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Infrastructure
Can Texmaco Rail stay on track despite wobbly economy, high working capital?
On March 22, two days before India went into a strict lockdown to control the coronavirus pandemic, Indian Railways halted ......
Infrastructure
Malaysian carrier AirAsia hints at possible exit from India
Malaysia's flagship budget carrier AirAsia Group Bhd has given its strongest indication to date that it could exit India,...
Consumer
Edelweiss ARC to pick up stake in liquor maker in debt recast move
Edelweiss Asset Reconstruction Company Ltd will pick up a minority stake in a publicly listed liquor company as part of ......
Consumer
Multiples PE-backed Arvind Fashions gets new CEO
Arvind Fashions Ltd, which owns the Flying Machine brand of denim apparel, has named Shailesh Chaturvedi as the new chief ......
Finance
India Inc reins in FY20 ad costs even as some ramp up in pre-Covid days
Corporate India curbed advertising expenses for 2019-20 even before the slowing economy took a turn for the worse at the ......
TMT
LEAD School's Sumeet Mehta on profitability, pandemic's impact on education and more
Ed-tech company LEAD School is aiming to combine a business-to-business (B2B) model with an element of impact, by bridging learning ......
Infrastructure
Reliance to invest in Bill Gates' climate change firm Breakthrough Energy
Reliance Industries Ltd has decided to invest $50 million (about Rs 373 crore at current exchange rates) in a US-based ......
Economy
Retail inflation remains over 7% for second straight month in October
India's retail inflation remained above 7% in October for a second straight month as vegetable prices stayed at elevated levels,...
General
Grapevine: Gold-loan startup Rupeek in fundraising talks with growth-stage investors
Gold-loan startup Rupeek is in talks with several growth-stage investors to raise up to $100 million (about Rs 745 crore) ......
Economy
Moody's expects India GDP to shrink by 8.9% in 2020
Moody's Investors Service said on Thursday it expects India's economy to shrink by 8.9% in the 2020 calendar year due...
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