Zomato’s Global Finance Head Hemal Jain to Exit Amid Challenges
Hemal Jain, the Global Finance Head of Zomato, the massive food delivery and restaurant aggregator, is scheduled to leave the...
LG Energy Solution and JSW Energy Plan $1.5 Billion Battery Joint Venture in India
India's JSW Energy and South Korea's LG Energy Solution (LGES) are preparing for a revolutionary partnership to produce batteries for...
Blackstone-Led Consortium Nears Deal for Minority Stake in Haldiram
Blackstone Takes the Lead in Landmark Deal A group led by Blackstone Inc. is reportedly the highest bidder for a...
US firms accused in Indian bribery scandals pay over $200 Mn in penalty to SEC
According to a recent investigation, U.S.-based organizations are involved in bribery scandals involving Indian government officials, severely highlighting the unethical...
Swiggy Stock Hits Record High After Axis Capital’s ‘Buy’ Call
Axis Capital's optimistic assessment of the massive food delivery and quick-commerce company propelled Swiggy's share price to a new all-time...
Mukesh Ambani and Gautam Adani Exit Bloomberg’s $100 Bn Club
Two of India’s richest billionaires, Mukesh Ambani and Gautam Adani, have exited Bloomberg's coveted $100 billion club in 2024, marking...
Switzerland Suspends MFN Status for India Citing Supreme Court Nestle Ruling
In a surprising turn of events, Switzerland has decided to suspend the application of the Most Favoured Nation (MFN) clause...
Weekly Business Updates: Everything from Zomato GST demand to PayPay stake sale
Paytm Realigns Strategy with PayPay Stake Sale In a major strategic move, One97 Communications, the parent company of Paytm, sold...
Weekly Startup Funding News: Indian startups raised $635 Mn this week; from CarDekho to FinX
With 25 deals raising an astounding $635.8 million, the Indian startup ecosystem has had an exciting week. As 2024 draws...
Paytm sells 5.4% stake in PayPay to Softbank for $280 Mn
One97 Communications, the parent company of Paytm, has sold a 5.4% share in Japan's digital payments network PayPay Corp. for...