Lenskart may issue shares to CEO Peyush Bansal, potentially increasing his stake by 1.5-2%. This mirrors a trend among tech firms rewarding...

Indian markets experienced a slight downturn, with several companies making headlines. Vedanta plans to sell shares in Hindustan Zinc, whil...

Food delivery cos in India, including Swiggy, Zomato, and Delhivery, are implementing initiatives to enhance the well-being of their delive...

Shadowfax Technologies, supported by Flipkart, prepared for an IPO aiming to raise Rs2,500-3,000 crore, seeking a valuation of Rs5,000-8,00...

Swiggy said Srinivasan was stepping down due to “increasing business commitments”, without explaining further. The firm did not name a repl...

According to a TOI report, 46 new members earning a million-dollar salary (over Rs 7.8 crore with the rupee pegged at 78/$) entered the eli...

Firm starts testing non-Amazon deliveries for brands, logistics aggregators and others

SoftBank Vision Fund’s managing partner Sumer Juneja and India head has been given the additional responsibility of overseeing Europe, the ...

New-age logistics startup Delhivery has fixed a price band of Rs 462-487 a share for its Rs 5,235-crore initial public offering (IPO). The ...

Logistics tech company likely to be valued at $6.5 billion post listing

In early August we reported that Nykaa had filed for an IPO, seeking to raise Rs 525 crore by issuing new shares. Sources told us today tha...

Ex-JPMorgan Kalpana Morparia, former IndusInd Bank CEO Romesh Sobti, and Marico MD Saugata Gupta have joined Delhivery’s board of directors...

Move may help founders dilute stakes without losing control, make tax system more efficient

Scotland's Ballie Gifford and Abu-Dhabi investor also join new round ahead of IPO

The two co-founders have also been 'reclassified' as 'retiring/non-active promoters' for their stake in Delhivery.

The Delhivery IPO is expected at a valuation of $3.2-4 billion, more than double of when SoftBank invested in 2019. Talks are on with at le...

She said the Department of Industrial Policy and Promotion (DIPP) will soon address the problems being faced by online pharmaceuticals with...