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StanChart eyes $100 bn private banking assets in growth push

Finance

14 August, 2019

StanChart eyes $100 bn private banking assets in growth push

Standard Chartered is targeting growing its private banking assets by 50% to about $100 billion in three to five years ......

Grapevine: Temasek backs Manipal bid for Medanta; GIP roads now one-horse race for CDPQ

General

14 August, 2019

Grapevine: Temasek backs Manipal bid for Medanta; GIP roads now one-horse race for CDPQ

Temasek is backing Manipal Hospitals’ bid to acquire Naresh Trehan-promoted Medanta Hospitals with an additional cheque...

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Shardul Shroff on the IBC's ‘tortuous process' and the dangers of oligopoly

Finance

13 August, 2019

Shardul Shroff on the IBC's ‘tortuous process' and the dangers of oligopoly

India’s three-year-old bankruptcy law still needs to be fine-tuned to attract financial investors and to prevent the concentration...

July retail inflation stays low enough to allow RBI a fifth rate cut

Economy

13 August, 2019

July retail inflation stays low enough to allow RBI a fifth rate cut

India's retail inflation rate eased slightly in July, staying below the central bank's 4% medium-term target for a 12th...

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Consumer slowdown gets more entrenched, moves beyond automobiles

Consumer

13 August, 2019

Consumer slowdown gets more entrenched, moves beyond automobiles

The softening of consumer demand in India is showing signs of getting more broad-based in what could start impacting business...

Sam Ghosh quits Bharti Enterprises, group names new head of financial services biz

People

13 August, 2019

Sam Ghosh quits Bharti Enterprises, group names new head of financial services biz

Bharti Enterprises Ltd has appointed former Max Life Insurance executive Rajesh Sud as its new managing director for financial...

Bosch's Indian unit begins restructuring as auto sector slowdown bites

Manufacturing

13 August, 2019

Bosch's Indian unit begins restructuring as auto sector slowdown bites

India-listed manufacturer Bosch Ltd said on Tuesday it had begun restructuring parts of its business in light of a deepening ......

Passenger vehicle sales drop at steepest pace in nearly two decades

Manufacturing

13 August, 2019

Passenger vehicle sales drop at steepest pace in nearly two decades

India’s domestic passenger vehicle sales fell 30.9% in July, an auto industry body said on Tuesday, marking a ninth straight...

Grapevine: Amazon likely to buy into Future Retail; WestBridge may invest in Rapido

General

13 August, 2019

Grapevine: Amazon likely to buy into Future Retail; WestBridge may invest in Rapido

Two-wheeler taxi startup Rapido is in talks to raise $50 million (about Rs 355.5 crore at current exchange rate) in ......

How Reliance-Microsoft tie-up helps startups but poses threat to Amazon, Google

TMT

13 August, 2019

How Reliance-Microsoft tie-up helps startups but poses threat to Amazon, Google

India's Reliance Industries Ltd on Monday announced a partnership with Microsoft's Azure cloud platform, in a move that...

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