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WhatsApp mulls different payments biz model in Indonesia as India plans delayed
Facebook Inc's <FB.O> messaging service WhatsApp is in talks with multiple Indonesian digital payment firms to offer...
Finance
JM Financial set to float distressed assets funds
Mumbai-based JM Financial Ltd has revived a plan to invest in stressed assets through separate investment vehicles but has tweaked...
Finance
Does the bankruptcy law need more changes?
There is a broad agreement that the existing norms for bankruptcy resolution are not enough. Also, the infrastructure isn't enough ......
Finance
Canara Bank hires head for housing finance unit from Tata Capital
State-run Canara Bank has hired a new chief for Can Fin Homes Ltd amid revived efforts to sell a stake in ......
General
Grapevine: DHFL parent to sell loan distribution unit; Rapido buys analytics startup
Dewan Housing Finance Corp. Ltd (DHFL)’s parent Wadhawan Global Capital (WGC) is selling its loan distribution business...
Manufacturing
CG Power detects financial irregularities, shares slump
Avantha Group company CG Power and Industrial Solutions Ltd said on Tuesday it has detected unauthorised transactions and financial...
VCCircle Insight
Podcast: What's driving venture debt investments in Indian startups?
Venture debt investments in India have picked up pace over the past three years, and 2019 is turning out to ......
Economy
Govt panel suggests across board corporate tax cut to 25%
An Indian government panel has recommended cutting the corporate tax rate to 25% from 30% for all companies and scrapping ......
Finance
Govt exempts NBFCs from debenture reserve requirements
India’s shadow lenders and listed companies who issue debentures will no longer have to maintain a certain level of redemption...
People
Vodafone Idea names Ravinder Takkar as CEO
Telecom operator Vodafone Idea Ltd on Monday named Ravinder Takkar as its managing director and chief executive, replacing Balesh...
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