M Sriram
Stories by M Sriram
Fairfax-backed Digit Insurance IPO put on hold by Indian watchdog
Digit Insurance aimed to raise about $440 million through an IPO for its non-life business.
Japan’s Kirin in talks to triple investment in Indian craft beer maker Bira
Kirin would have a total stake of roughly 15% in Bira once the latest funding round closes.
Warburg eyes 30% stake in Indian shadow lender Vistaar for $150m
The deal will value will value the Indian fintech startup at roughly $450m
SoftBank said to be planning $35m bet on India’s GoMechanic
This could be one of the Japanese investor's smallest bets in India by its Vision Fund.
India’s Axis Bank eyes 10% stake in Go Digit Life Insurance for $9m
HDFC Bank is also likely to pick up a 9.94% stake in the insurance startup
Indian billionaire Adani seeks to control NDTV; media group says move without consent
A unit of the Adani Group said it had used financial rights in a bid to purchase a 29.18% stake in NDTV.
Rakesh Jhunjhunwala, ‘India’s Warren Buffett’, dies at 62
He started dabbling in stocks as a teenager and managed stock trading firm RARE Enterprises.
Indian digital payments firm Paytm Q1 loss rises on higher expenses
Paytm reiterated its target of achieving operational profitability next year.
India’s Pine Labs eyes $5b monthly from online payments business
At that point, online payments should contribute 20% of revenue, says CEO
Indian agency accuses Chinese phone-maker Vivo of $280m tax evasion
The tax evasion allegation is India's second this week against a Chinese phone-maker
