Hero Electric, India’s first as well as the largest manufacturer of electric two-wheelers, has announced the signing of a partnership deal with some industry giants to procure additional funding fo

Facebook recently announced investment in Reliance Platforms and the deal will boost Reliance Jio’s presence in Indian retail via Facebook’s social networking app WhatsApp.

Despite tepid consumer spends, the total PE inflows into Indian retail hit a new high in 2019 among all five years between 2015 to 2019.

Akshaya Prasad, the infrastructure head of financial services bigwig Goldman Sachs, has resigned after his nine-year stint at the company. He has joined private equity firm Greater Pacific Capital, where he has been appointed the co-head of Greater Pacific's India business.

Substantiating the December 2008 reports that some top-rung executives of ICICI Bank may quit after Chanda Kochhar's appointment as the new CEO and MD, two business chiefs - Renuka Ramnath ICICI Ventures' Managing Director and CEO; and Shikha Sharma, Managing Director of ICICI Prudential Life Insurance - are likely to put in their papers, sooner than later.

The liquidity position of the cash-strapped realtor United Ltd is expected to improve, with the company recently raising Rs 1,625 crore at Rs 38.50 per share through qualified institutional placement (QIP) issue. The proceeds from this sale of new shares to qualified institutions will help the country's second-biggest real estate developer repay a part of its more than Rs 8,900-crore debt.