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RBI publishes draft framework for new payment system

Finance

11 February, 2020

RBI publishes draft framework for new payment system

The Reserve Bank of India (RBI) on Monday published a draft framework for authorisation of a new pan-India umbrella organization...

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Can Srei Group firm Bharat Road Network take a turn for the better?

Infrastructure

11 February, 2020

Can Srei Group firm Bharat Road Network take a turn for the better?

When Bharat Road Network Ltd (BRNL) was preparing to float its initial public offering two-and-a-half years ago, analysts had...

Amazon challenges Competition Commission of India's probe in court

TMT

10 February, 2020

Amazon challenges Competition Commission of India's probe in court

Amazon.com Inc has begun legal action in India to quash an antitrust investigation against the company, saying it could cause...

India's car sales drop for 15th month in January

Manufacturing

10 February, 2020

India's car sales drop for 15th month in January

Car sales in India fell for the 15th consecutive month in January, as slowing economic growth and rising cost of ......

KKR-backed Avendus hires StanChart exec to head wealth management arm

Finance

10 February, 2020

KKR-backed Avendus hires StanChart exec to head wealth management arm

Financial services group Avendus has appointed Nitin Singh, a former Standard Chartered executive, as the managing director and...

Inflation likely hit a near six-year high in January: Poll

Finance

10 February, 2020

Inflation likely hit a near six-year high in January: Poll

Indian retail inflation likely rose to a near six-year peak in January as food prices stayed high, according to a ......

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Lack of credit flow hurting economy, NPA issue overstated: Srei's Hemant Kanoria

Finance

10 February, 2020

Lack of credit flow hurting economy, NPA issue overstated: Srei's Hemant Kanoria

Over the past few years, Kolkata-based Srei Group has gradually brought down its exposure to infrastructure financing. Instead, the group ......

Grapevine: SoftBank may back Mahindra Electric Mobility; Rebel Foods eyes funding

General

10 February, 2020

Grapevine: SoftBank may back Mahindra Electric Mobility; Rebel Foods eyes funding

Mahindra Electric Mobility, after announcing that it would look for a private equity investor or a strategic investor to scale...

Credit Suisse CEO Thiam quits after spying scandal

Finance

07 February, 2020

Credit Suisse CEO Thiam quits after spying scandal

Credit Suisse Chief Executive Tidjane Thiam has quit after a power struggle at Switzerland's second-biggest bank, which faces...

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How OrbiMed-backed Eurolife aims to tap into overseas markets for growth

Healthcare

07 February, 2020

How OrbiMed-backed Eurolife aims to tap into overseas markets for growth

Eurolife Healthcare Pvt. Ltd, which is backed by healthcare-focused private equity firm OrbiMed, aims to double its revenue in...

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