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Breaking News

Breaking News

Breaking News

Top Story

Aug 16, 2021

Top Story

Adi Godrej

Adi Godrej to step down from GCPL board on Sept 30

Aug 05, 2021

Veteran industrialist and Godrej Group Chairman Adi Godrej will step down from the board of Godrej Consumer Products Ltd (GCPL) next month.

BharatPe unicorn

BharatPe latest unicorn in town; valuation at $2.85 bn

Aug 04, 2021

Merchant payments and financial services provider BharatPe has raised $370 million in a funding round led by Tiger Global Management. Dragoneer Investor Group and Steadfast Capital also participated in the Series E funding round. The latest round has increased the company’s valuation to $2.85 billion in six months, making it the latest entrant to the ever-growing unicorn club in India. BharatPe had raised $108 million in February this year at a valuation of $900 million.

Nykaa IPO

Nykaa files initial papers for IPO

Aug 03, 2021

E-commerce platform for beauty products, Nykaa, has filed preliminary documents for an initial public offering (IPO) as a long line of companies plan to list on the bourses. The entity that operates Nykaa, FSN E-Commerce Ventures Ltd, said it would raise as much as $70.6 million by selling new equity in the offering, as per its draft red herring prospectus (DRHP).

Subway India may be bought by Reliance Retail

Reliance Retail in talks to buy Subway India for $200-250 mn

Aug 02, 2021

Mukesh Ambani’s Reliance Retail is in talks to buy Subway India for $200-250 million or Rs 1,488-1,860 crore. If the talks are successful then RIL will gain the network of 600-something Subway stores across the country.

Breaking News Updates July 30

Breaking News Updates July 30: Big Boys and their Toys -- Jhunjhunwala & Akasa Air

Jul 30, 2021

This BusinessToday.In Breaking News July 30 blog brings to you all the latest stories from across India and the business world. Find all the top news updates here as they break.

Breaking: WhatsApp banned 2 million Indian accounts in a month

Jul 15, 2021

Over 2 million Indian accounts banned by WhatsApp in the period 15 May – 15 June 2021, in the interest of preventing online abuse and keeping users safe on our platform, Facebook-owned messaging platform WhatsApp said in its latest India Monthly Report. More details are being added.

Modi 2.0

Scindia given charge of aviation ministry; Mandavia new health minister

Jul 07, 2021

Prime Minister Narendra Modi will monitor the Ministry of Science and Technology, while home minister Amit Shah will oversea the Ministry of Cooperation. Jyotiraditya Scindia has been given the charge of Civil Aviation Ministry, while Mansukh Mandavia has been named new health minister. Anurag Thakur, who earlier held the charge of MoS finance, has been given the charge of information and broadcasting and the ministry of sports. Education and skills development ministries will be combined, and oil minister Dharmendra Pradhan will take charge of these ministries. Hardeep Singh Puri will retain Urban Development. He has also been given the charge of petroleum ministry. More details are awaited.