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L Catterton signs follow-on cheque for pandemic-hit restaurant chain

Consumer

03 February, 2021

L Catterton signs follow-on cheque for pandemic-hit restaurant chain

Singapore based private equity (PE) firm L Catterton has made a follow-on investment in one of its portfolio companies in ......

Indian services industry improved in January; job cuts continued

Economy

03 February, 2021

Indian services industry improved in January; job cuts continued

Growth in India's dominant services sector picked up in January as demand improved and consumer optimism was buoyed by the...

Jeff Bezos to step down as Amazon CEO, AWS chief Andy Jassy to take charge

People

03 February, 2021

Jeff Bezos to step down as Amazon CEO, AWS chief Andy Jassy to take charge

Amazon founder Jeff Bezos is stepping down as CEO of the $1.69 trillion technology company. In a letter to employees ......

Why bankers want more clarity on the government's proposed DFI

Finance

02 February, 2021

Why bankers want more clarity on the government's proposed DFI

The new development financial institution (DFI) mooted in Budget 2021 will require substantial upfront investment by the government...

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Office space poised for growth as economy seen recovering: Brookfield's Ankur Gupta

Infrastructure

03 February, 2021

Office space poised for growth as economy seen recovering: Brookfield's Ankur Gupta

India’s real estate investment trust (REIT) market has come a long way. Brookfield India REIT, the third such offering in ......

Budget 2021: No agritech focus, startups pin hopes on agri-infra, credit allocations

TMT

02 February, 2021

Budget 2021: No agritech focus, startups pin hopes on agri-infra, credit allocations

In the absence of specific initiatives for agritech businesses in the latest budget, startups in the sector hope to leverage ......

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Advent International executive resigns to join sovereign wealth fund

People

02 February, 2021

Advent International executive resigns to join sovereign wealth fund

A top Advent International executive has resigned to join a United Arab Emirates-based sovereign wealth fund, as the latter builds...

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Value Lens: Brookfield India REIT shows larger discount to asset value than peers

Infrastructure

02 February, 2021

Value Lens: Brookfield India REIT shows larger discount to asset value than peers

In the initial public offering tomorrow, Brookfield India REIT’s units have been priced at a 12% discount to their net ......

Motilal Oswal's i-banking unit ropes in Centrum exec

Finance

02 February, 2021

Motilal Oswal's i-banking unit ropes in Centrum exec

The investment banking arm of financial services group Motilal Oswal has roped in an executive from Centrum Capital Ltd to ......

Wider fiscal deficits could pressure India's ratings, says Fitch

Economy

02 February, 2021

Wider fiscal deficits could pressure India's ratings, says Fitch

Wider fiscal deficits and a more gradual pace of consolidation will lift the Indian government's debt and pressure its sovereign...

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