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General
Grapevine: Byju's valuation may bump up to $10 bn; Grofers to raise funding
Think and Learn Pvt. Ltd, which operates ed-tech platform Byju’s, is in talks to raise up to $400 million (Rs ......
Manufacturing
India's factory activity slumped to record low in April: PMI
India’s manufacturing activity contracted at its sharpest pace on record in April as a lockdown to combat the rapid spread...
General
Coronavirus lockdown 3.0: Here are India's new rules
Indian Prime Minister Narendra Modi’s government has extended a nationwide coronavirus lockdown until May 17 but has allowed...
General
Global coronavirus cases surpass 3.5 mn, but rate slows
Global coronavirus cases surpassed 3.5 million on Monday, with deaths nearing a quarter of a million, although the rate of ......
Finance
Indian banks' bad debt could double in coronavirus crisis
India expects bad debts at its banks could double after the coronavirus crisis brought the economy to a sudden halt, ......
General
Govt extends lockdown, allows relaxations in lower-risk zones
India said on Friday it would extend its nationwide coronavirus lockdown for another two weeks after May 4, but would ......
Finance
Grapevine: Blackstone, Indian asset managers look to buy L&T Mutual Fund
Private equity giant Blackstone and some Indian asset managers are in the fray to acquire a majority stake in engineering-to-finance...
Infrastructure
India's March infrastructure output contracts 6.5%
India’s annual infrastructure output contracted 6.5% in March, data released on Thursday showed, indicating the impact of...
Manufacturing
Reliance cuts pay of execs in oil unit, Ambani foregoes salary
India’s Reliance Industries has imposed an up to 50% pay cut for some top oil-and-gas division employees, six sources told...
Infrastructure
Chennai builder Casagrand to raise funds via rare entity-level deal
Chennai developer Casagrand Builder Pvt. Ltd is looking to issue fresh shares to raise capital, a top executive told VCCircle, ......
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