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Tata Motors unit Jaguar Land Rover names ousted Renault boss as CEO

Manufacturing

28 July, 2020

Tata Motors unit Jaguar Land Rover names ousted Renault boss as CEO

Jaguar Land Rover (JLR) has picked ousted Renault boss Thierry Bollore as its next chief executive, with a mission to ......

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Value Lens: How ITC priced Sunrise Foods and what it could mean for other spice makers

Consumer

28 July, 2020

Value Lens: How ITC priced Sunrise Foods and what it could mean for other spice makers

In May, the cigarettes-to-hotels conglomerate ITC Ltd agreed to purchase spices maker Sunrise Foods Pvt. Ltd as part of efforts...

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LNJ Bhilwara's power biz lowers debt but reduced snow melt threatens hydel cash flow

Infrastructure

28 July, 2020

LNJ Bhilwara's power biz lowers debt but reduced snow melt threatens hydel cash flow

Noida-based LNJ Bhilwara group entered the power sector in 2001, when its subsidiary Malana Power Co. Ltd began operating a ......

Grapevine: RIL may buy Future retail biz for $3.6 bn; LIC shortlists bankers for pre-IPO

General

28 July, 2020

Grapevine: RIL may buy Future retail biz for $3.6 bn; LIC shortlists bankers for pre-IPO

Reliance Industries Ltd (RIL) may acquire Future Group’s retail business for up to Rs 27,000 crore ($3.6 billion), two people...

Govt to boost drug and medical device production to cut imports

Healthcare

27 July, 2020

Govt to boost drug and medical device production to cut imports

India’s chemicals minister on Monday outlined plans to boost local manufacturing in the bulk drugs and medical device industries...

Grapevine: Brookfield gears up for REIT's IPO; Sequoia loses senior exec

General

27 July, 2020

Grapevine: Brookfield gears up for REIT's IPO; Sequoia loses senior exec

Canada’s Brookfield Asset Management plans to raise up to $700 million (Rs 5,230 crore) by listing a real estate investment...

Indian court summons Alibaba, Jack Ma on former employee's complaint

TMT

27 July, 2020

Indian court summons Alibaba, Jack Ma on former employee's complaint

An Indian court has summoned Alibaba and its founder Jack Ma in a case in which a former employee in ......

US hedge fund, SBI MF get nod to raise stake in IndusInd Bank, CSB Bank

Finance

24 July, 2020

US hedge fund, SBI MF get nod to raise stake in IndusInd Bank, CSB Bank

The Reserve Bank of India has allowed two shareholders of IndusInd Bank and CSB Bank to increase their individual stakes ......

Banks' bad debt to jump amid COVID-19 pandemic: RBI report

Finance

24 July, 2020

Banks' bad debt to jump amid COVID-19 pandemic: RBI report

The impact of the COVID-19 pandemic is likely to push up the gross non-performing assets in the Indian banking system ......

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Strategic investor set to exit firm behind Baker Street

Consumer

24 July, 2020

Strategic investor set to exit firm behind Baker Street

A strategic investor, which aimed to pick up a large minority stake in a Mumbai-based owner of Baker Street brand ......

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