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General
Manappuram to foray into microfinance, commercial vehicle loans
Gold loan firm Manappuram Finance Ltd is looking for diversification of its business into microfinance & financing of commercial vehicles, ......
TMT
Larry Ellison stepping down as Oracle CEO but not hanging up his boots yet
Larry Ellison, founder and chief of Oracle Corporation, has stepped down as the chief executive officer (CEO) of the global ......
Manufacturing
Rico Auto promoters pledge 7.4% more with KKR's NBFC arm
Arvind Kapur-led promoter group of auto component manufacturer Rico Auto Industries Ltd has pledged additional 7.4 per cent of their ......
General
RBI eases FDI norms on issue of equity shares against payables
The Reserve Bank of India (RBI) has eased foreign direct investment (FDI) norms, allowing Indian companies to issue shares/convertible debentures ......
Consumer
Bharti Retail COO Craig Wimsatt to head operations
Craig Wimsatt, chief operating officer (COO) at Bharti Retail, the privately held arm of Bharti Enterprises Ltd, will lead the ......
General
Mitesh Daga quits Advent to join TPG Capital
Mitesh Daga has quit the Indian unit of global private equity giant Advent to join TPG Capital as a vice ......
TMT
Amazon gets a breather as Karnataka halts clamp-down on its vendors
The Karnataka government has asked the state tax department, which recently launched clamp-down on a bunch of third-party vendors of ......
Consumer
India & China buoy global diamond jewellery sales to record high of $79B in 2013
Global demand for diamond jewellery touched a record high of $79 billion in 2013, almost 3 per cent higher than ......
General
CalPERS hires Mahboob Hossain as senior portfolio manager
The California Public Employees’ Retirement System (CalPERS) has hired Mahboob Hossain as a senior portfolio manager to oversee co-investments made ......
TMT
Bharti Retail chief Raj Jain joining media giant Times of India Group as CEO
Raj Jain, who was roped in as chief executive of Bharti Retail earlier this year after a stint as the ......
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