A Peruvian billionaire contracted a world-famous design firm to remake his country’s private school system, and the results are stunning

In Carlos Rodriguez-Pastor’s home country of Peru, education is lagging . The billionaire businessman wanted middle-class kids to have an alternative between pricey private schools and destitute public schools, but no option existed. So, in 2011, with the help of design firm IDEO, he created one. Innova Schools are the product of that desire. They rely on blended […]

After Snapdeal rejects Flipkart’s offer, it may merge with Infibeam and form a $2 billion company

In the latest development, Snapdeal may merge with Infibeam, which is India’s only publicly listed e-commerce company. As per various reports, Infibeam is in talks with Snapdeal for possible merger talks and has even put a term sheet that may value Snapdeal at $1 billion. If this deal goes through, Infibeam and Snapdeal together will create a company […]

BSE to add 48 companies to Group A from July 17

Leading stock exchange BSE will shift securities of 48 companies including IDFC Bank and InterGlobe Aviation to Group ‘A’ category, the most tracked segment on the bourse’s platform, from July 17. Aditya Birla Fashion and Retail, Crompton Greaves Consumer, Dr. Lal Pathlabs, Future Retail, GHCL, L&T Technology Services, Lakshmi Vilas Bank, Mahanagar Gas, RBL Bank, Tata Motors Ltd (DVR) and Welspun […]