SpiceJet says in talks with investors for fresh capital
SpiceJet is in “exploratory and preliminary stage” talks with investors about raising fresh capital, the budget airline said in a regulatory statement on Monday. The airline said a few parties had approached it about making an investment but because the talks were at an early stage it... read more »
Policy consistency is critical for investors: PwC chairman
PricewaterhouseCoopers (PwC) International chairman Dennis Nally is in India to release a report that suggests that the country has the potential to grow at 9% annually and become a $10-trillion economy by 2034 from under $2 trillion currently. He spoke to TOI about the steps that the government... read more »
Adani Power buys Avantha’s 600 MW plant for Rs 4,200 crore
MUMBAI: India’s largest e-commerce player Flipkart has closed a $500-600 million fresh financing round led by its existing large investors at a massive pre-money valuation of $10 billion, giving it further ammunition to fight out rivals Amazon and Snapdeal. Tiger Global, South Africa’s... read more »
Flipkart raises $600 million in fresh funding at pre-money valuation of $10...
MUMBAI: India’s largest e-commerce player Flipkart has closed a $500-600 million fresh financing round led by its existing large investors at a massive pre-money valuation of $10 billion, giving it further ammunition to fight out rivals Amazon and Snapdeal. Tiger Global, South Africa’s... read more »
