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India's auto sales fall for 13th straight month in November

Manufacturing

10 December, 2019

India's auto sales fall for 13th straight month in November

Passenger vehicle production in India rose 4.06% during November, a report by an industry body showed on Tuesday, signalling a...

Grapevine: TVS Capital, others may invest in Digit; Advent, Bain, GIC eye exit from Quest Global

General

10 December, 2019

Grapevine: TVS Capital, others may invest in Digit; Advent, Bain, GIC eye exit from Quest Global

TVS Capital Funds, A91 Partners, and Faering Capital, among other mid-market private equity firms, are in advanced talks to invest...

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Company watch: Kedaara-backed Parksons packs a punch as FY19 revenue, profit jump

Manufacturing

10 December, 2019

Company watch: Kedaara-backed Parksons packs a punch as FY19 revenue, profit jump

Parksons Packaging Ltd reported an acceleration in revenue and profit growth for the year through March 2019 as it started ......

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How RBI's new norms for ARCs may affect the bad-loan market

Finance

09 December, 2019

How RBI's new norms for ARCs may affect the bad-loan market

The Reserve Bank of India’s tightening of norms for asset reconstruction companies (ARCs) to buy bad loans may lead to ......

HSBC names new heads of investment banking division

Finance

09 December, 2019

HSBC names new heads of investment banking division

HSBC has named Georges Elhedery and Greg Guyett as co-heads of the global banking and markets division, which contains the ......

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Few oncology assets up for sale, focusing on biz consolidation: HCG founder

Healthcare

09 December, 2019

Few oncology assets up for sale, focusing on biz consolidation: HCG founder

Oncology chain HealthCare Global Enterprises Ltd (HCG), which has struck acquisitions and partnerships in the past, is set to complete ......

Grapevine: RIL in talks with banks for Alok Industries; Temasek may invest in Licious

General

09 December, 2019

Grapevine: RIL in talks with banks for Alok Industries; Temasek may invest in Licious

Reliance Industries Ltd (RIL) is in negotiations with State Bank of India (SBI), HDFC Bank and ICICI Bank to fund ......

Trade war goes digital as India, South Africa eye tariffs on Internet economy

Finance

09 December, 2019

Trade war goes digital as India, South Africa eye tariffs on Internet economy

A 20-year global moratorium on imposing tariffs on digital trade could end next week if India or South Africa makes ......

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Company watch: ReNew Power's profit margin woes overshadow Ostro-fuelled growth

Infrastructure

06 December, 2019

Company watch: ReNew Power's profit margin woes overshadow Ostro-fuelled growth

ReNew Power Ltd failed to shrug off net profit margin blues in 2018-19 despite the biggest buyout in the country’s ......

SoftBank's Masayoshi Son sticks with gut-led investing in chat with Alibaba's Jack Ma

Finance

06 December, 2019

SoftBank's Masayoshi Son sticks with gut-led investing in chat with Alibaba's Jack Ma

Weeks after his billion-dollar bailout of WeWork, SoftBank Group Corp’s founder and CEO Masayoshi Son reiterated his belief...

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