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Paytm to shut Canada B2C app amid eroding market capitalisation

Finance

14 January, 2022

Paytm to shut Canada B2C app amid eroding market capitalisation

One97 Communications Ltd, parent of online mobile payments firm Paytm, which has seen its market capitalisation erode since its public debut in November, will be shutting down its business-to-consumer (B2C) mobile ......

Paytm's Vijay Shekhar Sharma's wealth erodes by $781 mn in two sessions

People

22 November, 2021

Paytm's Vijay Shekhar Sharma's wealth erodes by $781 mn in two sessions

Vijay Shekhar Sharma's wealth eroded over $781 million in two sessions after One97 Communications Ltd, the parent company which owns ......

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How the lights dimmed for Blackstone-backed Hindustan Powerprojects

Infrastructure

02 July, 2020

How the lights dimmed for Blackstone-backed Hindustan Powerprojects

Not every entrepreneur gets a second shot at making it big. But Ratul Puri was luckier than most. Not only did ......

Grapevine: CDPQ to buy roads from GIP; KKR, others may bid for Emami cement unit

General

16 October, 2019

Grapevine: CDPQ to buy roads from GIP; KKR, others may bid for Emami cement unit

Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) has agreed to buy road platform Highway Concessions One ......

ATC set to buy out Tata Teleservices from telecom tower arm

Infrastructure

25 April, 2019

ATC set to buy out Tata Teleservices from telecom tower arm

American Tower Corp (ATC) is in talks with Tata Teleservices Ltd to acquire its remaining 13% stake in ATC Telecom ......

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Policy Tracker: India laying highways at a rapid pace, but are investors enthused?

Infrastructure

25 February, 2019

Policy Tracker: India laying highways at a rapid pace, but are investors enthused?

While delivering his interim Budget speech earlier this month, Piyush Goyal called India the world’s fastest-growing highway developer. The then ......

Brookfield, KKR eye IL&FS green energy assets; Bharti Airtel may buy Telkom Kenya

General

15 January, 2019

Brookfield, KKR eye IL&FS green energy assets; Bharti Airtel may buy Telkom Kenya

Debt-laden Infrastructure Leasing & Financial Services Ltd (IL&FS) has drawn interest from as many as 15 large investment firms for ......

Avantha set to sell agrochemicals unit; Statkraft eyes IL&FS' green energy assets

General

29 November, 2018

Avantha set to sell agrochemicals unit; Statkraft eyes IL&FS' green energy assets

Gautam Thapar-led Avantha Group is likely to sell agrochemicals unit Solaris ChemTech to Agrocel Industries, part of Shroff Group of ......

India's first big-ticket TOT auction shows PE investors' appetite for roads

Infrastructure

06 March, 2018

India's first big-ticket TOT auction shows PE investors' appetite for roads

The National Highways Authority of India's toll-operate-transfer (TOT) auction that concluded last week showed that investor appetite for the country's ......

Alibaba eyes minority stake in Dailyhunt; Brookfield, Macquarie bid for highways

General

23 February, 2018

Alibaba eyes minority stake in Dailyhunt; Brookfield, Macquarie bid for highways

Chinese e-tailing giant Alibaba group may be in talks to pick up a 10-12% stake in Ver Se’ Innovation Pvt. ......