Institutional Investors Acquire Stake in MobiKwik Following Peak XV’s Full Exit

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…

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Amazon India Announces $300 Million Investment to Boost Quick Commerce and Worker Welfare

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…

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Singapore Airlines CEO Meets Tata Leadership Over Air India’s Financial Woes

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…

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Lodha Developers Acquires 12 New Land Parcels in FY26; Pre-Sales Surge to ₹20,530 Crore

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…

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AI Infrastructure Startup Nava Secures $22 Million in Series A Funding

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…

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TRAI Crackdown: Reliance Jio Ordered to End ‘Discriminatory’ Tariffs by April 14

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…

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