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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...
General
Grapevine: Investec eyes SBI Caps stake; SoftBank sets 5-year IPO deadline for Paytm
The local unit of South African financial services group Investec is leading the race to buy a stake in State ......
Infrastructure
WeWork loss widens to $1.25 bn amid office space expansion
The We Company, owner of WeWork, said on Wednesday net losses in the third quarter more than doubled to $1.25 ......
Finance
Dewan Housing lenders get temporary relief on $5.6 bn loans
An Indian court on Wednesday allowed banks to recover some dues from shadow lender Dewan Housing Finance Corporation Ltd, granting...
Consumer
KKR India chief Sanjay Nayar quits Coffee Day board
KKR India chief executive Sanjay Nayar has resigned from the board of Coffee Day Enterprises Ltd, the operator of the ......
Economy
Retail inflation breaches RBI target, quickens to 4.62% in October
India’s retail inflation rate rose to 4.62% in October, driven by higher food prices, the government said on Wednesday. Annual...
People
Michael Sabia, who oversaw CDPQ's aggressive India foray, to step down as CEO
Michael Sabia, the longest-serving boss of the Caisse de dépôt et placement du Québec (CDPQ), Canada’s...
General
Grapevine: Munjal, DSP Group founder eye Yes Bank stake; Bharti bids for R-Com assets
Sunil Munjal, chairman of Hero Corporate Services Ltd, and Hemendra Kothari, veteran investment banker and founder of DSP Group,...
Finance
Former Fosun, Rocket Internet and Booz & Co execs team up for new firm
Vipin Agarwal, who was most recently the senior director for investments at Fosun RZ Capital, has floated a partnership firm ......
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