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Infosys says no prima facie evidence on whistleblower complaints

TMT

04 November, 2019

Infosys says no prima facie evidence on whistleblower complaints

Indian IT services major Infosys Ltd  said on Monday it found no evidence to prove the allegations in a whistleblower ......

Grapevine: VTB may sell Zee stake; Bank of India may sell most shares in JV

General

04 November, 2019

Grapevine: VTB may sell Zee stake; Bank of India may sell most shares in JV

VTB Capital plans to sell 10.71% pledged stake in borrower Zee Entertainment, The Economic Times said, a move that would ......

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Why banks are slowing bad-loan sales to asset reconstruction companies

Finance

04 November, 2019

Why banks are slowing bad-loan sales to asset reconstruction companies

Indian banks have slowed the pace of selling bad loans to asset reconstruction companies (ARCs), as they work on other ......

Check out India's best-paid corporate execs

General

01 November, 2019

Check out India's best-paid corporate execs

India Inc’s bosses pocketed big cheques for the last financial year thanks to parting or retiring executives cashing in...

Lazard axes 200 jobs as profit falls amid dealmaking slowdown

Finance

01 November, 2019

Lazard axes 200 jobs as profit falls amid dealmaking slowdown

Lazard Ltd said on Thursday it had axed about 200 employees after a review of its business, as the investment ......

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Former Aditya Birla PE top exec to venture into advisory services

Finance

01 November, 2019

Former Aditya Birla PE top exec to venture into advisory services

A former top executive of Aditya Birla Private Equity, part of the Kumar Mangalam Birla-led diversified group, is launching an...

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Ashoka Buildcon on the mend as order book jumps but high debt remains a worry

Infrastructure

01 November, 2019

Ashoka Buildcon on the mend as order book jumps but high debt remains a worry

At first glance, highways developer Ashoka Buildcon Ltd appears to be beset with all manner of problems. But scratch the ......

Slowdown worsens as factory growth sinks, jobless rate jumps in October

Economy

01 November, 2019

Slowdown worsens as factory growth sinks, jobless rate jumps in October

India’s factory activity growth hit a two-year low in October as new orders and output rose at a slower pace, ......

Grapevine: Lupin looks to sell Japan unit; CDPQ plans InvIT for road assets

General

01 November, 2019

Grapevine: Lupin looks to sell Japan unit; CDPQ plans InvIT for road assets

Drugmaker Lupin Ltd is in advanced talks to sell its Japanese generics subsidiary, Kyowa Pharmaceutical Industry Co. Ltd, to a...

Goldman-backed ReNew says Andhra Pradesh woes could hurt India's renewables goal

Infrastructure

01 November, 2019

Goldman-backed ReNew says Andhra Pradesh woes could hurt India's renewables goal

Investors could be put off India by Andhra Pradesh state's difficult relationship with renewable energy companies, Sumant...

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