Chandini Monnappa
Stories by Chandini Monnappa
SoftBank-backed Indian logistics startup Delhivery files for $997m IPO
The IPO will consist of a fresh issue of shares worth 50 billion rupees.
SoftBank-backed Oyo in legal spat with rival Zostel ahead of $1.2b IPO
Their 2015 deal was for Oyo to buy some of Zostel's businesses, while Zostel would get a 7% stake in Oyo.
Newly-listed Indian food delivery giant Zomato reports June quarter loss
Zomato said the second wave of COVID-19 infections in India had reversed most of the gains the industry made in the previous quarter.
Ant-backed Zomato’s stellar debut sets pace for other Indian tech listings
Paytm, Oyo Hotels and Ola, both backed by SoftBank, are among other Indian startups set to enter markets.
India’s Flipkart said in early talks to raise $1b ahead of IPO
Flipkart raised $1.2 billion in fresh funding last year, with Walmart as its lead investor.
US apparel watchdog probes Jockey’s Indian partner Page
The investigation comes following concerns of human rights violations at one of Page's factories.
Indian carrier IndiGo to raise at least $268m via sale, leaseback of assets
The airline recently reported its steepest quarterly loss in at least five years.
Amazon in talks to buy 9.9% stake in Reliance’s retail arm: Report
JioMart, the e-commerce venture of Reliance’s retail arm, poses a formidable challenge to Amazon's local unit.
India’s bankrupt airline Jet Airways to sell Netherlands business to KLM
If the deal is finalised, it will only involve a sale of part of the company's business and not impact the shareholding pattern.
India to begin bankruptcy proceedings against shadow lender DHFL
DHFL owes its lenders nearly 1 trillion rupees ($14 billion), including several mutual funds, banks, pension funds, insurance firms and retail investo
