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Café Coffee Day operator hires EY to evaluate potential suitors

Consumer

05 June, 2020

Café Coffee Day operator hires EY to evaluate potential suitors

Coffee Day Global, which owns the Café Coffee Day (CCD) chain founded by the late VG Siddhartha, has appointed Ernst ......

Finance

05 June, 2020

RBI creates $66 mn fund to boost digital payments in smaller cities

The Reserve Bank of India has created a Rs 500-crore ($66 million) Payments Infrastructure Development Fund to facilitate digital...

Infrastructure

05 June, 2020

Veteran developer KP Singh retires, son to take over reins at DLF

KP Singh, non-executive director and chairman at DLF Ltd, resigned from his position on Thursday as part of succession planning,...

General

05 June, 2020

Grapevine: HDFC may raise at least $1 bn; Petronas may invest in Tata Power's InvIT

Mortgage lender HDFC is looking to raise at least $1 billion (Rs 7,540 crore at current exchange rate) through a ......

Infrastructure

04 June, 2020

Allianz Real Estate sees Asian assets rising to 10-15% of global AUM

Allianz Real Estate sees an opportunity to expand its asset allocation in Asia to 10-15% in the medium term, the ......

Premium

Finance

04 June, 2020

In Charts: Bad loans spike most at these NBFCs, leaving them exposed to corona crisis

Earlier this week, ratings agency Moody’s Investor Services said that the decision by India’s central bank to extend...

Finance

04 June, 2020

Lenders seek RBI nod to recast over $40 bn potential NPAs

Lenders have sought permission from the Reserve Bank of India (RBI) to restructure loans worth Rs 3 trillion ($40 billion) ......

TMT

04 June, 2020

Why investors are betting on Reliance Jio and its giant-killer playbook

From its Silicon Valley-like campus near Mumbai, Indian billionaire Mukesh Ambani's Jio telecom carrier is emerging as a winner...

Finance

03 June, 2020

Coronavirus, IBC suspension to drag down realisations for creditors: ICRA

The coronavirus pandemic and the suspension of new proceedings under the Insolvency and Bankruptcy Code (IBC) will likely drag...

General

03 June, 2020

Grapevine: Future group to sell some brands; Adani reconsiders investment plans

Kishore Biyani’s Future group plans to sell some of its prominent in-house brands like Cover Story under its apparel retail...

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