Rama Venkat
Stories by Rama Venkat
SoftBank plans to sell 5% stake in India’s Policybazaar via block deal
PB Fintech is the parent of online insurance aggregator Policybazaar.
Alibaba may sell $200m shares in India’s Zomato via block deal
The Chinese e-commerce giant could sell a 3% stake in the food delivery firm.
Uber, Ola & Rapido asked to stop three-wheeler services in tech hub Bengaluru
The transport department issued a notice to the companies to stop the service on Thursday.
SoftBank-backed logistics startup Delhivery valued at $4.9b in India debut
The company counts popular e-commerce sites such as Amazon and Flipkart as its clients.
Indian income tax authorities search premises of China’s Huawei
The development comes a day after India blocked access to 54 mobile apps, mainly Chinese.
SoftBank-backed Indian logistics startup Delhivery files for $997m IPO
The IPO will consist of a fresh issue of shares worth 50 billion rupees.
After weak debut, Indian F&B chain Barbeque-Nation shares jump 18%
Its debut comes as a resurgence in COVID cases in India threatens to derail a nascent recovery in business.
Tesla rival Rivian said to aim for IPO this year
The company is looking at a valuation of about $50 billion or more in the IPO.
China’s Ant Group said to plan sale of US-based EyeVerify
Ant is in talks with a number of potential buyers in the United States.
HSBC considers exit from US retail banking
HSBC said last month it planned to reduce annual costs to below $31 billion by 2022.
