NEW DELHI | MUMBAI: SoftBank is set to invest $400 million for an over 40% stake in BrainBees Solutions, which…
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Reid & Taylor case: NCLT accepts Rs 2 crore as earnest money deposit from CFM Asset Reconstruction Company
MUMBAI: The National Company Law Tribunal (NCLT) Thursday accepted a Rs 2 crore demand draft as earnest money deposit (EMD)…
Angel Tax sops may not apply to all startups: DIPP
MUMBAI: Benefits of the changes notified by the Department of Industrial Policy and Promotion (DIPP) on the so-called angel tax…
Facebook brings India on par with Menlo Park
Mumbai: Facebook, in a major overhaul of business structure, has carved out India as a separate region with a six-member board…
NCLT asks RTIL investor amount it can deposit as earnest money
MUMBAI: The National Company Law Tribunal (NCLT) has asked SP Growth Partners (SPGP), an investor in the bankrupt premium apparel…
Strong case to revisit ‘restrictive’ FDI retail policy: Report
Mumbai: Domestic ratings agency Icra has said there is a “compelling case” to revisit the “restrictive” retail foreign direct investment…
Existing investors plan $100-m pep pill for Pepperfry
MUMBAI: Goldman Sachs PE, Norwest Venture Partners and Bertelsmann India Investments may invest $100 million in branded furniture etailer Pepperfry,…
PNB scam: CBI may send team to Antigua and Barbuda for Mehul Choksi
Mumbai: The Central Bureau of Investigation (CBI), one of the central agencies investigating the alleged Rs 13,578-crore Punjab National Bank…
Samsung gets a leg-up in the Xiaomi battle
Mumbai: Tightening of the FDI policy in ecommerce could help Samsung wrest India’s top smartphone slot from Xiaomi because the…
Sensex, Nifty surge 1% on positive global cues
Mumbai: Indian markets on Thursday jumped nearly 1% following a rally in global stocks on a report that US-China trade…