Flipkart in Talks to Raise $1 Billion Fundraising Ahead of IPO
Flipkart has hit the market to raise about $1 billion at up to $30 billion valuation in a pre-IPO financing round. The fundraising could double...
Tag : Amazon
Jeff Bezos Sold $2.4 Billion of Amazon Stocks
Jeff Bezos sold $2.4 billion of Amazon Inc. stock, bringing the amount he’s unloaded this week to almost $5 billion. Bezos sold 739,032 shares under...
SC Defers Hearing in Amazon FRL Case to June
The Supreme Court has deferred the hearing of the Amazon-Future dispute by nearly two months to June 28 as it attends to more pressing matters...
FirstCry to Launch $75 Million Investment Venture
Firstcry is in talks to launch India’s largest Thrasio-style investment venture with $75 million in capital commitment from investors such as Japan’s SoftBank, TPG, ChrysCapital,...
FCC Allows SpaceX Starlink Satellites at Lower Altitude
Elon Musk’s Starlink project to provide broadband from space received authorization Tuesday to place its satellites lower than previously proposed. The US Federal Communications Commission...
Amazon to Send 10K Oxygen Concentrators, BiPAP Machines to India
To help hospitals and health institutions struggling to provide oxygen to patients affected by covid-19, Amazon India has joined hands with ACT Grants, Temasek Foundation,...
SC Stays Proceedings Before Delhi HC in Amazon Future Case
The Supreme Court on Monday stayed the ongoing proceedings before the Delhi High Court in the case related to the amalgamation of Future Retail Ltd...
FB Signs First Deal to Buy Renewable Energy in India
Facebook has signed a deal to buy renewable energy in India from a local firm’s wind power project, the social media giant’s first such deal...
Paytm Money To Add Foreign Stock Investments
Paytm Money is about to venture into international stocks soon, with support for investments in the NYSE FANG+ Index, the company has hinted through an...
Digital Revolution Offers New Growth Path for India
Emerging economies struggled to grow through the 2010s, and pessimism shrouds them now. People wonder how they will pay debts rung up during the covid-19...