Chinese technology conglomerate Tencent has bought a stake worth USD 264 million (about 2,060 crores) in Flipkart from its co-founder, Binny Bansal, through its European subsidiary.
India's first display fab to be set up in Telangana with investment of Rs 24,000 crore. Rajesh Exports, a gold retailer based in Bangalore, has announced plans to invest $3 billion to build India's first display manufacturing plant.