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Alt Mobility raises $10 million from Eurazeo, other investors

Alt Mobility raises $10 million from Eurazeo, other investors

Wed, Nov 27, 2024

Commercial EV leasing and asset management firm Alt Mobility on Wednesday said it has secured $10 million funding in a Series A round led by European VC and PE funds and existing investor, Eurazeo.

Government provides fund to 28 innovators for addressing sharp volatility in retail prices of tomato

Government provides fund to 28 innovators for addressing sharp volatility in retail prices of tomato

Fri, Nov 22, 2024

To address sharp volatility in retail prices of tomato, the Centre has provided funds to 28 innovators under a 'Tomato Grand Challenge' hackathon for improving supply chain as well as processing levels.

SBI raises Rs 10,000 crore through infra bond issuance

SBI raises Rs 10,000 crore through infra bond issuance

Mon, Nov 18, 2024

Country's largest lender State Bank of India on Monday said it has raised Rs 10,000 crore through its seventh infrastructure bond issuance.

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India to tax capital gains of Singapore investors in amended treaty

India to tax capital gains of Singapore investors in amended treaty

Fri, Dec 30, 2016

In this amended treaty signed today Singaporean investors will no longer benefit from tax exemptions on capital gains taxes.

India Inc seals $52 billion M&As in 2016; eyes bigger deals in 2017

India Inc seals $52 billion M&As in 2016; eyes bigger deals in 2017

Thu, Dec 22, 2016

"The M&A activity in 2017 is expected to stay positive owing to continued interest of financial and strategic investors in the Indian economy. Sectors like technology, life sciences and financial services are expected to attract significant investor attention in 2017," said Ajay Arora, Partner, Transaction Advisory Services, EY.

Rupert Murdoch's Fox acquires Sky stake for nearly $15 billion

Rupert Murdoch's Fox acquires Sky stake for nearly $15 billion

Thu, Dec 15, 2016

Forx acquired the remaining stake for a 40% premium to the closing price.

Our bitcoin turnover is over Rs 500 crore, says Sandeep Goenka of Zebpay

Our bitcoin turnover is over Rs 500 crore, says Sandeep Goenka of Zebpay

Thu, Dec 08, 2016

Goenka says that there has been a sudden interest for bitcoins ever since demonetisation. He explains how the digital asset can be used by investors.

Droom in talks with investors to raise $50 million in 2017

Droom in talks with investors to raise $50 million in 2017

Wed, Nov 30, 2016

The company is targeting an annualised sales gross merchandise value (GVM) of Rs 2,500-3,000 crore from about Rs 1,500 crore by March 2017.

Sebi eases norms for angel funds to boost investment in start-ups

Sebi eases norms for angel funds to boost investment in start-ups

Wed, Nov 23, 2016

Some of the norms that it has eased for angel investors include the reducing the lock in period and smaller investment amounts in start-ups.

Mutual Funds folio rises by 36 lakh investors this fiscal tallying it to 5.13 crore

Mutual Funds folio rises by 36 lakh investors this fiscal tallying it to 5.13 crore

Mon, Nov 14, 2016

Driven by addition in equity fund folios, mutual fund (MF) houses have registered a surge of more than 36 lakh investor accounts in the first seven months of the current fiscal, taking the total tally to 5.13 crore.

Mergers and acquisitions take centre-stage as funding for start-ups dries up

Mergers and acquisitions take centre-stage as funding for start-ups dries up

Wed, Oct 12, 2016

Funding (disclosed) to start-ups in September has declined by 127% on a month-on-month basis and 82% on an year-on-year basis in September alone.

Are investors giving Indian start-ups a second chance?

Are investors giving Indian start-ups a second chance?

Mon, Sep 12, 2016

In August 2015 the investment towards start-ups was nearly $900 million and the number of start-ups funded were 90.

Supreme Court asks Sahara to disclose source of Rs 23,000 crore in refunds to investors

Supreme Court asks Sahara to disclose source of Rs 23,000 crore in refunds to investors

Fri, Sep 02, 2016

The apex court also asked the Securities Exchange Board of India (SEBI) to look into the Sahara deal on Grosvenor House hotel, London sale and investigate if anything is amiss.

AskMe.com latest e-tailer to shut shop; lays off over 4,000 employees

AskMe.com latest e-tailer to shut shop; lays off over 4,000 employees

Fri, Aug 19, 2016

A severe cash crunch in the company

Profit-taking saps equity markets

Profit-taking saps equity markets

Wed, Aug 10, 2016

Most of the world`s main stock markets ran into profit-taking Wednesday prompted by weak data, mixed earnings and a sliding dollar, but London hung on by a thread.

Sebi brings in "acche din" for REITS

Sebi brings in "acche din" for REITS

Tue, Jul 19, 2016

Sebi has tried to make REITs more attractive to investors and real estate companies. The guidelines show that Sebi has focused on under-construction properties, special purpose vehicle (SPV), hotels, hospitals and convention centres and related party transactions.

Rivals Uber, Didi backing by same investors raise eyebrows

Rivals Uber, Didi backing by same investors raise eyebrows

Fri, Jun 17, 2016

"It's very unusual to allow the same parties to invest and get information rights of sworn mortal enemies," said Max Wolff, chief economist at Manhattan Venture Partners.

Sebi pitches India to Silicon Valley investors

Sebi pitches India to Silicon Valley investors

Fri, Jun 03, 2016

U.K. Sinha, chairman of the Securities and Exchange Board of India (SEBI), said improved regulations make it much easier for investors in the country`s over-4,000 technology startups to eventually cash out through initial public offers in Asia`s third-largest economy.

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