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Detailed stories on technology startups, business and economic current affairs.
Last month, the snack maker had received bids from two consortiums, but the deals did not match the company’s valuation expectations.

Reliance Consumer Products is relying on aggressive pricing in the hope that its staples brand will become a household name. But such tactics can go only so far.
While the filing for an IPO by its telecom and digital business was the highlight, Reliance laid out plans for its new energy and retail businesses, setting them up for eventual listings.
As India’s largest stock exchange heads to the public markets, it may need to rethink its excessive reliance on transaction revenue.