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General
Grapevine: Three PE firms in race for SRL stake; Muthoot may buy IDBI Mutual Fund
Private equity firms TA Associates, Warburg Pincus and ChrysCapital have been shortlisted to acquire up to a 44% stake in ......
Finance
AIIB extends $575 mn loans for two India projects
The Asian Infrastructure Investment Bank (AIIB) has approved $575 million in loans to two urban infrastructure projects in India...
Finance
Govt tweaks bankruptcy rules to help non-bank lenders
India has amended its insolvency and bankruptcy rules to allow for greater flexibility in resolving problems at troubled non-banking...
Economy
Tax officials find PM Modi's targets too taxing, some quit
India’s tax officials are facing a taxing issue. Prime Minister Narendra Modi’s government wants them to collect...
TMT
Why India's B2B unicorns are more capital-efficient than B2C startups
Indian or Indian-origin technology unicorns that focus on the business-to-business segment are more capital-efficient than their...
General
Grapevine: ChrysCapital may return to RBL Bank; PE firms eye stake in Café Coffee Day
Private equity firm ChrysCapital is considering investing around Rs 500 crore ($69.6 million at current exchange rate) in RBL...
TMT
Vodafone Idea, Bharti Airtel make total $10 bn loss after provisions for govt dues
Indian mobile carrier Vodafone Idea on Thursday reported the biggest quarterly loss in India's corporate history after making...
Finance
CBI set to file fresh charges in $2 bn Punjab National Bank fraud case
The Central Bureau of Investigation will soon file fresh charges in the $2 billion Punjab National Bank (PNB) fraud case ......
Infrastructure
Is GIC-backed Gayatri Projects really on the fast road to revival?
Numbers can be deceptive. And highway developer Gayatri Projects Ltd only proves this. At first glance, the company appears...
Finance
India's love for cash hinders move to digital economy despite demonetisation push
India's dependency on cash may slow the country's transition to digital payments despite large numbers of internet and...
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