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TMT
SoftBank-backed Oyo to offload more loss-making hotels amid pandemic
India’s Oyo Hotels and Homes, backed by SoftBank Group, plans to offload more properties around the world, three sources...
TMT
SoftBank writes down WeWork by $6.6 bn, compounding portfolio misery
SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) in the year ending March ......
TMT
Indifi's Alok Mittal on how the pandemic may impact fintech lenders
The coronavirus pandemic and the nationwide lockdown have crippled business activities. This will impact banks, non-bank lenders and fintech firms, ......
Healthcare
NMC founder BR Shetty says private probe finds fraud, wants to clear his name
The founder of troubled hospital operator NMC Health, BR Shetty, said on Wednesday a probe conducted by his own advisors ......
Finance
Indians switch to bank deposits as concerns grow over debt funds
Rattled by the shock closure of some high-profile domestic funds investing in high-yielding debt, Indian investors are quickly...
TMT
Global lobbying groups ask India to delay new digital tax
Nine lobbying groups including the U.S. Chamber of Commerce have urged India to delay a new digital tax that will ......
General
Grapevine: KKR leads race for Piramal pharma stake; Glaxo looks to sell HUL holding
10i Commerce Services Pvt. Ltd, which provides a business-to-business e-commerce platform for small retailers under the brand...
Finance
InCred group scoops up debt capital markets team from Mumbai firm
The capital markets, asset management and investment banking unit of Mumbai-based lender InCred Financial Services Ltd has roped...
Healthcare
Serum Institute to make millions of potential coronavirus vaccine doses
The Serum Institute of India said on Tuesday it plans this year to produce up to 60 million doses of ......
Finance
Carlyle-backed PNB Housing appoints SBI veteran as interim CEO
PNB Housing Finance Ltd said on Tuesday it has appointed Neeraj Vyas as its interim managing director and chief executive ......
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