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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 ......
Finance
Swiss investor responsAbility invests more in Indian microlender
Swiss impact investor responsAbility Investments has pumped more money in a New Delhi-based microlender, the Indian company’s...
General
AION Capital, IARC execs on PE firms' stressed asset strategies and key problems
Many private equity firms that had showed interest in investing in stressed assets after the enactment of the Insolvency and ......
Infrastructure
Can ACME Cleantech squeeze past policy and payment woes to avoid liquidity concerns?
Solar power developer ACME group is battling policy flip-flops, low tariffs and a payments backlog that have strained cash flow...
Manufacturing
Tata Steel to shut some operations in UK, 400 jobs at stake
The Tata Steel Ltd said on Monday it would shut parts of its non-core businesses in the United Kingdom, a ......
General
Grapevine: Modern Foods buys 75% of Supreme Baker; Naspers may back ElasticRun
Everstone Capital-backed Modern Foods has acquired a 75% stake in Delhi-based Supreme Baker India Pvt. Ltd, two people aware of...
Manufacturing
Automakers demand tax cuts as sales plummet for 10th month
India’s passenger vehicles sales are set to fall for a tenth consecutive month in August, forcing analysts to slash their...
Manufacturing
India manufacturing growth slows to 15-month low in August
Expansion in India’s manufacturing sector hit its slowest in 15 months in August as demand and output grew at their ......
Investor Bulletin
Podcast: Mega bank merger, Dewan Housing in spotlight
The government on Friday approved four sets of mergers that will reduce the number of state-owned banks to 12. The move ......
Economy
India's economic growth slumps to 5% in April-June quarter
India’s economy had annual growth of 5.0% in the April-June quarter, the slowest in more than six years, dragged down ......
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