Staff Writer
TMT
Oyo to layoff 600 execs across technology teams, hire 250 for sales
Oyo plans to lay off 600 executives across its technology and product teams as it shuts down projects and merges ......
Consumer
US firm Perfect Day to invest in Sterling Biotech under bankruptcy; to invest 1.5x more
Perfect Day, a US-based food technology startup that acquired Gujarat-based Sterling Biotech through the liquidation process under the bankruptcy process, ......
Consumer
Alibaba sells 3% stake in Zomato
Alipay Singapore, an arm of Alibaba Group Holding Ltd, sold 3.07% stake in online food delivery giant Zomato for ₹1,631 ......
Consumer
Temasek buys stake in Zomato, Alibaba sells
Singapore state-owned investment company Temasek through its wholly-owned subsidiary Camas Investments Pte has picked-up stake in Zomato on Wednesday, November ......
TMT
Byju's tops list of largest companies funded by VC, PE companies
Edtech major Byju's, with value of ₹47,680 crore, has topped the list of most valuable companies that attracted Private equity ......
Consumer
Online marketplaces' GMV to hit $350 bn by 2027: Report
India’s online marketplaces will record a combined gross merchandise value (GMV) of over $350 billion by 2027, a joint report ......
TMT
Tata in talks to acquire Wistron's India unit: Report
Tata Group is in discussions with Taipei's Wistron Corp, one of Apple Inc's top vendors in India, to buy its ......
Healthcare
Biocon concludes Viatris' $3 bn acquisition
Biosimilars manufacturing arm of Biocon Ltd, Biocon Biologics, on Tuesday announced completion of acquisition of Viatris' global biosimilars business for ......
Consumer
Tatas and Singapore Air to merge Air India and Vistara
Singapore Airlines and Tata Sons (Tata) will merge national carrier Air India and full-service airline Vistara by March 2024, SIA ......
People
'India will see significant economic activity over next decade'
Tech industry veteran Nandan Nilekani on Tuesday said India will witness "significant economic activity" over the next 10 years on ......