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Finance
IL&FS says aims to resolve nearly 60% of debt despite pandemic delays
India’s Infrastructure Leasing & Financial Services (IL&FS) said on Monday it expected to resolve about 57% of its...
Finance
Fair-practice norms may prompt ARCs to cherry-pick deals, improve transparency
While the Indian stressed asset market is often seen as dismal, the global slowbalisation has tightened the screws on the ......
General
Grapevine: Kedaara to join Dream11 funding; 100% FDI likely in finished housing projects
Homegrown Kedaara Capital is vying for a spot in the $200 million (about Rs 1,500 crore) fundraising exercise of fantasy ......
Finance
Blackstone-owned Aadhar Housing's CEO on pandemic's impact on business and more
In February 2019, Blackstone Group, the world’s largest private equity firm, inked a pact to acquire Aadhar Housing Finance Ltd. ......
People
Shiv Nadar steps down as HCL Tech chairman, daughter takes over
Roshni Nadar Malhotra, the daughter of HCL Technologies Ltd founder Shiv Nadar, has been appointed as the chairperson of the ......
General
Grapevine: Indiabulls Housing Finance to sell loans; Mindspace REIT IPO soon
Indiabulls Housing Finance is in talks with Deutsche Bank, Oaktree Capital, Brookfield and SSG Capital, among others, to sell...
General
India's coronavirus cases exceed one million as pandemic hits villages
India on Friday became the third country in the world to record more than one million coronavirus cases, behind only ......
Finance
State Bank of India veteran to take over as SBI Card CEO
SBI Cards & Payments Services Ltd has appointed Ashwini Kumar Tewari as its managing director and chief executive officer,...
TMT
Alibaba's UCWeb lays off India staff, Club Factory halts payments after app ban
Alibaba Group Holding Ltd's subsidiary UC Web is slashing staff in India after a ban on 59 Chinese-origin mobile apps ......
TMT
Reliance emerging as bigger threat for Amazon, Walmart
A $20 billion fund raising spree may take India's Reliance closer to its dream of becoming a digital giant, further ......
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