In a significant development, Bengaluru-based mobile ads firm InMobi said it would be acquiring California-based startup AerServ for $90 million.
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19th Mar 2019 | Updated at 06:40pm 19th Mar 2019
Banks, govt fund to own 51% in restructured Jet
Restructured Jet Airways will effectively be a 51 per cent government fund and PSU banks-owned. Sources said SBI-led lenders will convert £60 million loan into equity at Re 1, which will take their stake to 32 per cent
Deal to sell assets to Jio has failed, Anil Ambani tells SC
Approximately 13 months after Anil Ambani announced the sale of his debt-ridden Reliance Communications' telecom assets to elder brother Mukesh's Reliance Jio for an estimated £2.3 billion, he has revealed the deal fell through despite its best...
The direct tax collection by the government of India has jumped by 18.2 per cent during the first nine months of current fiscal at £65.6 billion.
Tata Consultancy Services (TCS), India’s largest software services exporter by revenue, said it signed a multi-year deal worth more than $2 billion with Transamerica to transform the life insurer’s US insurance and annuity business lines.
Indian Minister for Commerce and Industry, Shri Suresh Prabhu, met met on January 11th with the International Trade Secretary, Dr Liam Fox, to discuss greater cooperation between the two countries and identify barriers to trade and investment...
Global hedge funds and asset management companies are making a cautious return to India's resurgent start up ecosystem, 18 months after they pulled back...
A monthly survey said that activity of the services sector in India expanded for the first time in three months in September as it rebounded from GST-related contractions, driven by a surge in new business orders that supported job creation
The Reserve Bank of India kept key rates on hold, while reducing its growth forecast for the fiscal year ending March 2018 to 6.7% from 7.3%.
Indian Finance Ministry's principal economic advisor Sanjeev Sanyal said the country would have 10-15 public sector banks with government's majority stake, down from 21 at present as part of its plan to consolidate banks
As informed by the UK's Crown Prosecution Service (CPS), embattled Indian liquor baron Vijay Mallya was granted immediate bail following his arrest in London on Tuesday, in a second money laundering case filed by the Indian Enforcement Directorate
Air India will get a loan of £600 million to meet its expenses before it is being sold off.
