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Economy
Fiscal deficit crosses 77% of budgeted target in first four months of FY20
India’s fiscal deficit in the four months through July stood at 5.48 trillion rupees ($76.65 billion), or 77.8% of the ......
Finance
Dewan Housing board approves conversion of debt to equity
India’s debt-laden shadow bank Dewan Housing Finance Corp Ltd said on Friday its board had approved the conversion of the...
TMT
How Naspers built its Indian empire as it readies for $100-bn listing of web assets
In December last year, food delivery company Swiggy received its biggest cheque—$1 billion—from investors to date....
General
Grapevine: SoftBank, others may invest in Dream11; Flipkart to invest in Shadowfax
SoftBank Vision Fund, Naspers Ventures and Tiger Global Management are looking to invest up to $500 million (about Rs 3,586 ......
Opinion
What all promoters must check before selling a controlling stake to PE investors
Invest for the long haul. Don’t get too greedy and don’t get too scared.”- Shelby MC Davis, Wall Street legend Private...
Economy
India to woo foreign firms like Apple to capitalise on US-China trade war
India is targeting companies including Apple, Foxconn and Wistron Corp with a charm offensive aimed at encouraging them to shift...
Finance
Moody's India arm ICRA sacks CEO Naresh Takkar
Ratings firm ICRA Ltd said on Thursday it has fired managing director and chief executive Naresh Takkar with immediate effect. ICRA’s...
Finance
Maharashtra govt readies new fintech fund for direct startup bets
Government of Maharashtra-backed Mumbai FinTech Hub plans to set up a fund to take direct equity stakes in financial technology...
People
Indifi Technologies appoints former Freecharge top exec as president
Fintech startup Indifi Technologies has appointed former Freecharge chief executive officer Sangram Singh as its president, the...
Healthcare
NCLAT sets aside Sterling Biotech liquidation, allows lenders to drop insolvency case
The National Company Law Appellate Tribunal (NCLAT) has set aside a lower court’s order to liquidate Sterling Biotech Ltd...
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