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Walmart acquires Tiger Global’s stake in Flipkart for $1.4 billion

The transaction took place at an enterprise valuation of around $35 billionNew Delhi: US retail giant Walmart has acquired the entire stake of Tiger Global for USD 1.4 billion at an enterprise valuation of $35 billion, sources aware of...

Ambani, Adani among 13 bidders for Future Retail

Other entities that have submitted Expression of Interests (EOIs) include Boomidala Enterprises Pvt Ltd., Capri Global Holdings Pvt Ltd, Shalimar Corporation Ltd., Nalwa Steel & Power, United Biotech, WHSmith Travel, and United Biotech Pvt Ltd.New Delhi: Firms run by billionaires...

D2C Ecommerce acquires personal care D2C brand Luxura Sciences

D2C Ecommerce will expand its personal care and beauty segments, strengthen Luxura Sciences’ product offerings by investing in newer categories and foray into global marketsNew Delhi: D2C Ecommerce, a homegrown multi-brand e-commerce platform has acquired leading personal care D2C brand...

Reliance set to acquire METRO Cash & Carry India for 500 million euros

This is going to help Reliance Retail, the country’s largest retailer, expand its presence in the B2B segmentNew Delhi: Reliance Industries is set to acquire German retailer METRO AG’s Cash & Carry business in India in a deal estimated...
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Bharti Realty to build 17 million sq. ft. of office, retail space in Delhi

The company has started construction of 6.5 million sq. ft. of commercial space, of which 3.5 million sq. ft....
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