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Economy
India's services sector contracts in September on weak demand
India’s dominant services sector slipped into contraction in September as new business orders fell for the first time since...
General
Grapevine: Accel plans sixth India fund; Ant Financial to lead Zomato funding
Online food delivery and restaurant discovery platform Zomato is in the process of raising $600 million (about Rs 4,254 crore...
Infrastructure
IndiGrid has given better returns than G-Sec, broader stock indices in 2 years: CEO
India Grid Trust (IndiGrid) made a tepid stock market debut in June 2017 and has only 3,700 investors so far. ......
Finance
Goldman Sachs rejigs Asia M&A leadership, names Raghav Maliah co-head
Tech specialists Raghav Maliah and Jung Min have been appointed co-heads of Goldman Sachs' mergers and acquisitions in Asia...
Finance
HDIL chairman Rakesh Wadhawan, son arrested in PMC Bank scam
India arrested the head of a bankrupt realty company on Thursday after lender Punjab and Maharashtra Co-operative Bank (PMC) accused...
Finance
Smaller ARCs chase bulk deals to step up bad-loan purchases
Smaller asset reconstruction companies (ARCs) are stepping up their bad-loan purchases as they consider buying in bulk a pool...
General
Grapevine: Fosun to buy 2 Pfizer factories; Sunil Mittal to up stake in CG Power
Gland Pharma, owned by Chinese firm Fosun Pharma, has emerged as the front-runner to acquire the two factories in Chennai ......
Finance
Yes Bank 'very stable', CEO Gill says after stock slide
The recent drop in Indian lender Yes Bank Ltd’s stock price does not reflect the bank’s performance and it remains...
Finance
India Inc's debt downgrades jump to highest since FY16
Corporate India’s credit profile has worsened during the six months through September as the value of debt downgraded by...
Finance
How can NBFCs tackle liquidity crunch and come out of the crisis?
Until a year or so ago, non-banking finance companies (NBFCs) were the darling of investors. But widespread concerns have risen ......
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