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RBI allows banks to restructure loans to tide over virus-induced stress

Finance

06 August, 2020

RBI allows banks to restructure loans to tide over virus-induced stress

The Reserve Bank of India has allowed banks to restructure loans without classifying them as bad debts and pushing the ......

Govt extends SEBI chief Ajay Tyagi's term by 18 months

People

05 August, 2020

Govt extends SEBI chief Ajay Tyagi's term by 18 months

The government has extended by 18 months the term of Ajay Tyagi, the chairman of the Securities and Exchange Board ......

Blackstone-backed Mindspace REIT's IPO covered 13 times on final day

Infrastructure

29 July, 2020

Blackstone-backed Mindspace REIT's IPO covered 13 times on final day

The initial public offering of Mindspace Business Parks REIT was covered almost 13 times on the final day Wednesday thanks ......

Blackstone-backed Mindspace REIT's IPO fully covered on second day

Infrastructure

28 July, 2020

Blackstone-backed Mindspace REIT's IPO fully covered on second day

The initial public offering of Mindspace Business Parks REIT was fully covered on the second day Tuesday led by demand ......

L&T to wind up West Asian wealth management unit after InCred deal collapses

Finance

17 July, 2020

L&T to wind up West Asian wealth management unit after InCred deal collapses

L&T Finance Holdings Ltd said on Friday it will wind up its West Asian wealth management unit after a planned ......

Google picks up 7.7% stake in Reliance's Jio for $4.5 bn

TMT

15 July, 2020

Google picks up 7.7% stake in Reliance's Jio for $4.5 bn

Reliance Industries Ltd said on Wednesday Alphabet Inc.’s Google will invest Rs 33,737 crore ($4.5 billion) in Jio Platforms Ltd, ......

Flipkart gets $1.2 bn from Walmart, others; valuation jumps 20%

TMT

14 July, 2020

Flipkart gets $1.2 bn from Walmart, others; valuation jumps 20%

Online retailer Flipkart said on Tuesday it is raising $1.2 billion (Rs 9,048 crore) in a funding round led by ......

Reliance's Jio gets $97 mn from Qualcomm Ventures for 5G push

TMT

13 July, 2020

Reliance's Jio gets $97 mn from Qualcomm Ventures for 5G push

Qualcomm Ventures has agreed to invest up to Rs 730 crore ($97 million) in Reliance Industries Ltd’s digital unit, Jio ......

SBI, Investec to form JV for institutional equities broking

Finance

09 July, 2020

SBI, Investec to form JV for institutional equities broking

State Bank of India, the nation’s biggest lender, is forming a joint venture with the local arm of South African ......

L&T Finance's deal to sell West Asian wealth management biz to InCred falls apart

Finance

03 July, 2020

L&T Finance's deal to sell West Asian wealth management biz to InCred falls apart

L&T Finance Holdings Ltd said on Friday its deal to sell its West Asian wealth management business to InCred Capital ......