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General
Grapevine: KKR, Carlyle, Apax circle JB Chemicals; RIL eyes NetMeds
Global buyout funds KKR, Carlyle, Apax Partners, and PAG have submitted non-binding bids to acquire JB Chemicals and Pharmaceuticals...
Economy
India's services activity collapses as coronavirus cripples global demand
India’s services activity suffered a shock collapse in April as the coronavirus lockdown crippled global demand, causing...
TMT
Airbnb lays off 25% of workforce as coronavirus hits home rentals
Airbnb Inc is laying off 25% of its workforce, or nearly 1,900 employees, the home rental startup said on Tuesday, ......
Economy
Govt hikes taxes on petrol, diesel to boost revenue
India late on Tuesday increased its taxes and duties on petrol and diesel instead of passing on the benefit of ......
General
Grapevine: KKR looks to pick up 20% stake in Piramal's pharma biz
Piramal Enterprises is looking to sell up to 20% stake in its pharmaceuticals business at a valuation of Rs 3,500 ......
General
Global coronavirus deaths exceed quarter of a million
Global coronavirus deaths reached 250,000 on Monday after recorded infections topped 3.5 million, a Reuters tally of official...
TMT
Temasek-backed CureFit lays off 800 employees, mulls all-digital move
Indian gym and wellness startup cure.fit has laid off as many as 800 of its staff across the country and ......
Finance
Small finance banks predict six-month recovery from corona, MSME loans to reel most
As the country relaxes the lockdown and permits agricultural, construction and industrial activity in rural red zones, small finance...
Finance
Expect IPO activity to be pushed back by six to nine months: EY's Sandip Khetan
Indian companies and stock market investors were hoping for a rebound in primary market activity this year after a sluggish ......
Finance
IC Universal Legal appoints new partner, announces promotions across levels
Full-service law firm IC Universal Legal Advocates & Solicitors has announced the appointment of a new partner to its Mumbai...
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