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Grapevine: CDPQ to up stake in Piramal flagship; Oaktree plan for DHFL unit hits snag

General

24 October, 2019

Grapevine: CDPQ to up stake in Piramal flagship; Oaktree plan for DHFL unit hits snag

Canada pension fund Caisse de dépôt et placement du Québec (CDPQ) is looking to raise its stake in Ajay Piramal’s...

US SEC investigates Infosys on whistleblower complaints

TMT

24 October, 2019

US SEC investigates Infosys on whistleblower complaints

Infosys Ltd said on Thursday that the U.S. Securities and Exchange Commission had launched an investigation into whistleblower...

NCLT allows insolvency plea against Typhoo tea maker Apeejay Tea

Consumer

23 October, 2019

NCLT allows insolvency plea against Typhoo tea maker Apeejay Tea

The National Company Law Tribunal (NCLT) has ordered to start insolvency proceedings against Apeejay Tea Ltd, one of India’s...

Govt eases rules for entry into fuel retail sector

Infrastructure

23 October, 2019

Govt eases rules for entry into fuel retail sector

India's cabinet on Wednesday relaxed norms for setting up fuel stations in the country, the information and broadcasting minister...

How will the insurance sector shape up in the next decade?

Finance

23 October, 2019

How will the insurance sector shape up in the next decade?

Until a few years ago, India’s insurance sector was seen as a playground of multinational firms looking to expand their ......

Risk of contagion in India's financial sector rising, warn rating agencies

Finance

23 October, 2019

Risk of contagion in India's financial sector rising, warn rating agencies

There is rising risk of contagion in India’s banking sector with many finance companies having lost more than half of ......

Grapevine: IHH to scale down in India; ORIX may buy into Embassy unit

General

23 October, 2019

Grapevine: IHH to scale down in India; ORIX may buy into Embassy unit

Malaysia’s IHH Healthcare is planning to reduce its India footprint by cashing out of its 62.2% stake in Hyderabad-based...

Uber CEO expects India, other developing markets to drive growth

TMT

23 October, 2019

Uber CEO expects India, other developing markets to drive growth

Uber pinned its growth over the next decade on developing markets like India on Tuesday, despite the problems it has ......

Indian private-sector lenders signal stress in loan book

Finance

23 October, 2019

Indian private-sector lenders signal stress in loan book

Two top Indian private-sector lenders on Tuesday signalled stress in their loan books as the banks grapple with the worst ......

India govt, Facebook spar over decryption laws at Supreme Court

TMT

22 October, 2019

India govt, Facebook spar over decryption laws at Supreme Court

India's government asked Facebook Inc on Tuesday to help it decrypt private messages on its network, citing national security...

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