Samsung Electronics is to pay CNY 3 billion ($450 million or roughly Rs. 3,022 crores) for a stake in Chinese automaker and rechargeable batteries firm BYD Co Ltd, the Chinese company said in a stock […]
Ibibo Group-owned redBus has bought a majority stake in Peru-based bus ticketing platform Busportal for an undisclosed amount, a move that will help the Indian entity foray into the Latin American market. redBus, which also […]
New Delhi: After stitching a deal to Promote 49 in step with cent stake in Essar Oil to Russia’s Rosneft, the Ruia circle of relatives is calling at promoting Any other 25 in keeping with […]
New Delhi: Singapore-based totally IT agency Techwave has released an open provide to collect a 26consistent with cent stake in digital chip design company Moschip Semiconductor technology forapproximately Rs 20.7 crore. IIFL Holdings restricted, which […]
Tiger global management, the largest investor in Indian e-trade giant Flipkart, has decreased its stake in US rival Amazon by way of about two–third within the January-March 2016 area. The hedge fund has reduce its […]
India on Wednesday approved top telecom towers company ATC Asia Pacific to acquire majority stake in Viom Networks for Rs. 5,856.51 crores. “The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has […]
Verizon Communications Inc said it agreed to buy a 24.5 percent stake in AwesomenessTV, whose YouTube channels are among the most popular on the video site, for about $160 million (roughly Rs. 1,063 crores). AwesomenessTV, […]
The US government calls it a “vicious guard dog” that hurts national security. Apple says it’s critical to protecting consumer privacy against increasingly sophisticated hackers. As the debate over built-in iPhone encryption has deadlocked in […]
The RBI said it would clarify certain other issues that are permissible under current rules. Photo: Ramesh Pathania/Mint Mumbai: The Reserve Bank of India (RBI) allowed overseas investors to sell their stakes in Indian start-ups […]
Jack Ma, founder of Alibaba Group. If the Flipkart-Alibaba deal goes through, it will make Alibaba one of the three most important investors in India, along with Tiger Global Management and Japan’s SoftBank Group. Photo: […]