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TMT
Amazon offers India's small business owners $1 bn olive branch
Amazon.com Inc CEO Jeff Bezos said his company will invest $1 billion to bring small and medium-sized businesses online in ......
Infrastructure
Can Warburg Pincus-backed Gangavaram Port stand ground as Adani expands its net?
In July 2015, reports emerged of Adani Ports & Special Economic Zone Ltd engaging in talks to acquire the Gangavaram ......
General
Grapevine: UV ARC, Jio top bidders for RCom assets; Advent, Kedaara eye Sequent
UV Asset Reconstruction Company Ltd has emerged as the highest bidder for Reliance Communications (RCom) and Reliance Telecom...
Infrastructure
India's 2019 electricity demand grows at slowest pace in six years
India’s annual electricity demand in 2019 grew at its slowest pace in six years with December marking a fifth straight ......
TMT
E-commerce firms shouldn't offer heavy discounts: CCI chief
Big e-commerce firms should not offer steep discounts, must disclose discounting policies and ensure they do not drive brick-and-mortar...
TMT
SoftBank-backed Oyo lays off over 1,000 employees amid profit push
SoftBank-backed (9984.T) Oyo Hotels and Homes is laying off hundreds of employees in India, according to a source and an ......
Finance
Govt appoints Michael Patra as RBI deputy governor
India’s government appointed career central banker Michael Patra as one of the Reserve Bank of India’s four deputy...
General
Grapevine: Adani may buy Reliance Power unit; Inventus partly exits PolicyBazaar
Adani Group is in early-stage talks with Reliance Power, which supplies electricity to Adani Electricity Mumbai, to acquire subsidiary...
Finance
Citi's corporate banking arm aims to pick up steam as market cools down
When Citigroup Inc combined businesses that cater to big companies in 2018, management wanted dealmakers, traders and traditional...
Consumer
Mattress maker Peps Industries in talks with US, UK investors for stake sale
Peps Industries Pvt. Ltd, which makes spring mattresses, is in discussions with two US private equity firms and a UK-based ......
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