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Varun Hebbalalu

Stories by Varun Hebbalalu

Analysis

Star India seeks $940m from Zee over cricket broadcasting deal termination

Zee was to licence TV broadcasting rights to Star India for four years.

People

Amazon names 25-year veteran Samir Kumar as new India head

The change in leadership comes as Amazon is fast expanding in India where it plans to invest $26 billion by 2030.

IPOs & Markets

E-scooter maker Ather Energy aims for $2.5b valuation in India IPO: report

Hero MotoCorp-backed Ather is India's fourth-largest e-scooter maker by market share.

IPOs & Markets

Bajaj Housing Finance’s $782m IPO oversubscribed on Day 1

The IPO has been subscribed by government of Singapore, BlackRock and ADIA.

Deals

Indian social media platform Koo to shut down after partnership talks fail

A dearth of funding hurt the platform, and high technology costs to keep the app running led to the shutdown.

Earnings and Results

India’s Mahindra to invest $1.44b in EV unit, SUV sales help beat Q4 profit estimates

Mahindra currently offers one EV model - the XUV400 - and said that it will launch its new range of EVs by next year.

Deals

India’s Vodafone Idea denies tie-up talks with Musk’s Starlink

Vodafone Idea has not reported a profit since it was formed in 2018.

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