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Why the $12-bn bailout for electricity distribution firms won't light up the power sector

Infrastructure

26 May, 2020

Why the $12-bn bailout for electricity distribution firms won't light up the power sector

Earlier this month, the Narendra Modi government decided to provide a credit line of Rs 90,000 crore (almost $12 billion) ......

Singh & Associates appoints L&L lawyer as partner for dispute resolution

People

26 May, 2020

Singh & Associates appoints L&L lawyer as partner for dispute resolution

Full-service law firm Singh & Associates has appointed a managing associate from L&L Partners as a partner for its dispute...

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Fino Payments Bank CEO on why the sector is seen as crisis-proof in the pandemic

Finance

26 May, 2020

Fino Payments Bank CEO on why the sector is seen as crisis-proof in the pandemic

Fino Payments Bank Ltd has turned profitable at the operating level for 2019-20, within three years of starting operations.  Its growth ......

India coronavirus cases rise as millions return home

General

26 May, 2020

India coronavirus cases rise as millions return home

Indian states witnessing millions of migrant labourers returning from the big cities are recording rising coronavirus infections,...

Uber India cuts a quarter of jobs as lockdown hits business

TMT

26 May, 2020

Uber India cuts a quarter of jobs as lockdown hits business

Ride hailing company Uber Technologies Inc’s Indian arm will cut 600 jobs across functions, as it navigates a strict coronavirus...

Grapevine: Alfanar Group to sell India power projects; BigBasket eyes $200 mn funding

General

26 May, 2020

Grapevine: Alfanar Group to sell India power projects; BigBasket eyes $200 mn funding

Saudi Arabia-based Alfanar Group has tasked JM Financial to look for a buyer for half of its 600 megawatts (MW) ......

Jan-March GDP growth likely to be weakest since 2012: Poll

Economy

26 May, 2020

Jan-March GDP growth likely to be weakest since 2012: Poll

India’s economy is likely to have expanded at its slowest pace in at least eight years in the January-March quarter, ......

Amazon to hire 50,000 temp workers in India as lockdown boosts demand

TMT

22 May, 2020

Amazon to hire 50,000 temp workers in India as lockdown boosts demand

Amazon.com Inc's India unit said it would hire 50,000 temporary workers to meet a surge in online shopping in the ......

Women-focussed networking platform Leap Club raises fresh funding

TMT

22 May, 2020

Women-focussed networking platform Leap Club raises fresh funding

Women-focussed networking platform Leap Club raises fresh funding Konflake Tech Pvt. Ltd, which operates the women-focused...

India reports biggest 24-hour rise in virus cases as lockdown eases

General

22 May, 2020

India reports biggest 24-hour rise in virus cases as lockdown eases

India registered some 6,000 new cases of the novel coronavirus on Friday, the country’s biggest jump in 24 hours, as ......

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