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India may see 0% GDP growth this fiscal year: Moody's

Economy

08 May, 2020

India may see 0% GDP growth this fiscal year: Moody's

The impact of the coronavirus outbreak will exacerbate the material slowdown in India’s economic growth, with the country...

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Work-from-home surge won't have much impact on office, residential realty: JLL's Nair

Infrastructure

08 May, 2020

Work-from-home surge won't have much impact on office, residential realty: JLL's Nair

The real estate market is facing problems at multiple levels in the pandemic. Sales are dwindling, construction has come to ......

Grapevine: Biyani seeks Blackstone help to cut debt; Reliance may sell Asian Paints stake

General

08 May, 2020

Grapevine: Biyani seeks Blackstone help to cut debt; Reliance may sell Asian Paints stake

Kishore Biyani’s Future Group has approached private equity (PE) firms, including its existing investor Blackstone, as it...

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Realty Scan: How IndoSpace grabbed pole position in Indian warehousing

Infrastructure

07 May, 2020

Realty Scan: How IndoSpace grabbed pole position in Indian warehousing

Until a few years ago a warehouse in India usually meant a glorified godown at best and a tin-roof storage ......

Grapevine: Biyani to sell more stake in Future Retail to Amazon

General

07 May, 2020

Grapevine: Biyani to sell more stake in Future Retail to Amazon

Private equity firm CVC Capital Partners is expected to buy a large stake in HealthCare Global Enterprises Ltd (HCG), which ......

Coronavirus cases in India jump to almost 53,000, death toll nears 1,800

General

07 May, 2020

Coronavirus cases in India jump to almost 53,000, death toll nears 1,800

The number of coronavirus infections rose to 52,952 in India, up by 3,561 over the previous day, the health ministry ......

Zomato targets push into alcohol deliveries to cash in on lockdown

TMT

07 May, 2020

Zomato targets push into alcohol deliveries to cash in on lockdown

Indian food delivery company Zomato aims to branch out into delivering alcohol, according to a document seen by Reuters, as ......

Uber to cut 3,700 jobs, CEO Khosrowshahi to waive base salary

TMT

06 May, 2020

Uber to cut 3,700 jobs, CEO Khosrowshahi to waive base salary

Uber Technologies Inc will cut about 3,700 full-time jobs and Chief Executive Officer Dara Khosrowshahi will forgo his base salary...

Baring PE Asia-controlled NIIT Tech to be renamed Coforge

TMT

06 May, 2020

Baring PE Asia-controlled NIIT Tech to be renamed Coforge

Noida-based software services company NIIT Technologies Ltd’s board has approved the change of its name to Coforge Ltd. The...

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How banks' credit growth slumped across sectors in the wake of coronavirus

Finance

06 May, 2020

How banks' credit growth slumped across sectors in the wake of coronavirus

In the last week of April, one month into the national lockdown, commercial banks parked more than Rs 7 trillion ......

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