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India bans Alibaba's app, 42 others as it takes on China

TMT

24 November, 2020

India bans Alibaba's app, 42 others as it takes on China

India banned 43 mobile applications on Tuesday including Alibaba Group Holding Ltd's e-commerce app Aliexpress in a new wave...

Grapevine: Google eyes Twitter-backed ShareChat; Apollo Global joins fray for BPCL

General

24 November, 2020

Grapevine: Google eyes Twitter-backed ShareChat; Apollo Global joins fray for BPCL

Google is in preliminary talks to acquire Twitter-backed regional language social media platform ShareChat at a valuation of over...

Sembcorp, Aljomaih push Indian solar power tariffs to record low

Infrastructure

24 November, 2020

Sembcorp, Aljomaih push Indian solar power tariffs to record low

The Indian units of Singapore-based Sembcorp Industries Ltd and Saudi Arabia-based Aljomaih Holding Co won government auctions...

Indian drugmakers may benefit as EU mulls easier access to generics

Healthcare

24 November, 2020

Indian drugmakers may benefit as EU mulls easier access to generics

The European Commission wants to make it easier for patients to access cheaper, generic medicines, a draft EU document seen ......

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PE-backed AU Small Finance Bank sells stake in former housing fin arm

Finance

23 November, 2020

PE-backed AU Small Finance Bank sells stake in former housing fin arm

Private equity-backed AU Small Finance Bank Ltd has all but exited its residual holding stake in Aavas Financiers Ltd, an ......

Coal India to invest over $760 mn over 4 yrs in solar projects

Infrastructure

23 November, 2020

Coal India to invest over $760 mn over 4 yrs in solar projects

Coal India Ltd, the world's largest coal miner, said on Monday it would invest Rs 5,650 crore ($763 million) by ......

S&P skeptical of allowing corporates into Indian banking

Finance

23 November, 2020

S&P skeptical of allowing corporates into Indian banking

S&P Global Ratings said on Monday the recommendation by a committee of the Indian central bank to allow large industrial ......

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Healthium CEO on how coronavirus will change the medical devices sector in India

Healthcare

23 November, 2020

Healthium CEO on how coronavirus will change the medical devices sector in India

In 2018, Apax Partners acquired a controlling stake in Healthium Medtech Pvt Ltd from investors including TPG Growth, CX Partners ......

Grapevine: Blackstone to lose Amit Jain, may exit Mphasis

General

23 November, 2020

Grapevine: Blackstone to lose Amit Jain, may exit Mphasis

Blackstone India senior managing director Amit Jain is set to quit but yet to formally put in his papers, Bloomberg ......

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What RBI panel's report means for banking sector, top banks, NBFCs and SFBs

Finance

20 November, 2020

What RBI panel's report means for banking sector, top banks, NBFCs and SFBs

An internal panel of the Reserve Bank of India has suggested allowing large corporate houses to own significant stakes in ......

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