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Grapevine: Warburg Pincus to exit Embassy JV; SBI-led group may buy Yes Bank stake
US-based private equity fund Warburg Pincus is looking to exit Embassy Industrial Parks, its joint venture with Bengaluru-based...
Finance
Govt pushes state banks to boost lending as coronavirus fears grow
India is pushing state-run banks to approve new loans amounting to 500-600 billion rupees ($6.8-8.2 billion) by the end of ......
Finance
Insolvency court orders to liquidate fugitive Nirav Modi's scam-hit firm
Fugitive diamantaire Nirav Modi's firm Firestar Diamond International Pvt. Ltd is set to be liquidated after the Mumbai bench...
TMT
Who are the biggest cash guzzlers in India Startup Inc?
Cash burn is a necessary evil that venture investors have to deal with, but India’s best-funded startups turned more aggressive...
TMT
Supreme Court strikes down RBI banking ban on cryptocurrency
India's Supreme Court ruled on Wednesday to allow banks to handle cryptocurrency transactions from exchanges and traders,...
Finance
India services growth at seven-year high in February on strong export demand
Growth in India’s dominant service sector accelerated at a pace not seen in over seven years last month, boosted by ......
Finance
Citrus Pay co-founder set to join Pine Labs as CEO
Payments solutions provider Pine Labs Pvt. Ltd said on Tuesday it has appointed Citrus Pay co-founder Amrish Rau as its ......
Finance
Indian startups raking it in from money parked in mutual funds; ‘other income' up 31%
Indian technology startups generated a neat treasury income, or income from investment of surplus cash pumped in by investors,...
Healthcare
Eight Roads adds new venture partner to sharpen life sciences focus
Eight Roads Ventures has hired a venture partner, as the proprietary investment arm of Fidelity International Ltd seeks to strengthen...
Finance
HSA Advocates ropes in partner from Khaitan Legal Associates for BFSI practice
Full-service law firm HSA Advocates has appointed Sharmil Bhushan as a new partner for its banking, financial services, and insurance...
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