Today’s India Business News Headlines – 4th July 2017 – Tentaran.com

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Here are the India Business News Headlines as on 4th July 2017:

Nandan Nilekani, Infosys co-founder and Sanjeev Aggarwal, a venture capitalist, have launched a $100-million venture fund to back mid-stage start-ups that solve unique Indian problems in the consumer technology space.
BookMyShow has acquired Burrp, a Mumbai-based local restaurant recommendation engine, from Network18. Burrp is India’s oldest food-tech business and currently lists over 56,000 restaurants across 12 cities.
Everstone Capital-backed IndoStar Capital is close to acquiring ICICI Home Finance. IndoStar Capital will pay Rs2,000 crore for 67% stake in ICICI Home Finance, ICICI Bank will continue as a minority shareholder with a 33% stake.
Though IndiGo has shown keen interest in buying part of Air India, its shareholders are not in the favour of this deal. Shares of IndiGo fell by about 7.7% on NSE in two days after IndiGo’s interest became public.
Byju’s has acquired global education company Pearson Plc.’s TutorVista and Edurite for an undisclosed amount. With this acquisition, Byju’s is looking to expand its global reach and offerings for students.
Amazon has approached family offices of prominent businessmen to create more merchant entities that will act as sellers on its India based marketplace. Burman family, Dabur family and Infosys co-founder Kris Gopalakrishnan’s family holdings are among already approached. The JV will be similar in function to Cloudtail India, the largest seller on Amazon India.

*News as published in Business Standard, Live Mint and Economic Times.

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