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Finance
Company watch: Warburg-backed CAMS hits headwinds as it weighs IPO
Computer Age Management Services Pvt. Ltd (CAMS), a back-end processor for mutual funds that counts Warburg Pincus as an investor,...
Finance
Omkara Assets Reconstruction gears up for a second round of equity capital
One year after its first round of equity capital infusion, Omkara Asset Reconstruction Pvt. Ltd is looking to go for ......
General
Grapevine: Allcargo eyes control of Gati; Tiger to invest in Sequoia-backed KredX
India’s biggest cargo company Allcargo Logistics Ltd is in the final round of discussions to pick up a controlling stake...
Economy
Why PM Modi's corporate tax cut is unlikely to spur job bonanza
With one eye on flagging demand, businesses in India are likely to bank the government's $20.4 billion corporate tax windfall...
Finance
Depositors panic as curbs put on major Indian co-operative bank
The Reserve Bank of India’s (RBI) move to take charge of one of the country’s top five co-operative banks on ......
General
Grapevine: PTC India likely to sell two units; Amazon may not buy into Reliance Retail
PTC India, the nation’s top power trading company, has put two of its non-core businesses on the block -- lender ......
People
WeWork's Adam Neumann to quit as CEO after SoftBank push
WeWork co-founder Adam Neumann agreed on Tuesday to resign as chief executive and give up majority voting control, after SoftBank...
Economy
ADB slashes India growth estimate as global trade tensions escalate
Escalating trade tensions between the United States and China have darkened the outlook for developing Asia, with the region...
Finance
Proparco grew credit to NBFCs as it has a counter-cyclical role: Philippe Serres
Proparco SA, the private-sector arm of French development finance institution Agence Française de Développement, has increased credit to Indian lenders ......
People
RCom CEO steps down to focus on US unit's bankruptcy process
Indian telecom company Reliance Communications Ltd’s (RCom) (RLCM.NS) Chief Executive Officer Bill Barney will step down...
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