Flipkart raises $3.6 billion; valuation hits $37.6 bn

Flipkart Group on Monday said it has raised $3.6 billion (about Rs 26,805.6 crore) in funding led by GIC, Canada Pension Plan Investment Board (CPP Investments), SoftBank Vision Fund 2 and Walmart,......

Why Fortis Healthcare has a bevy of suitors

With over 45 healthcare facilities and over 300 vibrant diagnostic centres, Fortis is India’s second-largest hospital chain -- next only to Apollo, which has 64 hospitals with 10,000 beds.......

Private equity inflows remain steady this year

This, despite squeeze in start-up funding; $946 mn Bharti Infratel deal is biggest so far this year Private equity investments in India remained steady at $6.57 billion in the first six months of......

Malaysia plans overhaul of national airline

Troubled Malaysia Airlines, hit by double disasters of MH370 and MH17 plans to delist and make it fully government-owned under a ‘complete overhaul’ announced by the its largest......