Used-car platform Cars24 expects to complete its reverse flip from Singapore to India by April 2027, after which it plans to file IPO papers and use proceeds to expand from 25 to as many as 200 Indian cities.
Amazon's main Indian entities lost ₹2,792.8 crore combined in FY26, up nearly 48%, even as revenue approached ₹40,000 crore. The marketplace narrowed its loss, but Amazon Retail and Amazon Pay widened theirs.
Arovia Consumer, founded by Soulfull creator Prashant Parameswaran, has raised ₹100 crore from Fireside Ventures to acquire significant stakes in regional packaged-food businesses and scale them beyond their home markets.
Ola Electric's board has approved a ₹1,000 crore rights issue of partly paid-up shares, with founder Bhavish Aggarwal expected to take up his share, as the company funds its battery-cell ambitions against falling revenue and market share.
Flipkart's corporate venture arm has invested in experience-discovery platform Alive, which raised a $1 million seed round, and AI software-testing start-up Keploy, adding two very different applied-AI bets to its portfolio.
Jaipur-based Balwaan Krishi has raised ₹100 crore in a Series B round led by First Bridge India Growth Fund to scale low-cost farm equipment for small and marginal farmers and push into southern India.
Swiss voters rejected by 69% to 31% an initiative to enshrine 'eternal and armed' neutrality that would have barred Switzerland from military alliances and from imposing sanctions not approved by the UN. The result preserves the government's ability to align with EU measures on Russia.
Isabel Schnabel's resignation has triggered a scramble for top European Central Bank posts. Klaas Knot and Pablo Hernández de Cos lead the field for president, but Franco-German politics, national balance and a commitment to gender representation will shape the outcome.
Armani CEO Giuseppe Marsocci says the 15% stake the founder's will requires the group to sell need not go to a single investor. LVMH, L'Oréal and EssilorLuxottica were named as preferred buyers, and talks with all three are expected in the coming weeks.
Profits at China's large industrial firms rose 4.2% in August, the weakest monthly gain of 2026 and down from 11.2% in July. Year-to-date growth eased to 15.7%, the fourth straight month of slowing, as soft consumption and rising energy costs offset AI-driven strength in electronics.