FirstCry parent files IPO papers; to raise Rs 1,816 crore via sale of new shares
NEW DELHI: Brainbees Solutions, the parent company of omni-channel retailer FirstCry has filed draft initial public offering (IPO) papers with market regulator Securities and Exchange Board of India ( ...
Flipkart’s B2C arm, FirstCry post steep losses in FY23, revenues expand
NEW DELHI: India’s new age tech companies continue to remain deep in the red. Walmart owned e-commerce major Flipkart posted net losses of over Rs 4,000 crore in FY23. Data sourced from market intelli ...
Jaishankar’s Russia visit: India inks pacts with “special partner” on more power units of Kudankulam nuclear plant
India and Russia have signed important agreements related to the construction of future power generating units at the Kudankulam nuclear power plant in Tamil Nadu. External Affairs Minister S Jaishank ...
In a first, India pays in rupees for crude oil purchased from UAE
NEW DELHI: India’s first-ever payment in rupees for crude oil purchased from the UAE is helping the world’s third largest energy consumer push for taking the local currency global, as it looks for sim ...
Green shoots visible on corporate lending side: Kotak Mahindra Bank director Shanti Ekambaram
NEW DELHI: Green shoots are beginning to become visible as far as investment cycle is concerned led by government spending in the infrastructure sector, Kotak Mahindra Bank whole-time director Shanti ...
Infosys loses $1.5 billion deal on AI solutions with global firm
Infosys, the IT services giant, has said that a $1.5 billion agreement with an undisclosed global company has been terminated. The deal focused on artificial intelligence (AI) solutions. Signed in Sep ...