India, Sept. 13 -- FMCG major Marico is acquiring an additional 46.02% stake in HW Wellness Solutions, the parent of omnichannel healthy snacks startup True Elements, to increase its shareholding to 1... Read More
India, Sept. 13 -- In a bid to ease the listing process for large companies, markets regulator SEBI has revised minimum public shareholding (MPS) norms for companies with a post-issue market capitalis... Read More
India, Sept. 13 -- International Finance Corporation (IFC), the private investment arm of the World Bank, has said that it is investing $37 Mn (INR 326.6 Cr) in Eversource Capital-backed shared electr... Read More
India, Sept. 13 -- Flipkart Internet, the ecommerce major's marketplace arm, crossed the INR 20,000 Cr revenue mark in FY25. The company's operating revenue rose 14.4% to INR 20,493 Cr in the fiscal u... Read More
India, Sept. 13 -- After showing some signs of recovery in the first week of September, Indian startup funding took a major hit this week. Indian startups raised a mere $47.8 Mn across 18 funding deal... Read More
India, Sept. 12 -- Continuing the momentum of the previous two days, Urban Company's IPO was oversubscribed 15.3X at 11:09 on the last day of bidding today. The issue received bids for 164 Cr shares a... Read More
India, Sept. 12 -- The Karnataka High Court (HC) has reportedly directed the state's commercial taxes department to refund INR 16.11 Cr to Flipkart India. The ecommerce giant had paid the amount as pa... Read More
India, Sept. 12 -- Renewable energy minister Pralhad Joshi announced a new INR 100 Cr R&D scheme to back "innovative" green hydrogen startups. Addressing the maiden green hydrogen R&D Conference, Jos... Read More
India, Sept. 12 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of INR 21 Lakh on IPO-bound PhonePe Limited for violating norms related to Prepaid Payment Instruments (PPIs). "The p... Read More
India, Sept. 12 -- A day after FirstCry announced further investment in GlobalBees, the rollup subsidiary announced an investment of INR 8.9 Cr in its portfolio brand HealthyHey Foods. With this, Glob... Read More