2020: OPPO: Chinese smartphone giant, OPPO said it is about to complete the first phase of its manufacturing unit in Greater Noida. Company is….

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International flights to Europe and Australia to be launched in 2020: VistaraThe joint venture between Tata Sons Ltd and Singapore Airlines, Vistara is all set to launch its international flights to….

IRCON’S order proves to be a blessing for Jindal Steel: After the successful execution of a supply of nearly 1,26,604 tonnes of rails to Indian Railways, Jindal Steel & Power went up 1.69% to….

RBL Bank and Practo collab: Mastercard backed India’s first health-focussed credit card launchedRBL Bank and India’s digital healthcare platform – Practo, have partnered to launch India’s first health-focused credit card, powered….

Shareholders reapprove appointment of Chandrasekaran as TATA Motors CEO: TATA Motors announced on Tuesday, 30 July 2019 that its shareholders have approved the re-appointment of N Chandrasekaran as….

RIL and BP come together, aim to establish 5,500 petrol pumps in 5 yearsBuilding partnership to expand existing network of fuel, British Petroleum(BP) and Reliance Industries Limited (RIL) have initiated a joint….

Berger explores acquisition in Russia: As discussed in a general meeting on Monday, August 6, Berger Paints is evaluating inorganic growth in the country while continuing….

IndiGo all set to start daily flights to VietnamVietnam to become the fifth South – East Asian country to enter the network of IndiGo Airlines. The other countries in the network are….

Capa Affirms The Interest Of Private Players In Second Attempt Of Air India Divestment: According to aviation consulting firm, CAPA (Centre for Asia Pacific Aviation), many private players are showing strong interest in…. the

Roca ware to place India upfront in its global strategy: Roca group, a Spanish sanitaryware and bathroom firm, recently announced that India will play an important role in its global strategy in the….

Amazon’s Online Food Service to Launch soon: Ahead of India’s month-long festive season, starting September, Amazon is planning to start its own food delivery service. The food industry….

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GoDaddy: Indian SMBs keen to improve online presence: In the digital age of today’s world, it is significant for Indian small and medium-sized businesses (SMBs) to shift their focus towards developing a strong….

India bags 4th position in Business Optimism: According to a recent survey, Indian economic growth could be headed towards a surge as a whopping 64 per cent of corporates are optimistic….

PepsiCo all set to develop its Agri-food industry in India: PepsiCo is all set to establish a mega food manufacturing plant in Uttar Pradesh, aimed to scale-up the agri-food business in India. “PepsiCo in India remains Committed to sustainably scaling ….

GST rate reduction on Electric Vehicles to be effective from 1st August: Government’s recent move to promote eco- friendly transportation system in India to sustain effects of climate change.At a recent meeting….

Amazon enters real estate market, collabs with Realogy: Amazon reportedly partnered with America’s biggest residential real estate broker Realogy, making its entrance in the real estate market. Under the Turnkey….

Hyundai to invest $200 million in India for e-vehicles:
Hyundai Motors recently launched India’s first long range SUV e-car Kona. The company in a statement said that it is planning to invest $200 million in developing….

Dr. Bubbles to spread boundaries nationwide: After a visit to the South-eastern regions in August 2015, Mr. Sarkar launched his bubble tea brand along with his wife, Nafisa Sarkar. Driven by rising demand for non-alcoholic and non-carbonated drinks in India….

WhatsApp’s to launch its payment service soon: Will Cathcart, Global Head of WhatsApp recently announced that they are all set to launch their UPI-based Pay service for over 300 million users in India this year.

Motorola to incline its focus towards growing business online :  After having seen some rough times in the recent years in the Indian market, Motorola, Lenovo owned handset major, is now increasing its focus on growing its market online, a key official of the company said….

Patanjali Ayurveda all set for acquisition of Ruchi Soya: Patanjali is all set to become a major player in soybean oils and other products. Earlier this month Patanjali Ayurveda, the leading packaged consumer goods major, won Rs 4,325 crore approval to take over Ruchi Soya, a media report said….

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Sameer Singh appointed as Vice President of ByteDance India:  Beijing ByteDance Technology Co Ltd (ByteDance), the well-known Chinese Internet technology company operating a number of machine learning-enabled content platforms and the owner of TikTok app….

Whats app informed about “Security Breach” on its platform: WhatsApp reported that their users might be vulnerable to having malicious spyware installed on phones without their permission and suggested by Facebook’s WhatsApp to update….

Triumph India announces its entry into pre-owned Motorcycle Business: Leading British brand Triumph Motorcycles, India, is all geared to enter the pre-owned motorcycle business this year. The company will be mainly focusing on selling Triumph motorcycles….

Paytm Mall to expand its back-end tech team, for Rs 10,000 crore business: Paytm Mall, the online marketplace firm of Vijay Shekhar Sharma-led One97 Communications, is all geared for a comeback and is looking forward to expand ….

ACSG Corp. ties-up with Asia’s Leading Border Guarding Force: ACSG Corp., a Delhi-based leading critical infrastructure security company serving law enforcement bodies across the country, successfully bags a tender with Asia’s leading Border guarding….

Neogen Chemicals to float their IPO with SEBI’s green signal: Recently receiving a heads up from SEBI, specialty chemical maker Neogen Chemicals Ltd is all set to float an initial public offering (IPO). The offer consists of a fresh issue…

Naveen Kumar, Munirah Looi sign M&A for joint GBS venture:Naveen Kumar, founder and CEO of Nityo Infotech, an US-headquartered IT Services Company, entered in a joint venture with Munirah Looi, the founder and CEO….

Amway India implements new strategies, launches Glister Herbals toothpaste: The home-grown US based, fast moving consumer goods company Amway’s India division, Amway India has forayed into the oral healthcare segment with their globally….

 

 

Comment List

  • Anoop Bhadwaj 10 / 10 / 2019 Reply

    This has became very common in last few years that the company like jet airways, ruchi soya etc have turned down in a very shocking way. And now we are hearing about oberoi going to exit from catering and flight service. It seems like the these few years are not favoring some of these businesses.

     
  • Ridhima gupta 01 / 10 / 2019 Reply

    This really good to listen or read ghat invetsment in india by foriegn companies is good for our countries growth. But can anyone tell me wheather it wil benefit us for long run? Or we need to promote our inhouse companies more than this.

     
  • Mohit Raghav 27 / 09 / 2019 Reply

    I dont think so, manufacturing in india wouldnt make iphone products cheaper.

     
  • Anita prashad 27 / 09 / 2019 Reply

    I am very happy to find this site for latest business news updates in india. Quite easy to read and quick.

     
  • Raju hardev 25 / 09 / 2019 Reply

    Good source of information. This separates a lot of clutters which we see in a news site unnecessary advertisements. I like the way this site presents latest business news in india.

     
  • Preeti vashist 24 / 09 / 2019 Reply

    I think this website doesnt cover all business news in india.

     
  • Prakash damodar 23 / 09 / 2019 Reply

    A very nice source of instant news updates. I really enjoy reading this quick headlines of latest business news in india. I am working in a market share company and i really need to be get updated with latest business updates. I was looking for such site so i found one as newshour press. As per me its better than inshorts. Amazing.

     
  • Ritu Vishwkarma 23 / 09 / 2019 Reply

    iPhone manufacturing in India ! really good news for us. Then can we get iphones at lowest proces 😉

     
  • Ankit Dhiman 26 / 07 / 2019 Reply

    Good and informative news piece. I was looking for latest business news in india and found everything at this portal. I never heard about it.

     

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