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Consumer
Value lens: Why Park Hotels may command a premium IPO price tag
Apeejay Surrendra Park Hotels Ltd, which owns hotels under The Park brand and is preparing to float an initial public ......
Infrastructure
Govt eases mining rules to attract foreign investors in coal sector
India’s cabinet has eased mining laws in a bid to attract foreign players to the domestic coal sector and reduce ......
Economy
Banking, transport services disrupted as trade unions go on strike
Tens of thousands of workers affiliated to trade unions led a strike in parts of India on Wednesday, disrupting transport ......
General
Grapevine: Shriram Properties slashes IPO size; Kotak drops out of Altico race
Chennai-based real estate developer Shriram Properties Ltd, which planned to raise Rs 1,250 crore ($174 million at current exchange...
Finance
UBS overhauls wealth business, cuts jobs to revive profits
UBS is overhauling its flagship wealth management business, including shrinking its senior staff, in the first big strategic move...
Economy
Govt slashes 2019-20 GDP growth forecast to 5%
The Indian government said on Tuesday it expects the economy to grow at 5.0% in the fiscal year ending in ......
Finance
Goldman Sachs renames business units in transparency push
Goldman Sachs Group Inc said on Tuesday it renamed its main business units ahead of its quarterly results next week, as ......
Infrastructure
Debt in control, but can Dalmia Bharat strike big M&As and beat the slowdown?
Late last month, government data painted a grim picture of India’s infrastructure sector. The data showed that growth in...
General
Grapevine: NTPC outbids Adani on Avantha plant; TPG alliance eyes Columbia Asia assets
NTPC outbid Adani Group by two-and-a-half times with a Rs 1,900 crore ($265 million at current exchange rate) offer for ......
Economy
Govt plans to cut spending to curb deficit; may hurt growth
India’s government is likely to cut spending for the current fiscal year by as much as 2 trillion Indian rupees ......
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