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General
From carats to peanuts: How a pandemic upended global diamond industry
As the coronavirus pandemic upended the global diamond industry, shuttering mines from Lesotho to Canada and disrupting supply...
Finance
Tax authorities raid Chinese entities for money laundering
Indian tax authorities raided the premises of a few Chinese entities and their associates for money laundering, according to an...
General
Grapevine: Tatas seek financial partner for Air India; Zomato eyes $200 mn from Tiger Global
The Tata group is seeking financial partners to join in their bid for Air India, people in the know told ......
Finance
RBI's debt revamp proposal to prolong banks' asset quality uncertainty: Fitch
A one-time debt restructuring allowed by the Reserve Bank of India (RBI) to help lenders and borrowers amid the COVID-19 ......
Manufacturing
India's virus-hit industrial output shrinks 16.6% in June
India’s industrial output fell 16.6% year-on-year in June, shrinking for the fourth month in a row, though the monthly measure...
Finance
Bank of Baroda aims to recover $1.7 bn of bad loans in FY21, about half via bankruptcy
Bank of Baroda aims to recover not less than Rs 13,000 crore ($1.74 billion) worth of non-performing assets (NPAs) for ......
Finance
SoftBank drops operating profit measure, notes $2.8 bn Vision Fund gain
SoftBank Group Corp broke with tradition on Tuesday and did not disclose operating profit in its quarterly results, saying the...
General
Grapevine: ICICI Lombard eyes Bharti AXA; Hinduja Leyland Finance to raise funding
ICICI Lombard General Insurance Co Ltd – India’s largest private-sector non-life insurer – is in an advanced...
General
Global coronavirus cases double in just 43 days to hit 20 mn
Global coronavirus cases pushed past 20 million on Monday, according to a Reuters tally, with the United States, Brazil and ......
Finance
Waterfield appoints BNP Paribas Wealth exec as head of listed investments
Waterfield Advisors has roped in an executive from BNP Paribas Wealth Management as its chief investment officer (CIO) of listed...
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