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Economy
Global economy already in recession on coronavirus crisis: Poll
The global economy is already in a recession as the hit to economic activity from the coronavirus pandemic has become ......
General
Grapevine: BigBasket eyes Milkbasket, DailyNinja; SoftBank seeks $10 bn for Vision Fund
Online grocery major Bigbasket is in talks to acquire micro-delivery startup Milkbasket and hyperlocal delivery startup DailyNinja,...
Finance
Non-bank lender BlackSoil gets debt funding from family offices, HNIs
Mumbai-based non-banking financial company BlackSoil Capital Pvt. Ltd has raised debt capital by issuing non-convertible debentures...
Finance
NBFCs must adapt, make loans to sell and not hold: U Gro's Shachindra Nath
Shachindra Nath, a financial services veteran, started providing loans to small businesses last year under non-banking financial firm U Gro ......
General
Govt bars international flights for one week to battle coronavirus
India's government said on Thursday it will ban all scheduled international commercial passenger flights from landing in the...
Infrastructure
IndiGo cuts staff pay as coronavirus curbs air travel
India’s biggest airline IndiGo has cut the salaries of most employees by between 5% and 20% in response to the ......
Finance
Billionaire BR Shetty steps down from Finablr unit Travelex's board
Currency service provider Travelex said on Wednesday the UAE-based Indian billionaire B.R. Shetty and two other directors have...
Finance
Ashok Leyland to raise stake in NBFC arm Hinduja Leyland Finance
Hinduja Group flagship Ashok Leyland Ltd plans to buy an additional 19% stake in group company Hinduja Leyland Finance Ltd ......
Opinion
How dealmakers should approach new transactions amid virus turmoil
The ongoing global healthcare pandemic because of the COVID-19, the disease caused by a novel coronavirus, has created a business...
General
Grapevine: GAIL to buy into ACME Solar Holding
State-owned GAIL, formerly known as Gas Authority of India Ltd, is in talks to pick up 49-74% stake in privately ......
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