General
PE funds' buyout deals may attract higher tax; More support for Raghuram Rajan
India's tax department has issued a circular that gives tax officers freedom to determine whether buyout transactions are liable for ......
TMT
Intel Capital exits 123Stores.com parent IntraSoft
Intel Capital, the corporate venture capital arm of chipmaker Intel Corp, has exited its over eight-year-old investment in IntraSoft Technologies ......
TMT
Providence sells additional stake in Idea Cellular; makes modest returns
Global private equity firm Providence has sold around half of its remaining stake in its decade-old investment in Aditya Birla ......
General
India's services sector growth dips to a six-month low in May
India's services sector growth fell to a six month low in May as new business inflows slowed, a private survey ......
Consumer
Henkel may pick a stake in Jyothy Labs?
German consumer goods major Henkel AG that exited bulk of its India business five years ago by selling the unit ......
General
India manufacturing output edges up in May
India’s manufacturing activity improved for a fifth straight month in May but a drop in new export orders slowed output ......
General
Ashok Lavasa named finance secretary
The government has named Ashok Lavasa, a 1980 batch IAS officer of Haryana cadre who is currently secretary at the ......
TMT
Jabong grew again in Q1 but slower than it claimed earlier
Rocket Internet-incubated fashion e-commerce venture Jabong that hit a speed bump in the second half of 2015 has begun the ......
General
India GDP expands 7.9% in Jan-March
India’s gross domestic product expanded 7.9% in the January-March quarter, accelerating from a revised 7.2% in the previous three months, ......
General
Creador sheds additional stake in Cholamandalam Investment & Finance
Creador, a private equity firm focused on South and Southeast Asia, has sold additional stake in its four-year-old investment in ......
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