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Infrastructure
CPPIB-backed IndoSpace Core raises $133 mn in debt funding
Warehouse developer IndoSpace Core has raised Rs 1,000 crore (around $132.7 million) in the form of a debt facility from ......
Finance
India Inc's revenue, profit pain intensified in Jan-March even before lockdown
Even before the Indian economy faced the brunt of economic lockdown due to the coronavirus pandemic, almost half of the ......
General
Jet Airways lenders make fourth attempt to sell grounded carrier
Lenders to Jet Airways have decided to invite fresh expressions of interest for selling a stake in the bankrupt airline....
General
PM Modi announces $266 bn package for virus-hit economy
Prime Minister Narendra Modi announced a 20 trillion rupee ($266 billion) support package for India’s economy on Tuesday...
Manufacturing
Manufacturing output contracts 20.6% in March; April inflation data on hold
India’s manufacturing output contracted by more than a fifth in March from a year earlier, fanning hopes that the central...
General
Global coronavirus infections cross 4.2 mn, death toll moves past 285,000
More than 4.2 million people have been reported to be infected by the novel coronavirus globally and 285,339 have died, ......
General
Grapevine: PE funds in fray to buy Reliance's power distribution biz; Nippon eyes stake in IndusInd
Rahul Bhatia, who is the biggest shareholder of Indian budget carrier IndiGo, is considering a bid for Virgin Australia Holdings...
Manufacturing
Automakers warn of up to 45% sales drop as economy slumps
India's automakers have warned that total automobile sales could fall as much as 45% in the current fiscal year in ......
General
Govt looks to ease lockdown even as coronavirus infections jump
Prime Minister Narendra Modi said on Monday the country would look to ease a nearly seven-week lockdown aimed at preventing ......
Finance
Banks weigh Sashakt panel-proposed fund to turn around stressed assets
Indian banks have revived discussions on setting up an asset management company and an alternative investment fund of around Rs...
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