Stock of REC was trading at Rs 98.90, down 7.35 per cent, while PFC scrip was trading at Rs 79.60, 1.18 per cent lower over previous close on the BSE.

Founders Bhavish Aggarwal and Ankit Bhati, have sought CCI approval for increasing stake in ANI Technologies, which owns Ola

This development comes a little over two months after Swiggy's $210 million Series G round in late-June, which propelled it into the much-coveted unicorn club.

The mega deal, announced in May this year, is the largest so far in the Indian retail space. This is also Walmart's biggest acquisition and will help it compete more aggressively with its US-based rival Amazon.

As Chief Financial Officer, Ranganath oversaw key functions across the group, including corporate finance, taxation, treasury, mergers and acquisitions, risk management, and investor relations.

The government is mulling a single regulator and legislation to address all e-commerce related issues in the country.

The government's attempt to sell Air India has failed but its broad public asset management strategy is showing results.

Infosys would deal with concerns raised by shareholders with regard to a whistleblower's letter complaining about governance issues, its Non-Executive Chairman Nandan Nilekani said today.

Delhi HC denying Monsanto's patent right over a gm cotton seed has triggered a debate on the path ahead for innovation-led seed companies.

The venture debt market is coming of age in the Indian start-up ecosystem.

If the Walmart-Flipkart deal indeed goes through, it would be the largest so far in the Indian e-tailing market that is forecast to grow to USD 200 billion by 2026.

Demand for warehousing space is now expected to be 20 million sq. ft. this year with both new and existing occupiers expanding their operations.

Total corporate funding, including venture capital funding, public market and debt financing, into the solar sector stood at USD 5.7 billion during the fourth quarter of 2017.

The company's fortunes hit rock-bottom when it reported a net loss in the Q4 results - for the first time in 60 quarters. It had last reported a quarterly loss of around Rs 7 crore back in December 2002, but this time round net loss for its India business in the quarter ended March stood at Rs 652 crore.

Sundar Pichai, the Indian-born CEO of tech giant Google, is set to cash in around Rs 2,524 crore ($380 million) in one of the largest single payouts to a public company executive in recent years.