Others
General
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...
TMT
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...
Consumer
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...
Infrastructure
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...
Finance
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 ......
Finance
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 ......
General
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...
TMT
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 ......
Finance
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 ......
TMT
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...