Exclusive

Publication

Byline

ChrysCapital bets Rs.1,100 cr on ILJIN Electronics as India's EMS market surges

New Delhi, Sept. 8 -- ILJIN Electronics (India) Pvt Ltd, a subsidiary of Amber Group, has raised Rs.1,200 crore from ChrysCapital and InCred Growth Partners to scale operations, strengthen technology,... Read More


18% GST to squeeze logistics firms, hit gig workers, raise consumer costs

New Delhi, Sept. 7 -- The government's decision to impose 18% goods and services tax (GST) on delivery services is set to squeeze margins across India's logistics ecosystem-from IPO-bound Porter and U... Read More


IPO alert: Urban Company, boAt secure Sebi approval for listings

New Delhi, Sept. 2 -- Home services marketplace Urban Company and wearables brand boAt have received approval from the Securities and Exchange Board of India (Sebi) for their stock market debut. The ... Read More


Urban Company, boAt secure Sebi approval for IPOs

New Delhi, Sept. 2 -- Home services marketplace Urban Company and wearables brand boAt have received approval from the Securities and Exchange Board of India (Sebi) for their stock market debut. The ... Read More


DIAL bets on Rs.5,000-crore Cargo City to drive 25% of its revenue

New Delhi, Aug. 31 -- Delhi International Airport Ltd (DIAL) expects GMR Airports Ltd's planned Cargo City at Delhi airport to deliver 25% of its revenue, said two people directly aware of the matter.... Read More


Groww secures Sebi nod for up to $1 billion IPO amid retail trading headwinds

New Delhi, Aug. 28 -- Stock-broking app Groww has received the market regulator's approval to raise $800 million to $1 billion in an initial public offering of shares, two people said. The Bengaluru-... Read More


Groww secures Sebi nod for up to $1 billion IPO amid headwinds in retail trading

New Delhi, Aug. 28 -- Stock-broking app Groww has received the market regulator's approval to raise $800 million to $1 billion in an initial public offering of shares, two people said. The Bengaluru-... Read More


Flipkart under preliminary tax probe for allegedly recasting marketplace fees as transport charges

New Delhi, Aug. 27 -- Flipkart is under preliminary investigation over allegations that the Walmart-owned online marketplace altered its billing structure in a way that could reduce its goods and serv... Read More


Rapido's bike-taxi empire is under fire. Its bet: biryani, cabs and credit

New Delhi, Aug. 26 -- These days, Rajesh, who used to be a bike-taxi rider with Rapido, no longer ferries passengers across Bengaluru. With the two-wheeler service being declared illegal, he like othe... Read More


Blinkit execs cash in after Eternal's Q1 results

New Delhi, Aug. 22 -- Eternal executives moved quickly after Q1 results, first exercising stock options in bulk and then pledging and selling chunks of that stock just two weeks later. Just a week af... Read More