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India services activity climbs to five-month high in December

Economy

06 January, 2020

India services activity climbs to five-month high in December

Activity in India’s dominant service industry accelerated to a five-month high in December as demand rose at the fastest...

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Proparco injects debt capital into Indian non-bank lender

Finance

06 January, 2020

Proparco injects debt capital into Indian non-bank lender

Proparco SA, the private-sector arm of French development finance institution Agence Française de Développement,...

Grapevine: Great Wall Motors may buy GM facility; PE firms keen on Airtel

General

06 January, 2020

Grapevine: Great Wall Motors may buy GM facility; PE firms keen on Airtel

Great Wall Motors, China’s largest SUV maker, is close to acquiring General Motors’ (GM) manufacturing facility in...

Cyrus Mistry says not keen to return as Tata Sons chairman but wants board seat

General

06 January, 2020

Cyrus Mistry says not keen to return as Tata Sons chairman but wants board seat

The former chairman of Tata Sons Cyrus Mistry said on Sunday he would not seek to reclaim his board seats ......

Microlender Satin Creditcare raises debt capital from Development Bank of Austria

Finance

03 January, 2020

Microlender Satin Creditcare raises debt capital from Development Bank of Austria

Microfinance firm Satin Creditcare Network Ltd has raised $15 million (Rs 107.6 crore at current exchange rate) in debt from ......

India electricity supply falls for fifth straight month in December

Infrastructure

02 January, 2020

India electricity supply falls for fifth straight month in December

India's electricity supply fell for the fifth straight month in December, provisional government data showed, potentially...

Can regional hospital chains expand outside their comfort zones?

Healthcare

02 January, 2020

Can regional hospital chains expand outside their comfort zones?

There has been a lot of consolidation activity involving large hospital chains in recent years, and all eyes are now ......

Factory activity picks up in December but business optimism weakens

Manufacturing

02 January, 2020

Factory activity picks up in December but business optimism weakens

India’s factory activity expanded at its fastest pace in seven months in December as a jump in new orders prompted ......

Grapevine: Apollo Global, Varde bow out of Altico race; Adani, NTPC eye Avantha plant

General

02 January, 2020

Grapevine: Apollo Global, Varde bow out of Altico race; Adani, NTPC eye Avantha plant

Apollo Global Management LLC and Varde Partners LP are no longer considering bidding for Altico Capital India Ltd, two people...

Axis Bank elevates Talgeri to chief risk officer, ropes in AIA exec

Finance

31 December, 2019

Axis Bank elevates Talgeri to chief risk officer, ropes in AIA exec

India's third-largest private sector lender Axis Bank has strengthened its senior management through appointments of key personnel...

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