Venture capital firm Peak XV Partners has fully exited its investment in the fintech major One MobiKwik Systems. According to market sources, the firm completed a block deal worth approximately ₹130 crore, marking the conclusion of its long-standing association with the digital payments company. As an early investor in MobiKwik, Peak XV Partners successfully divested…
Amazon India has announced a massive investment of over ₹2,800 crore (approximately $300 million) aimed at drastically expanding its logistics infrastructure and enhancing worker benefits across the country. The announcement, made on Thursday, marks a significant step in the e-commerce giant’s broader strategy to invest over $35 billion in India by 2030, focusing on AI-led…
The Chief Executive Officer of Singapore Airlines (SIA) arrived at Bombay House on Thursday morning for high-level discussions with senior Tata Group executives. This strategic meeting, reportedly including Tata Sons Chairman N Chandrasekaran, comes at a critical juncture as Air India grapples with mounting financial losses and significant operational hurdles. The partnership between the two…
Lodha Developers, a leading name in the Indian housing market, released its latest operational update on Tuesday, outlining a robust roadmap for the coming years. As of April 1, 2026, the company holds a Gross Development Value (GDV) of ₹2 trillion available for sale. This massive pipeline excludes township land banks not slated for development…
Nava, a fast‑growing AI infrastructure startup, today announced that it has successfully raised $22 million in its Series A funding round. The investment marks a significant milestone in the company’s mission to build scalable, reliable infrastructure solutions that power next‑generation artificial intelligence applications. The round was led by prominent venture capital firms, with participation from…
The Telecom Regulatory Authority of India (TRAI) has issued a stern directive to Reliance Jio, the nation’s largest telecommunications provider, to discontinue tariff practices deemed “discriminatory” and in violation of transparency norms. The regulator has established a strict deadline of April 14 for the telco to adhere to its orders, which are intended to create…
In a move set to reshape the Indian financial landscape, Jio Financial Services Limited (JFSL) and the Munich-based Allianz Group have officially announced the commencement of their joint venture, Allianz Jio Reinsurance Limited. The venture received final regulatory approval from the Insurance Regulatory and Development Authority of India (Irdai) on March 12, 2026, and is…
India’s leading e-commerce platform Flipkart has announced a key leadership transition, with Group Chief Financial Officer Sriram Venkataraman stepping down from his role.According to a company statement, Venkataraman will remain with the organization for a transitional period to ensure continuity and a smooth handover of responsibilities. During this interim phase, Ravi Iyer will oversee the…
Godrej Properties Limited has acquired a 20-acre land parcel in Whitefield, marking a significant expansion in one of India’s fastest-growing real estate markets. The company plans to develop a premium residential project on the site, with an estimated revenue potential of around ₹1,350 crore.The project is strategically located near NH-648 in East Bengaluru, a region…
Bajaj General Insurance Limited on Tuesday announced the launch of ‘Eco Assure’ for commercial vehicles, a new add-on cover aimed at helping vehicle owners manage rising repair costs while ensuring minimal operational disruption. The insurer said commercial vehicles are central to India’s logistics and mobility ecosystem, but increasing maintenance expenses often burden operators. Eco Assure…
