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India's economic growth slumps to 5% in April-June quarter

Economy

30 August, 2019

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 ......

Economy

30 August, 2019

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

30 August, 2019

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...

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TMT

30 August, 2019

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

30 August, 2019

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

30 August, 2019

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

30 August, 2019

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

29 August, 2019

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...

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Finance

29 August, 2019

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

29 August, 2019

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...

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