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J Sagar Associates promotes three lawyers in markets, deals teams to partners

Finance

16 March, 2020

J Sagar Associates promotes three lawyers in markets, deals teams to partners

Law firm J Sagar Associates has promoted three of its lawyers within its larger finance and corporate practices to equity ......

Grapevine: Prudent ARC, US fund eye Punj Lloyd; Super Vasmol up for sale

General

16 March, 2020

Grapevine: Prudent ARC, US fund eye Punj Lloyd; Super Vasmol up for sale

Prudent ARC and a US-based fund backed by a group of engineering companies have joined the race for Punj Lloyd ......

Crisis-hit Yes Bank plunges into $2.5 bn quarterly loss

Finance

16 March, 2020

Crisis-hit Yes Bank plunges into $2.5 bn quarterly loss

Troubled Indian lender Yes Bank reported a wider-than-expected quarterly loss of 185.6 billion rupees ($2.5 billion), and said...

US Fed slashes rates to zero in emergency move to cushion coronavirus blow

Finance

16 March, 2020

US Fed slashes rates to zero in emergency move to cushion coronavirus blow

The U.S. Federal Reserve and global central banks moved aggressively on Sunday to buttress a world economy unraveling rapidly...

Ascendas India Trust to acquire Arshiya Group's warehouse in Delhi-NCR

Infrastructure

13 March, 2020

Ascendas India Trust to acquire Arshiya Group's warehouse in Delhi-NCR

Ascendas Property Fund Trustee Pte. Ltd, the trustee-manager of Ascendas India Trust (a-iTrust), has struck a deal to buy a ......

Cabinet clears Yes Bank rescue plan; ICICI, Axis, Kotak, HDFC to pitch in

Finance

13 March, 2020

Cabinet clears Yes Bank rescue plan; ICICI, Axis, Kotak, HDFC to pitch in

The Union Cabinet has approved a reconstruction plan for Yes Bank, finance minister Nirmala Sitharaman said on Friday...

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Yes Bank debacle: How healthy are smaller private-sector banks?

Finance

13 March, 2020

Yes Bank debacle: How healthy are smaller private-sector banks?

The Reserve Bank of India’s takeover of Yes Bank has heightened concerns about the health of other private-sector lenders,...

Premium
SAIF Partners-backed FabAlley's co-founder on revenue growth, expansion plan and more

Consumer

13 March, 2020

SAIF Partners-backed FabAlley's co-founder on revenue growth, expansion plan and more

High Street Essentials Pvt. Ltd, the company behind private label fashion brands for women FabAlley and Indya, has grown at ......

Grapevine: 4 banks, others to Yes Bank rescue; Walmart India insider to be CEO

General

13 March, 2020

Grapevine: 4 banks, others to Yes Bank rescue; Walmart India insider to be CEO

State Bank of India or SBI will be joined by private-sector lenders ICICI Bank, HDFC Bank, Axis Bank and Kotak ......

Retail inflation moderates, paves way for RBI action

Economy

12 March, 2020

Retail inflation moderates, paves way for RBI action

India's retail inflation eased to a two-month low in February, helped by a smaller increase in food prices, paving the ......

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