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SoftBank CEO Masayoshi Son says "embarrassed" by track record

Finance

07 October, 2019

SoftBank CEO Masayoshi Son says "embarrassed" by track record

SoftBank Group CEO Masayoshi Son said he is "embarrassed and flustered" by his track record, in comments to Nikkei Business...

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Why hospital chains are still cool to Ayushman Bharat despite higher rates

Healthcare

07 October, 2019

Why hospital chains are still cool to Ayushman Bharat despite higher rates

The Centre's flagship health insurance scheme, which claims to have treated 45 lakh patients within a year of its launch ......

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SC Lowy's India biz head on what's driving, and hampering, stressed assets deals

Finance

07 October, 2019

SC Lowy's India biz head on what's driving, and hampering, stressed assets deals

Hong Kong-based financial group SC Lowy is stepping up its distressed assets game in India by betting on non-banking financial ......

Sachin Bansal makes debt investment in PE-backed U Gro Capital

Finance

07 October, 2019

Sachin Bansal makes debt investment in PE-backed U Gro Capital

U Gro Capital Ltd, a technology-enabled lender to small businesses, has raised Rs 75 crore (about $10.56 million at current ......

Grapevine: TPG, others eye Yes Bank stake; UTI AMC's IPO in six months

General

07 October, 2019

Grapevine: TPG, others eye Yes Bank stake; UTI AMC's IPO in six months

Yes Bank is in talks with global private equity firms — TPG, The Carlyle Group and Farallon Capital — for ......

HSBC may cut up to 10,000 jobs to slash costs

Finance

07 October, 2019

HSBC may cut up to 10,000 jobs to slash costs

HSBC Holdings Plc is planning to cut up to 10,000 jobs as interim Chief Executive Officer Noel Quinn seeks to reduce ......

SoftBank-backed Oyo faces backlash as some hotels cry foul and check out

TMT

07 October, 2019

SoftBank-backed Oyo faces backlash as some hotels cry foul and check out

India's Oyo Hotels and Homes shot out of nowhere to become one of the world's largest hotel chains with a ......

Podcast: DHFL dangles equity conversion before lenders; Altico gets PE attention

Finance

04 October, 2019

Podcast: DHFL dangles equity conversion before lenders; Altico gets PE attention

Two non-banking financial companies -- Dewan Housing Finance Corporation Ltd (DHFL) and Altico Capital – are busy working...

RBI cuts rates for fifth time in a row, slashes growth forecast

Economy

04 October, 2019

RBI cuts rates for fifth time in a row, slashes growth forecast

The Reserve Bank of India on Friday cut interest rates for a fifth straight meeting, stepping up efforts to kickstart ......

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Company watch: CDC-backed Indifi's revenue jumps; soaring write-offs raise concern

Finance

04 October, 2019

Company watch: CDC-backed Indifi's revenue jumps; soaring write-offs raise concern

Digital lender Indifi Technologies Pvt. Ltd’s revenue for the year through March 2019 climbed nearly four-fold and its loss...

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