SAIF Partners is reportedly in talks with investors to raise ₹2500 crores for an India Specific Fund. The VC firm is an early investor in MakeMyTrip and Paytm.
Micro lending financing firm for SMEs, Aye Finance has raised ₹20 crores from State Bank of India as debt funding.
Bharti Airtel has recorded a drop of over 70% in revenue for the last quarter of 2016-17. Compared to ₹504 crores in Q3, Airtel made a profit of ₹373 crores in Q4.
Supreme Court of India has held Vijay Mallya guilty of contempt of court for not disclosing his assets properly and asked to appear him before court on July 10.
Election Commission rubbished AAP's claims and stated that any lookalike machine can not be compared to EC's EVMs used in the elections.
AAP MLA Saurabh Bharadwaj, demonstrated the process of tempering EVM and challenged EC to provide EVM to AAP and that it could be tempered within 90 seconds.
Central government has directed all ministries to explore areas of employment generation and to focus on initiatives like Skill India.
Apple is considering reducing price of iPhone 5s to ₹15000 in order to target the mid-range smartphone market in India.
Paytm is looking to acquire majority stake in Mumbai based online ticketing platform insider.in. Sources claim that deal could be worth ₹200 crores.
Mumbai based mobile tech firm Route Mobile has acquired BPO firm Call2Connect for an undisclosed amount.