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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...
General
Grapevine: Saudi fund, General Atlantic may back Jio; Medlife seeks funding
Saudi Arabia’s $320 billion sovereign wealth fund and private equity firm General Atlantic are exploring options to invest...
Finance
Risk pricing has been appropriate over last 18 months: o3 Capital credit chief
With Franklin Templeton winding down six of its debt schemes and BOI AXA Mutual Fund marking down various debt securities, ......
Finance
As smaller life insurers lose ground, will coronavirus drive consolidation?
Small private-sector life insurance companies lost ground to their bigger peers as a slowdown began to singe the Indian economy...
Manufacturing
Govt issues guidelines for post-lockdown factory restarts after fatal gas leak
India has issued guidelines to ensure the safe restart of manufacturing facilities, after a weeks' long nationwide lockdown...
TMT
Startups get creative as coronavirus crisis fuels funding crunch
Samik Sarkar was managing to eke a profit out of his online apparel store before the coronavirus crisis hit India, ......
Economy
Budget math changes as govt increases FY21 borrowing by 54%
The Indian government plans to borrow 12 trillion rupees ($160 billion) in the fiscal year to March 2021, up from ......
TMT
Uber posts $2.9 bn Q1 loss, sees rides recovering from coronavirus lows
Uber Technologies Inc's ride service bookings slowly recovered in recent weeks as the company expects a coronavirus-related...
Healthcare
Kitara Capital-backed Vivimed Labs hires FMCG veteran as CEO
Specialty chemicals and pharmaceuticals supplier Vivimed Labs Ltd has appointed a veteran of the fast-moving consumer goods sector...
Finance
China-backed AIIB approves $500 mn loan for India's COVID-19 response
Beijing-backed Asian Infrastructure Investment Bank (AIIB) said on Friday it had approved a $500 million loan to India to help...
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