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Service sector activity skids to lowest level in over a year: HSBC survey

General

03 June, 2015

Service sector activity skids to lowest level in over a year: HSBC survey

Service sector activity slowed last month to the lowest level since April 2014 in what sends a poor signal about ......

Brijmohan Lall Munjal steps down as chairman of Hero MotoCorp, Pawan Munjal takes over

Consumer

02 June, 2015

Brijmohan Lall Munjal steps down as chairman of Hero MotoCorp, Pawan Munjal takes over

Brijmohan Lall Munjal, group patriarch who spearheaded growth of Hero MotoCorp (earlier Hero Honda Motor) as the world's-largest bike maker ......

Multiples PE to float new housing finance company

General

02 June, 2015

Multiples PE to float new housing finance company

Former ICICI Venture CEO Renuka Ramnath-led private equity firm Multiples Alternate Asset Management Pvt Ltd is looking to float a ......

RBI snips rate but stays dovish on future cuts

General

02 June, 2015

RBI snips rate but stays dovish on future cuts

The Reserve Bank of India (RBI) snipped the key monetary policy rate by 25 bps to 7.25 per cent in ......

Index of eight core industry slips to lowest in a decade

General

01 June, 2015

Index of eight core industry slips to lowest in a decade

Index of eight core industries, which captures production in basic sectors, slipped again in April to its lowest in a ......

Vivek Mehra quits Aloe PE to float food-tech startup

General

01 June, 2015

Vivek Mehra quits Aloe PE to float food-tech startup

Aloe Private Equity firm's managing director for India, Vivek Mehra has quit the firm to focus on technology investments and ......

Premium
Private placements of corporate bonds revive in FY15, hit all-time high

General

01 June, 2015

Private placements of corporate bonds revive in FY15, hit all-time high

Indian companies garnered a record sum through private placement of bonds last year in what also marked a revival in ......

Government withdraws tax incentives to defence PSUs, to boost private manufacturers

Manufacturing

01 June, 2015

Government withdraws tax incentives to defence PSUs, to boost private manufacturers

In a big move to bolster private participation in the defence manufacturing sector, the government has given a level playing ......

Reliance Games' Manish Agarwal joins Nazara Technologies as CEO

TMT

01 June, 2015

Reliance Games' Manish Agarwal joins Nazara Technologies as CEO

Manish Agarwal, erstwhile chief of Reliance Games, has joined mobile entertainment company Nazara Technologies as CEO. As part of the ......

GoAir ropes in former Jet Airways' CEO Wolfgang Prock-Schauer as chief executive

Infrastructure

01 June, 2015

GoAir ropes in former Jet Airways' CEO Wolfgang Prock-Schauer as chief executive

Wadias controlled private budget carrier Go Airlines (India) Ltd, which operates under the GoAir banner, has roped in Wolfgang Prock-Schauer ......

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