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SoftBank-backed OYO to rebrand Hooters hotel in Las Vegas for $135 mn

Consumer

23 August, 2019

SoftBank-backed OYO to rebrand Hooters hotel in Las Vegas for $135 mn

SoftBank Group Corp-backed Indian hotel aggregator Oyo will rebrand a Hooters Casino Hotel in Las Vegas, a deal that a ......

Finance minister seeks antitrust whip on global firms abusing dominance

Finance

23 August, 2019

Finance minister seeks antitrust whip on global firms abusing dominance

Finance Minister Nirmala Sitharaman on Friday asked the country’s anti-trust regulator to take action against global companies having no local ......

India Inc grows impatient as economy dips and Modi is distracted

Economy

23 August, 2019

India Inc grows impatient as economy dips and Modi is distracted

When Prime Minister Narendra Modi was re-elected in May with a sweeping majority, Indian stock markets jumped to all-time highs ......

Xiaomi banks on phone data for finance play in India

Finance

23 August, 2019

Xiaomi banks on phone data for finance play in India

China’s Xiaomi is poised to launch a consumer lending business in India in the coming weeks, making an ambitious tilt ......

Chidambaram sent to CBI custody

Finance

23 August, 2019

Chidambaram sent to CBI custody

A court on Thursday ordered former finance minister P. Chidambaram into police custody for questioning for four days, in a ......

Grapevine: Glenmark may sell API biz stake to Premji; PE firms circle Reliance Group's HQ

General

23 August, 2019

Grapevine: Glenmark may sell API biz stake to Premji; PE firms circle Reliance Group's HQ

Glenmark Pharma is seeking to sell up to 30% stake in Glenmark Life Sciences to PremjiInvest, the family office of ......

Job cuts gather pace in India as automakers halt production to tackle slowdown

Manufacturing

22 August, 2019

Job cuts gather pace in India as automakers halt production to tackle slowdown

With India's auto sales declining for the ninth straight month in July, more automotive manufacturers are laying off workers and ......

Thyssenkrupp files complaint over Brussels' veto against Tata JV

Manufacturing

22 August, 2019

Thyssenkrupp files complaint over Brussels' veto against Tata JV

Thyssenkrupp on Thursday said it is filing a complaint with Europe’s general court to dispute an antitrust decision to block ......

Stingy banks, struggling NBFCs drive credit-starved commoners into pawning family gold

Finance

22 August, 2019

Stingy banks, struggling NBFCs drive credit-starved commoners into pawning family gold

Refused a loan by a state-run lender and desperate for funds to buy cotton seeds before the summer sowing season ......

Former Indian finance minister arrested in corruption case

Finance

22 August, 2019

Former Indian finance minister arrested in corruption case

The Central Bureau of Investigation (CBI) arrested former finance minister P. Chidambaram late on Wednesday in relation to alleged corruption ......

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