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Finance
Aim to grow premium income at 30%, consolidate operations: Star Health's S Prakash
In August last year, a consortium of investors that included private equity firms WestBridge Capital and Madison Capital as well ......
Finance
UBS to revamp investment bank in bid to lift flagging earnings
Switzerland's UBS plans another shake-up of its investment banking arm to help boost earnings and curb costs after tough market...
General
Grapevine: Ashoka Buildcon, Macquarie to sell road assets; Dunzo seeks fresh funding
Infrastructure developer Ashoka Buildcon and Macquarie Infrastructure and Real Assets (MIRA) are seeking buyers for their $2 billion...
Finance
Investec hires EY execs to strengthen corporate finance, ECM verticals
Asset manager and investment bank Investec Capital Services (India) Pvt. Ltd has hired two senior executives from EY India’s...
General
Grapevine: Carlyle, General Atlantic may invest more in PNB Housing
Private equity firms Carlyle and General Atlantic are likely to increase their stake in PNB Housing Finance Ltd, a media ......
Economy
India likely to miss fiscal deficit target amid pressure for more stimulus
India is likely to miss its fiscal deficit target for the current financial year, despite receiving an additional dividend from...
TMT
Amazon India plans to scrap single-use plastic, joins rival Flipkart
Amazon.com Inc’s India unit plans to replace single-use plastic in its packaging by June 2020, the company said on Wednesday,...
Economy
India services growth slows in August on weaker demand
Activity in India’s dominant services industry expanded at a slower pace in August as demand softened, according to a business...
General
Advent may buy into Aditya Birla Capital; I Squared, NIIF eye IL&FS road assets
US-based private equity firm Advent International is in advanced talks to invest up to Rs 1,300 crore ($180 million) in ......
Finance
RBI panel favours allowing foreign portfolio investors to directly buy bad loans
A task force set up by India’s central bank on Tuesday recommended a slew of measures for developing a secondary ......
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