Others
Infrastructure
High debt, project delays mar Sterlite Power Transmission's quest for profit
At first glance, Sterlite Power Transmission Ltd appears to be on a roll. Its business grew, revenue rose, asset size ......
Infrastructure
Piramal Capital set to lose Bengaluru real estate investment head
Piramal Capital & Housing Finance, a wholly owned subsidiary of Piramal Enterprises Ltd, will soon see the departure of its...
General
Grapevine: Stake sale of Hero Future likely; China's Fosun ends healthcare deal talks
Hero Future Energies Pvt. Ltd, which produces solar and wind energy, is exploring an opportunity to sell a stake and ......
TMT
Govt quizzing owners of banned Chinese apps over content and practices
Chinese companies such as TikTok-owner ByteDance have been asked by India to answer 77 questions about their apps that have ......
Infrastructure
M3M India raises debt funding from Oaktree Capital
Gurugaon developer M3M India Pvt. Ltd has raised Rs 570 crore ($76 million) from American alternative investment manager Oaktree...
Economy
Wholesale prices contract for third month in June
India’s wholesale price gauge contracted for a third month in June, data released by the Ministry of Commerce and Industry...
Manufacturing
India auto sales tank in June, will take 3-4 years to recover: SIAM
Domestic car and SUV sales in India fell 50% in June, an industry body said on Tuesday, as coronavirus-related lockdowns ......
Finance
Banks scramble to beef up defences as coronavirus threatens to sour loan books
Banks across the nation are raising or proposing to raise at least Rs 1.4 trillion ($19 billion) as the industry ......
General
Grapevine: Promoter, two PE firms to part-exit Sahajanand; SoftBank may back Unacademy
The promoter of Sahajanand Medical Technologies Pvt. Ltd, India’s largest cardiac stent maker, along with two private equity...
Economy
Retail inflation accelerates in June on costlier food items
India’s annual retail inflation rose to 6.09% in June compared with 5.84% in March, pushed by a bigger increase in ......
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