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Alibaba sells nearly half of its direct stake in Paytm at Rs 535.9 per share

Chinese group Alibaba sold 2,59,930 shares of Paytm at Rs 535.90 worth Rs 13.93 croreNew Delhi: Chinese conglomerate Alibaba is learnt to...

Allcargo Logistics acquires 75 pc stake in European rival Fair Trade for 12 mn euros

The acquisition is being carried out through its European subsidiary Allcargo Belgium, which is operating as ECU WorldwideMumbai: Allcargo Logistics, the largest integrated player...

Alibaba sells nearly half of its direct stake in Paytm at Rs 535.9 per share

Alibaba group firm Ant Financial has not diluted its stake in Paytm and continues to hold 25 per cent of the companyNew Delhi: Chinese...

Over 18,500 toys seized from Hamleys, Archies and other retail stores for lack of BIS quality mark

CCPA has also issued notices to e-commerce players like Amazon, Flipkart, and Snapdeal for alleged violation of toys quality control orderNew Delhi: The government on...

Hindustan Unilever completes purchase of 51 pc stake in Zywie Ventures

After the acquisition of a 51 percent stake for a consideration of Rs 264.28 crore, Zywie Ventures has become a subsidiary of HULNew Delhi:...

Peepul Tree raises $6 million from Elevar Equity, others

Peepul Tree aims to support 1,00,000 artisans and more than 500 crafts and onboard 1,000 content creators on its platform by the end of...

Global investment firm Carlyle acquires majority stake in VLCC

Carlyle India Advisors Managing Director and Co-Head Amit Jain said the firm plans to help VLCC accelerate growth after acquisitionNew Delhi: Global investment firm Carlyle...

Stellar Value Chain to invest about Rs 200 cr to set up fulfilment centres across six cities by 2026

These facilities will be located at key strategic locations across the six cities - Mumbai, Delhi, Bengaluru, Chennai, Hyderabad, and KolkataMumbai: Consumer supply-chain...

WayCool Foods start cluster development initiative to aid farming community

The initiative would address the adverse effects of climate change on conventional farm practices, soil health, water availability, pest-disease risk and overall income of...

Future Lifestyle Fashion debt reduced to Rs 1,827.9 cr; total default at Rs 1,465.7 cr

FLFL's default of Rs 1,465.67 crore "comprised of the persisting default" of Rs 436.01 crore for the September 2022 quarter, the company said in...

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Gujarat’s first PVR IMAX opens at Palladium Ahmedabad

The multiplex is the largest PVR IMAX in Ahmedabad and offers a luxury experience which includes comfortable opulent seating,...