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ICICI Bank ups stake in GIFT City's India International Exchange

Finance

21 August, 2020

ICICI Bank ups stake in GIFT City's India International Exchange

ICICI Bank has increased its stake in India International Exchange Ltd, housed in Gujarat’s GIFT City, with a fresh investment. The...

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Sundaram Alternate's Chandrasekaran on how developers, NBFCs can tide over the crisis

Finance

21 August, 2020

Sundaram Alternate's Chandrasekaran on how developers, NBFCs can tide over the crisis

Sundaram Alternate Assets Ltd, the alternative investment arm of Sundaram Asset Management Company Ltd, manages two real estate-focused credit funds ......

Grapevine: Saudi's PIF to invest in RIL InvIT; Lexington may buy IL&FS education arm

General

21 August, 2020

Grapevine: Saudi's PIF to invest in RIL InvIT; Lexington may buy IL&FS education arm

Saudi Arabia’s Public Investment Fund (PIF) has initiated discussions to invest up to $1 billion (Rs 7,495 crore) in Reliance...

Rising inflation ties monetary policy panel's hands on rate cuts

Economy

20 August, 2020

Rising inflation ties monetary policy panel's hands on rate cuts

Rising inflation has complicated the task of India’s monetary policy committee and could limit its ability to support growth,...

Grapevine: Adani eyes coal-fired plant; Carlyle to invest in Axis Bank

General

20 August, 2020

Grapevine: Adani eyes coal-fired plant; Carlyle to invest in Axis Bank

Adani Power is looking to acquire a 414 megawatt (MW) coal-fired plant near Chennai from OPG Power Ventures for up ......

India faces protracted slowdown as virus clouds rural revival

Economy

20 August, 2020

India faces protracted slowdown as virus clouds rural revival

India is staring at a protracted slowdown as coronavirus cases reach its countryside, with signs of recovery in the rural ......

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What the tweaks in Avendus co-founders' roles mean for the KKR-backed firm

Finance

19 August, 2020

What the tweaks in Avendus co-founders' roles mean for the KKR-backed firm

Diversified financial services firm Avendus Group has tweaked the roles and designations of its co-founders to better help the...

CCI throws out antitrust complaint against WhatsApp

TMT

19 August, 2020

CCI throws out antitrust complaint against WhatsApp

India's antitrust watchdog has dismissed a case against Facebook's WhatsApp, saying the company has not abused its dominant...

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As pandemic pummels India Inc, a look at outliers defying the virus siege

General

19 August, 2020

As pandemic pummels India Inc, a look at outliers defying the virus siege

Even as coronavirus hammers India Inc black and blue, a few companies have emerged as outliers in the pandemic clocking ......

Grapevine: Times Group to sell minority stake in web arm; T Rowe to up UTI Trustee holding

General

19 August, 2020

Grapevine: Times Group to sell minority stake in web arm; T Rowe to up UTI Trustee holding

US asset manager T Rowe Price is looking to increase its stake from 26% to 51% in UTI Trustee Company ......

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