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Grapevine: Qatar to invest in Mumbai airport; Actis, others eye SoftBank stake in JV

General

12 October, 2020

Grapevine: Qatar to invest in Mumbai airport; Actis, others eye SoftBank stake in JV

Adani Airport Holdings Ltd (AAHL) is in advanced talks to raise $750 million (Rs 5,480 crore) from Qatar Investment Authority...

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Indian solar assets are fairly valued for the returns they generate: Amplus MD

Infrastructure

12 October, 2020

Indian solar assets are fairly valued for the returns they generate: Amplus MD

Sanjeev Aggarwal ventured into the solar energy business in 2014, when interest in India’s renewable energy sector had only begun ......

Mantri Developers gets capital from SWAMIH fund for Bengaluru project

Infrastructure

09 October, 2020

Mantri Developers gets capital from SWAMIH fund for Bengaluru project

Bengaluru-based Mantri Developers Pvt. Ltd said Friday it has received funding from the government-sponsored SWAMIH Investment...

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Company watch: Will virus cause only a blip in Creador-backed Kogta's rapid growth?

Finance

09 October, 2020

Company watch: Will virus cause only a blip in Creador-backed Kogta's rapid growth?

Non-bank lender Kogta Financial (India) Ltd aims to diversify its loan book and expects to improve profitability over the next...

How investors, authorities can check greenwashing and boost green financing

Finance

09 October, 2020

How investors, authorities can check greenwashing and boost green financing

Ever since the Paris Climate Agreement came into effect in 2016, when countries committed to fight climate change and promote...

Grapevine: Naspers, TPG to bet on PharmEasy; KSH Infra plans warehousing platform

General

09 October, 2020

Grapevine: Naspers, TPG to bet on PharmEasy; KSH Infra plans warehousing platform

South African technology and media conglomerate Naspers and US-based private equity firm TPG are looking to invest close to $100...

RBI expects GDP to contract 9.5% in FY21, holds rates steady

Economy

09 October, 2020

RBI expects GDP to contract 9.5% in FY21, holds rates steady

The Reserve Bank of India (RBI) left key interest rates unchanged on Friday as widely expected, while retaining an accommodative...

Amazon injects $95.5 mn into India payments unit ahead of festive season

TMT

09 October, 2020

Amazon injects $95.5 mn into India payments unit ahead of festive season

Amazon.com Inc has invested 7 billion rupees ($95.51 million) in its Indian payments unit, ahead of the festive season, data ......

Alibaba-backed Paytm targets 1 mn apps on mini app store to take on Google

TMT

08 October, 2020

Alibaba-backed Paytm targets 1 mn apps on mini app store to take on Google

Alibaba-backed Indian fintech firm Paytm is aiming for a million apps on its "mini app store" by the first quarter ......

South Asia faces worst-ever recession, India GDP to shrink 9.5%: World Bank

Economy

08 October, 2020

South Asia faces worst-ever recession, India GDP to shrink 9.5%: World Bank

Millions of people in South Asia are being pushed into extreme poverty as the region where a quarter of humanity ......

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