Others
General
Grapevine: Goldman invests in Ozone park; HDFC Capital Advisors may raise $1 bn
Global institutional investor Goldman Sachs Group has invested around Rs 500 crore ($70.8 million at current exchange rate) in...
Economy
Govt may seek $4.3 bn interim dividend from RBI to bridge fiscal gap
The Indian government may request an interim dividend of around 300 billion rupees ($4.3 billion) from the Reserve bank of ......
Finance
Dewan Housing proposes converting debt to equity under draft resolution plan
India’s crisis-hit shadow bank Dewan Housing Finance Ltd (DHFL) has submitted a draft resolution plan proposing to convert...
Finance
RBI imposes curbs on Lakshmi Vilas Bank amid police probe
India’s central bank issued a regulatory action on Lakshmi Vilas Bank, the lender said in a statement on Saturday, at ......
Infrastructure
Mumbai developer Lokhandwala goes bust, felling skyscraper plans with Shapoorji
Lokhandwala Infrastructure Pvt. Ltd is the latest to go bust, its bankruptcy spoiling plans to complete the 90-floor iconic Minerva...
Finance
India looks to ease foreign investment limits in govt bonds
India is looking to ease foreign investment limits in government bonds, as it seeks to get its securities included in ......
Consumer
How mattress e-tailer Wakefit's founders tasted success after three failures
It isn’t usually easy for entrepreneurs to get investors to back their business ideas. It’s even harder if the entrepreneurs...
Finance
Police probes Lakshmi Vilas Bank directors for alleged fraud
Shares of Lakshmi Vilas Bank dropped nearly 5% on Friday, after the country’s Economic Offences Wing (EOW) filed a report...
Economy
GDP growth to improve in second half of FY20: Finance minister Sitharaman
India’s economic growth is likely to pick up in the October-March period as consumer demand is expected to improve, Finance...
Consumer
Why VC-backed meat and fish e-tailer Licious is going offline
Online meat and fish ordering platform Licious, operated by Delightful Gourmet Pvt. Ltd, raised $50 million in its Series C ......
