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General
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 ......
General
Grapevine: GIC, others may invest in WhiteHat Jr; Future Group may sell logistics biz
Edtech startup WhiteHat Jr is looking to raise up to $50 million (about Rs 380 crore at current exchange rate) ......
Economy
RBI cuts interest rates again, projects GDP to contract in FY21
The Reserve Bank of India on Friday cut interest rates by 40 basis points in a surprise move to revive ......
TMT
Amazon rolls out food delivery services in challenge to Swiggy, Zomato
Amazon.com Inc is rolling out services to deliver food in India, pitting it against established players Swiggy and Zomato in ......
Infrastructure
Why Indian aviation faces a long flight to full recovery from virus impact
The government’s decision to allow domestic carriers to resume partial operations from next week came as a shot of adrenaline...
TMT
Swiggy, Zomato start alcohol deliveries during lockdown
India's top two food-delivery startups, Swiggy and Zomato, will begin delivering alcohol in some cities starting from Thursday,...
General
Grapevine: Ravi Thakran exits L Catterton, KKR eyes Jio, Mahindra solar assets
Private equity veteran Ravi Thakran, who is the managing partner and chairman at consumer-focused PE firm L Catterton Asia Private,...
Infrastructure
Govt allows some flights, asks airlines to follow ticket price rules
India will allow airlines to begin some domestic flights from May 25, its civil aviation minister said on Wednesday, two...
Finance
Investment bank o3 Capital adopts dual strategy for credit business
Mid-market investment banking firm o3 Capital Global Advisory Pvt. Ltd is adopting a two-way strategy to ramp up its credit ......
Infrastructure
ACME Solar scraps supply power deal at record low tariff citing COVID uncertainty
India’s ACME Solar has cancelled a contract with state-run Solar Energy Corp of India (SECI) to supply power at the ......
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