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Finance
Banks face $37 bn hit from top 50 stressed assets, says CRISIL
Indian banks may have to write off 60 percent of the value of bad loans from their 50 large stressed ......
TMT
Google overhauls mobile search app, adds personalised feed
Google on Wednesday announced an overhaul of its search app on mobile phones to include a personalized feed of links ......
People
Urban Ladder names former Croma exec Ajit Joshi president and COO
Bangalore-based Urban Ladder Home Décor Solutions Pvt. Ltd, which operates a furniture e-tailer, has appointed Ajit Joshi as president and ......
TMT
How Noida-based MoMagic is trying to build the Flipkart of Bangladesh
Taking a leaf out of homegrown e-commerce majors Flipkart’s and Snapdeal’s journey so far, an Indian marketing analytics firm has ......
Finance
How bets on Uber and other unicorns hurt mutual fund giant Fidelity
Fidelity's bets on unicorn companies, the rare private firm or startup that grows in value to at least $1 billion, ......
Finance
KKR files for bankruptcy against Amtek Global; Blackstone buys Carnival property
Private equity giant KKR has initiated bankruptcy proceedings against the Singaporean subsidiary of debt-laden auto component manufacturer Amtek Auto Ltd, ......
TMT
SoftBank, GM invest in US self-driving startup Nauto
General Motors Co and Japan's Softbank Group Corp are among the latest investors in Nauto, a Silicon Valley startup developing ......
TMT
Like Didi Chuxing & Yandex, will Uber eventually cut a deal with Ola?
The battle lines in the cab-hailing market worldwide are being redrawn. And Uber Technologies Inc, the industry pioneer and the ......
Finance
P&C Legal rebrands as Jerome Merchant + Partners
Sajan PoovayyaMumbai-based boutique M&A, corporate finance and real estate advisory firm P&C Legal has rebranded as Jerome Merchant + ......
Finance
Banks need $2.8 bn extra provisioning for bankruptcy cases, says India Ratings
Indian banks taking 12 of the country's largest defaulters to bankruptcy court under a central bank directive, will need to ......
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