Carl Icahn's 29.3 million shares in car rental firm Hertz are now worth about $375 million against a high of about $1.3 billion at the end of 2014, when he held half as many shares
2 min read10 May 2017Zoomcar eventually wants to expand to South-East Asia and Central Asia. However, India remains the key focus market for now
3 min read25 Apr 2015The acquisition will help Carzonrent's target to build a fleet of 100,000 cars and to expand to 250 cities in the next five years
1 min read21 Apr 2015Existing investors Empire Angels, FundersClub and Basset Investment Group were also a part of this funding round
1 min read31 Oct 2014The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared