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Credit Suisse ropes in Kotak Mahindra Bank execs for India wealth management team

Finance

02 March, 2021

Credit Suisse ropes in Kotak Mahindra Bank execs for India wealth management team

The domestic arm of global financial services company Credit Suisse has roped in two seniors from Kotak Mahindra Bank for ......

Shapoorji Real Estate Fund exec joins U GRO as treasury chief

People

02 March, 2021

Shapoorji Real Estate Fund exec joins U GRO as treasury chief

Publicly listed fintech platform U GRO Capital has hired Shapoorji Real Estate Fund’s Amit Gupta as chief treasury officer,...

Walmart's Flipkart expands grocery sales to more Indian cities

TMT

02 March, 2021

Walmart's Flipkart expands grocery sales to more Indian cities

Walmart-owned Flipkart will sell groceries online in more Indian cities, as it seeks to compete better with Amazon and Reliance...

Grapevine: JM Baxi, others eye SCI privatisation; KKR, others may join bad bank

General

02 March, 2021

Grapevine: JM Baxi, others eye SCI privatisation; KKR, others may join bad bank

The United States-based Safesea Group and ship operator JM Baxi & Co have submitted expressions of interest (EoIs) to participate...

J&J working to bring very high capacity plant in India: Exec

Healthcare

02 March, 2021

J&J working to bring very high capacity plant in India: Exec

Johnson & Johnson is waiting on regulatory approval of a new, larger plant operated by contract manufacturer Catalent Inc...

Premium
Gujarat pharma firm to hit the rocks three years after bankruptcy

Healthcare

01 March, 2021

Gujarat pharma firm to hit the rocks three years after bankruptcy

A Vadodara-based pharmaceuticals company, which entered insolvency three years ago, will collapse into liquidation as the apex...

KPMG India appoints Accenture's Anindya Basu as national managing partner

Finance

01 March, 2021

KPMG India appoints Accenture's Anindya Basu as national managing partner

The Indian arm of multinational professional services firm KPMG has appointed an Accenture executive as its national managing...

Indian mobile retailers call for Amazon probe, cap on online smartphone sales

TMT

01 March, 2021

Indian mobile retailers call for Amazon probe, cap on online smartphone sales

An Indian trade group representing 150,000 mobile phone stores on Monday urged Prime Minister Narendra Modi to investigate Amazon's...

Grapevine: Adani Green, Amplus eye deals; Cube Highways mulls stake sale, InvIT

General

01 March, 2021

Grapevine: Adani Green, Amplus eye deals; Cube Highways mulls stake sale, InvIT

Clean energy developer Adani Green Energy Ltd (AGEL) is in advanced discussions to acquire a 250MW solar power project operated...

Premium
DHFL, Jet Airways lead a busy month for stressed asset deals in February

Finance

01 March, 2021

DHFL, Jet Airways lead a busy month for stressed asset deals in February

February was marked by movement in two large stressed assets deals -- Dewan Housing Finance Corporation Ltd (DHFL) and Jet ......

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