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Vodafone Idea to seek govt waiver on payments after court ruling

TMT

25 October, 2019

Vodafone Idea to seek govt waiver on payments after court ruling

Loss-making Indian mobile carrier Vodafone Idea will ask the federal government for relief on payments of at least $4 billion...

OPIC backs INI Farms, d.light under new loan facility

Finance

25 October, 2019

OPIC backs INI Farms, d.light under new loan facility

The Overseas Private Investment Corporation (OPIC), a development finance institution of the US government, is backing two Indian...

Grapevine: Edelweiss MF circles IDBI unit; Thomas Cook may buy TC brand

General

25 October, 2019

Grapevine: Edelweiss MF circles IDBI unit; Thomas Cook may buy TC brand

Edelweiss Mutual Fund has emerged frontrunner for IDBI Asset Management Company as the entity has entered the final stage of ......

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Company watch: Siguler Guff-backed Baazar Kolkata improves margin after promoters split

Consumer

25 October, 2019

Company watch: Siguler Guff-backed Baazar Kolkata improves margin after promoters split

Regional retail chain Baazar Kolkata, which underwent a rejig after its co-promoters decided to go separate ways three years ago,...

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Centrum's Jaspal Bindra on M&A strategy, expanding the loan book and more

Finance

25 October, 2019

Centrum's Jaspal Bindra on M&A strategy, expanding the loan book and more

Mumbai-based Centrum Group has accumulated a loan book of Rs 2,000 crore ever since it started lending activities two years ......

WeWork plans to lay off nearly a third of global staff

Infrastructure

24 October, 2019

WeWork plans to lay off nearly a third of global staff

Office-sharing startup WeWork is planning to cut as many as 4,000 jobs as a part of a turnaround plan put ......

India's top airline cuts expansion targets after $150 mn quarterly loss

Infrastructure

24 October, 2019

India's top airline cuts expansion targets after $150 mn quarterly loss

India's biggest airline IndiGo reported its biggest ever quarterly loss on higher maintenance costs and cut capacity expansion...

Airbnb bets on women hosts, millennial travellers for growth in India

TMT

24 October, 2019

Airbnb bets on women hosts, millennial travellers for growth in India

Home rental company Airbnb Inc is betting on women in India opening up their homes to travellers, especially millennials, to ......

India jumps 14 places on World Bank's ease of doing business list

General

24 October, 2019

India jumps 14 places on World Bank's ease of doing business list

Faster bankruptcy resolution and issuance of construction permits helped India jump 14 places in the World Bank’s annual...

Supreme Court upholds govt demand for nearly $13 bn of dues from mobile operators

TMT

24 October, 2019

Supreme Court upholds govt demand for nearly $13 bn of dues from mobile operators

The Supreme Court on Thursday upheld a demand by the telecom department that wireless carriers pay 920 billion rupees ($12.97...

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