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Finance
Abdrn sells entire stake in HDFC Asset Management
British asset manager abrdn plc said on Tuesday it sold its entire 10.2% stake in India's HDFC Asset Management Co ......
General
Grapevine: Sutherland eyes another Indian firm; Phoenix ARC, others vie for Piramal's bad loans
Transnational business process outsourcing (BPO) major Sutherland Global Services is in talks to acquire a Hyderabad and......
TMT
Byju's cuts 1,000 more jobs as tight funding conditions, US court battle weigh
Edtech unicorn Byju’s has laid off around 1,000 employees in the past few days, multiple people aware of the ......
Finance
Bottomline: Aye Finance returns to profit in FY23 as revenue, loan book grow
Fintech lending startup Aye Finance made a remarkable turnaround in the financial year that ended March 2023, rebounding......
General
Grapevine: PMI Electro Mobility, IndiQube, Oro Money seek fresh funding
Electric bus maker PMI Electro Mobility is in discussions for a funding round as it looks to scale up its ......
General
Grapevine: KKR, CDPQ eye road asset; JBM Auto leads race for SML Isuzu
US-based private equity firm KKR and Canadian pension fund CDPQ are among a number of foreign investors looking to ......
Consumer
Investcorp realises modest returns from 11-year-old consumer bet
Bahrain-based global investment manager Investcorp has partially exited a more than a decade-old consumer bet by selling......
General
Govt may ask lawyers to report clients' dubious transactions
India's government is planning to ask lawyers to keep a record of all transactions with their clients and share any ......
Manufacturing
Nissan COO Ashwani Gupta, once seen as CEO candidate, to leave company
Nissan Motor's Chief Operating Officer Ashwani Gupta will leave the Japanese automaker later this month to pursue ......
General
Co-founder harmony: Pharmeasy's Parekh weighs in at VCCircle Founders' Forum
Having clarity about equally divided roles and responsibilities in terms of commercial arrangements, along with keeping ......
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