With new outlet in Bengaluru, it would be one ahead of rival Walmart's 21
The fall in rentals comes on top of the 1.5 per cent drop in the first week of August after a similar drop in diesel prices on August 1
Rising business also partly helping commercial vehicle sales
The much-vaunted GST will reform India's complex indirect tax system, while maintaining balance between the Centre and states. We bring you the key figures in its evolution.
PE and VC firms have seen a churn in the past few months while PE inflows shrank 48% to $7.54 billion for the six months ended June 2016
It has focused on unstructured categories that offer higher margins, capital efficiency, and has stayed away from a pricing war
Fashion retailer Jabong.com is part of this group; writedown could help bidders for Jabong
While the media gaze has been on start-ups in trouble, investors who funded them have mostly escaped attention
Tata companies perform well; major firms in emerging markets do badly
It is cutting back on discounts and infusing technology in its back-end services to crimp costs and turn profitable before others
The PE firm is finalising dates for roadshows for the third fund and has inducted four operating partners to guide the investee companies
However, seed-stage deals have shrunk less this year than VC rounds
Interview with Chairman, Motherson Sumi Systems
Innovations like home check-ups and trials have helped Lenskart disturb the eyewear business
Private equity (PE) major KKR India, which had bought 38 per cent stake for Rs 1,400 crore, could make 2.27 times its invested capital if the deal is valued at $1.25 billion
Fund-raising could become tough after capital gains tax kicks in from April 2017
Even as he bails out brother Naveen, Sajjan Jindal struggles with his US assets, which he acquired to bail out his elder brother
Latest fund-raising values the fashion group at €1 bn, down from €3.1 bn in July 2015