Others
Consumer
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,...
Finance
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...
General
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 ......
Infrastructure
Govt approves $1.4 bn for fund to help stalled housing projects
India’s cabinet has approved 100 billion rupees ($1.4 billion) for a fund to help clear stalled housing projects, Finance...
Finance
Arcil hires Edelweiss exec as chief investment officer
Asset Reconstruction Company (India) Ltd, or Arcil, has hired a senior executive from Edelweiss Group to oversee stressed-asset...
TMT
Insolvency court admits case against Flipkart but high court orders stay
A tribunal in Bengaluru has ordered to start insolvency proceedings against Flipkart India Pvt. Ltd for a payments default, but...
Finance
India leads downgrades as analysts cut Asian firms' 2019 profit outlook
Analysts trimmed their 2019 earnings forecasts for Asian companies by a smaller margin over the past month, Refinitiv data showed,...
Finance
SoftBank posts $6.5 bn quarterly loss as WeWork, Uber bets stumble
SoftBank Group Corp plunged on Wednesday to a quarterly loss that was far larger than analysts’ estimates, hit by the ......
General
Grapevine: ReNew execs join Temasek-EQT's energy JV; Adani seeks time for airport deal
Singapore’s Temasek is teaming up with Swedish private equity group EQT to launch a platform for India, O2 Power, that ......
Finance
CBI registers 42 new bank fraud cases totalling $1 bn
India’s federal police said on Tuesday that they had registered 42 new cases of bank fraud amounting to about 72 ......
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