Svatantra Microfin has reached an agreement to acquire Navi Group’s microfinancing unit Chaitanya India for about $178.5 million, the two firms said Tuesday, latest in a series of events at…
India’s lower house of parliament greenlit the revised data privacy legislation presented the previous week, even as the bill has received criticism, with many believing that it grants significant discretionary…
Vijay Shekhar Sharma, founder and chief executive of Paytm, has entered into a deal with Ant Financial to secure a 10.30% stake in the Indian financial services firm from the…
India is delaying the implementation of its import limitations on laptops, tablets and servers by three months, a day after the unexpected regulation left electronic industry giants in a state…
Ashwini Vaishnaw, the IT minister of India, resubmitted an updated data privacy bill in lower house of the Indian parliament on Thursday, months after introducing its last draft and the…
Xiaomi has silently pulled its music player and streaming app Mi Music from the Play Store in India, continuing its shutdown of various services in the country where it is…
India restricted import of laptops, tablets, other personal computers and servers with immediate effect on Thursday, the Ministry of Commerce and Industry said in an amendment to an import policy.…
Apple supplier Foxconn will invest $600 million in two projects in Karnataka for chip-equipment manufacturing and casing components for iPhones, the southern Indian state said Wednesday. The Taiwanese company signed…
Indian logistics startup Shadowfax is finalizing a funding round of about $60 million, more than a year after it began the funding deliberations, two sources familiar with the matter said.…
The U.S. index fund pioneer Vanguard has cut the worth of its holding in the Indian ride-hailing startup Ola by more than half since original investment, according to an analysis…