Others
General
Grapevine: Torrent Power eyes R-Infra discoms; BNP Paribas Wealth Management India shuts
Anil Ambani’s Reliance Infrastructure has initiated negotiations with Torrent Power to sell its 51% stake each in its two...
Economy
IMF sees ‘profound uncertainty' about global recovery: Gita Gopinath
The International Monetary Fund will likely forecast a worse contraction in the global economy than previously estimated for 2020...
Finance
Avendus hires IIFL, BCCL execs to ramp up wealth management business
Financial services firm Avendus Capital Pvt. Ltd has appointed two executive directors at its wealth management arm, as it overhauled...
Finance
Axis Bank ED Pralay Mondal quits, may lead another lender
Pralay Mondal, executive director for retail banking at Axis Bank, has resigned his position at the private-sector lender and...
Manufacturing
Tata Motors to shed 1,100 JLR jobs after pandemic hits earnings
Tata Motors Ltd expects to shed about 1,100 temporary jobs at Jaguar Land Rover after it raised the cost-cutting target ......
Economy
Indian exports fall by over 36% in May
India’s merchandise exports shrank by more than a third in May from a year ago, dragged down by a fall ......
People
Qyuki founder and angel investor Samir Bangara dies in road accident
Samir Bangara, a former executive of The Walt Disney Company’s India arm and the founder of Qyuki Digital Media Pvt. ......
General
Grapevine: Adani, others circle 3 Odisha discoms; KKR frontrunner for JB Chemicals
The Adani Group, RP-Sanjiv Goenka group’s power utility company CESC Ltd and Tata Power Co. Ltd have evinced interest in...
Infrastructure
Infra projects face delays, cost overruns as lockdown, labour crunch compound woes
India’s infrastructure sector faces tough times ahead as an economic slowdown and a months-long nationwide lockdown that...
Infrastructure
Why real estate investors, developers may favour equity capital in post-virus world
India’s real estate sector may see a shift in capital raising in a post-coronavirus world with more investors and developers...
