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Morgan Stanley Institutional Fund Trust, one of the mutual fund investors in Flipkart, has marked down its estimate of the company’s valuation for the third consecut...(read full article)

Coal India's board has approved signing of a pact with African Exploration Mining & Finance Corporation SOC Ltd (AEMFC), owned by the South African government, for acq...(read full article)

Gurgaon-based One MobiKwik Systems Pvt. Ltd, which owns and operates the virtual wallet MobiKwik, said that Nasdaq-listed firm Net1 will invest $40 million in the company,...(read full article)

Road developer IL&FS Transportation Networks Ltd (ITNL) said it has agreed to sell a road project in Andhra Pradesh to Cube Highways and Infrastructure Pte. Ltd, a joi...(read full article)

Jasper Infotech Pvt. Ltd, which runs e-commerce firm Snapdeal, has received more than $21 million as part of its previously announced funding round from Luxembourg-based f...(read full article)

Nava Bharat Ventures Ltd has informed the BSE  that Nava Bharat (Singapore) Pte Ltd (NBS) has exited from the Laos hydro power project by entering into an agreement w...(read full article)

Online classifieds portal Quikr India Pvt. Ltd has acquired on-demand beauty and wellness service provider Zapluk (ZapForce Technologies Pvt. Ltd) for an undisclosed amoun...(read full article)

Car rental start-up Zoomcar has raised $24 million in a Series B funding round led by Ford Smart Mobility Llc, a unit of Ford Motor Co., the firm said in a statement on We...(read full article)

Tata Group chairman Cyrus Mistry indicated that Tata Global Beverages might sell its loss-making Chinese subsidiary. “For China, we are exploring different options w...(read full article)

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