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NCLAT sets aside Sterling Biotech liquidation, allows lenders to drop insolvency case

Healthcare

29 August, 2019

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...

Lakshmi Vilas Bank CEO quits ahead of merger with Indiabulls Housing

Finance

29 August, 2019

Lakshmi Vilas Bank CEO quits ahead of merger with Indiabulls Housing

Lakshmi Vilas Bank’s chief executive officer and managing director Parthasarathi Mukherjee has resigned citing personal...

GDP growth likely slipped in April-June but room for stimulus limited

Economy

29 August, 2019

GDP growth likely slipped in April-June but room for stimulus limited

India’s economy likely expanded at its weakest pace in more than five years in April-June, a Reuters poll showed, as ......

Indian fintech startups grappling with KYC, data use norms: VCCircle FinServ Summit

Finance

29 August, 2019

Indian fintech startups grappling with KYC, data use norms: VCCircle FinServ Summit

Firms in India’s nascent financial technology (fintech) segment are waiting for further clarity on know-your-customer (KYC)...

Fraud-hit CG Power's board removes chairman Gautam Thapar

Manufacturing

29 August, 2019

Fraud-hit CG Power's board removes chairman Gautam Thapar

CG Power and Industrial Solutions Ltd said on Thursday its board of directors has decided to remove chairman Gautam Thapar ......

Grapevine: Fotowatio seeks new buyer for India solar business

General

29 August, 2019

Grapevine: Fotowatio seeks new buyer for India solar business

JM Financial Private Equity will buy a significant minority stake in nutraceutical firm Innovcare Lifesciences Pvt. Ltd for an...

Govt eases foreign investment rules for digital media, other sectors to boost growth

Economy

28 August, 2019

Govt eases foreign investment rules for digital media, other sectors to boost growth

India’s cabinet on Wednesday approved further liberalizing of foreign direct investment (FDI) rules in four sectors, in...

EdTech startups to pitch live and attract 50+ funding sharks at the live Edupreneur Village Challenge: The Final Battle

Insights Focus

28 August, 2019

EdTech startups to pitch live and attract 50+ funding sharks at the live Edupreneur Village Challenge: The Final Battle

Getting an investor to back a venture is among the foremost issues faced by most startups in India. To make ......

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NBFCs should explore lending off balance sheets: Panellists at VCCircle summit

Finance

28 August, 2019

NBFCs should explore lending off balance sheets: Panellists at VCCircle summit

Non-banking financial companies should look to increase their lending off balance sheets to lower provisions and tackle the liquidity...

Govt may ask e-commerce companies to cut plastic packaging

TMT

28 August, 2019

Govt may ask e-commerce companies to cut plastic packaging

India is set to impose a nationwide ban on plastic bags, cups and straws on Oct. 2, officials said, in ......

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