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Suzuki joins Ford, other foreign automakers in rethinking India strategy

Manufacturing

08 November, 2019

Suzuki joins Ford, other foreign automakers in rethinking India strategy

Suzuki Motor Corp (7269.T) said it was no longer gung-ho about India’s auto market, the world’s fourth-largest, where...

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Namrata Chotrani quits Fairwinds PE to join former star consumer portfolio firm as CEO

Consumer

08 November, 2019

Namrata Chotrani quits Fairwinds PE to join former star consumer portfolio firm as CEO

Namrata Ashok Chotrani has quit Fairwinds Private Equity to join as the chief executive of a consumer goods maker...

Grapevine: Baring PE Asia sole bidder for Can Fin; TPG leads funding in Jana Bank

General

08 November, 2019

Grapevine: Baring PE Asia sole bidder for Can Fin; TPG leads funding in Jana Bank

Hong Kong-based Baring Private Equity Asia has emerged as the sole bidder for a controlling stake in Can Fin Homes ......

WhatsApp adds shopping catalog feature, courting e-commerce

TMT

08 November, 2019

WhatsApp adds shopping catalog feature, courting e-commerce

Facebook Inc (FB.O) on Thursday launched a catalog feature for its WhatsApp messaging app, it said in a blog post, ......

Moody's cuts India's outlook to 'negative' on economic growth worries

Economy

08 November, 2019

Moody's cuts India's outlook to 'negative' on economic growth worries

Moody’s Investors Service on Thursday cut India’s ratings outlook to “negative” from “stable”,...

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Keen on M&As in pre-school, K-12 and daycare segments: EuroKids co-founder

Consumer

08 November, 2019

Keen on M&As in pre-school, K-12 and daycare segments: EuroKids co-founder

EuroKids International Pvt. Ltd, one of the largest pre-school chains in India, is rapidly expanding its presence in all three ......

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Can road builder Sadbhav beat revenue doldrums amid shrinking order book, debt woes?

Infrastructure

07 November, 2019

Can road builder Sadbhav beat revenue doldrums amid shrinking order book, debt woes?

At first glance, highway developer Sadbhav Engineering Ltd seems to have a debt problem. The debt nearly doubled in five ......

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Value lens: Is Everstone eyeing a whopper valuation for Burger King India?

Consumer

07 November, 2019

Value lens: Is Everstone eyeing a whopper valuation for Burger King India?

Fast-food chains McDonald’s, KFC and Domino’s Pizza outlets have been a common sight in India for more than two decades,...

Govt not planning to help banks rescue shadow lender Dewan Housing

Finance

07 November, 2019

Govt not planning to help banks rescue shadow lender Dewan Housing

India’s government has no plans to participate in the rescue of Dewan Housing Finance Corporation Ltd, according to two...

Grapevine: Marshall, others vie for Yes Bank; Delhivery eyes units of Blue Dart, Gati

General

07 November, 2019

Grapevine: Marshall, others vie for Yes Bank; Delhivery eyes units of Blue Dart, Gati

Discovery Capital, UK-based hedge fund Marshall Wace and others have joined buyout firms Carlyle and Farallon to buy a stake ......

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