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General
RBI introduces incremental provisioning for bank loans to firms with unhedged foreign currency exposures
The central bank has decided to introduce incremental provisioning and capital requirements for banks having exposure to firms with unhedged ......
Manufacturing
Govt may cancel licences for 41 coal blocks
The government has informed the Supreme Court that it will scrap as many as 41 coal blocks allocated to private ......
Infrastructure
DLF's commercial mortgage-backed securities issue delayed, may launch in February
DLF, the largest realtor in the country as per market capitalisation, has delayed its commercial mortgage- backed securities (CMBS) issue ......
General
Blackstone-backed Financial Technologies hit by class action suit related to NSEL fraud
Modern India and three other investors have filed a class action lawsuit in the Bombay High Court (HC) against Financial ......
General
World Bank estimates India's GDP to grow 6.2% in FY15, 7.1% in FY17
The World Bank came up with a positive outlook for global economic growth raising its expectation for GDP growth in ......
TMT
Bharti Airtel raises $342M in follow-on eurobond issue through Dutch arm
India’s largest telecom operator Bharti Airtel Ltd through its wholly-owned subsidiary Bharti Airtel International BV, has raised €250 million ($341.6 ......
Healthcare
Diagnostic chain Metropolis expands overseas with a unit in Mauritius, eyes M&As in Africa
Mumbai-based diagnostic chain Metropolis Healthcare Ltd has expanded its overseas operations by entering into a joint venture with a local ......
Infrastructure
Gujarat High Court orders closure of a part of Mundra SEZ
The division bench of the Gujarat High Court has ordered Adani Ports & Special Economic Zone Ltd (APSEZ), India's largest ......
Consumer
Aam Aadmi Party says it won't allow multi-brand retail chain with FDI to operate in Delhi
The Aam Aadmi Party (AAP)-led Delhi government has communicated to the central government that it is opposed to the idea ......
TMT
Cloud-based billing solutions firm ChargeBee raises $800K from Accel Partners
Chennai-based startup BubblePath Inc, which operates under the brand ChargeBee and provides cloud-based subscription billing and recurring billing solutions to ......
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