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Uber hires ex-Facebook exec Namit Jain to lead core platform in India
Ride-hailing company Uber has announced that it has hired Namit Jain, as a new Senior Director, Engineering, to lead its ......
Infrastructure
PE-backed Pristine Logistics files for IPO worth Rs 250 cr, BII to exit partially
Delhi-based Pristine Logistics & Infraprojects Ltd (Pristine), has filed its draft papers with markets regulator Securities and Exchange Board of ......
Manufacturing
M&M may demerge auto business into 3 units – report
In a major restructuring move, auto-to-tech conglomerate Mahindra & Mahindra is likely to separate its automotive business into 3 parts, ......
TMT
Delhivery reduces IPO issue size by 30%; Softbank, Carlyle cut OFS portions
Logistics unicorn Delhivery has pruned its initial public offering (IPO) by around 30% to Rs 5,235 crore ($686 million) from ......
Finance
Coinbase takes loan from Goldman Sachs using Bitcoin as collateral, report
Leading crypto exchange Coinbase, which started trading services in India last month, has taken out a loan from Goldman Sachs ......
Infrastructure
HDFC Capital invests Rs 400 cr in realty developer Signature Global
Affordable housing developer Signature Global has raised Rs 400 crore from existing investor HDFC Capital Affordable Real Estate Fund 3 ......
Infrastructure
Adani Ports acquires 100% stake in marine services company Ocean Sparkle
Adani Ports and Special Economic Zone Ltd (APSEZ) through its subsidiary, The Adani Harbour Services Ltd (TAHSL), has entered into ......
Consumer
BigBasket expands quick commerce to scale up 10-20 minutes delivery
Joining the competition with the likes of Swiggy, Dunzo, Blinkit & Zepto, Tata Group-owned BigBasket is rapidly scaling up the quick commerce ......
TMT
KuCoin-backed firms launch $100 mn fund for early-stage NFT projects
KuCoin, a crypto trading platform, on Tuesday announced that its venture capital arm KuCoin Ventures and its NFT marketplace, Windvane, ......
People
Fintech, crypto boom drive hiring in BFSI sector: Report
The rapid adoption of digital payments and the use of emerging technologies like blockchain, AI and ML have to a ......