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Grapevine: Airtel weighs tower unit sale; Apollo Global, Cerberus may bet on Altico

General

01 October, 2019

Grapevine: Airtel weighs tower unit sale; Apollo Global, Cerberus may bet on Altico

Telecom firm Bharti Airtel Ltd is exploring the option of completely selling its stake in its tower infrastructure business to...

Phoenix Legal partner Jyoti Singh quits law firm to go solo

People

01 October, 2019

Phoenix Legal partner Jyoti Singh quits law firm to go solo

Phoenix Legal equity partner and Mumbai insolvency and disputes head Jyoti Singh has left the law firm to start her ......

RBI to pick up slack as India stimulus measures to fall short: Poll

Economy

01 October, 2019

RBI to pick up slack as India stimulus measures to fall short: Poll

Recent stimulus measures announced by the Indian government will be insufficient to boost economic growth significantly, said...

India to borrow gross $38 bn during October-March

Economy

01 October, 2019

India to borrow gross $38 bn during October-March

India will borrow gross 2.68 trillion rupees ($37.82 billion) from the market between October and March through dated securities,...

Police probe management of Punjab and Maharashtra Co-operative Bank

Finance

01 October, 2019

Police probe management of Punjab and Maharashtra Co-operative Bank

Indian officials registered a police complaint against the senior management of Punjab and Maharashtra Co-operative Bank (PMC)...

Heaviest rains in 25 years to help revive tepid rural demand

Economy

01 October, 2019

Heaviest rains in 25 years to help revive tepid rural demand

Monsoon rains in India were 10% above average in 2019 and the highest in 25 years as seasonal rainfall continued ......

Current account deficit narrows in June quarter

Economy

01 October, 2019

Current account deficit narrows in June quarter

India’s current account deficit (CAD) narrowed to 2% of gross domestic product in the June quarter of the fiscal year ......

India's infrastructure output falls in August for first time since 2015

Infrastructure

01 October, 2019

India's infrastructure output falls in August for first time since 2015

India’s infrastructure output in August fell from a year earlier for the first time since April 2015, signalling the economic...

Ambit appoints former Avendus top exec as CEO of wealth biz

Finance

30 September, 2019

Ambit appoints former Avendus top exec as CEO of wealth biz

Mumbai-based investment firm Ambit Group has hired a senior executive from KKR-backed Avendus to head the wealth management business,...

Premium
Can CDPQ's backing reignite growth at power producer CLP India?

Infrastructure

30 September, 2019

Can CDPQ's backing reignite growth at power producer CLP India?

In September last year, Canadian pension fund manager Caisse de dépôt et placement du Québec (CDPQ) bought...

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