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General
Grapevine: Blackstone, CDPQ in deal news; PhonePe, Cred seek funding
Billionaire Yuri Milner’s DST Global, Ribbit Capital, Falcon Edge, Green Oaks, China’s Hillhouse Capital, and others...
General
India services activity bounces back in July on overseas demand
India’s services activity bounced back in July and expanded at the fastest pace in a year after contracting the previous...
Infrastructure
Jet Airways extends deadline for initial bids to August 10
India’s Jet Airways has extended the deadline for initial bids for the bankrupt airline to Aug. 10 from Aug. 3, ......
General
Podcast: IBC changes, Jet and Jaypee Infratech dominate stressed assets news
A few big debt-laden companies made news this week in the stressed assets segment while the government got parliamentary approval...
Finance
Govt unveils capital infusion plan for housing finance companies
India is infusing an additional 100 billion rupees in housing finance companies to boost lending in the sector, a government ......
General
Faasos parent, UrbanClap steal limelight in top startup funding deals this week
Rebel Foods, the parent of internet kitchen platform Faasos, and home services platform UrbanClap walked away with the biggest cheques ......
Finance
Why India's $86-bn bank rescue effort isn't enough to ease the distress
It may not be quite a bottomless pit but the Indian government’s repeated injections of funds into the nation’s state-owned...
People
Mindtree names former Cognizant executive as CEO
Indian IT services firm Mindtree Ltd on Friday named former Cognizant executive Debashis Chatterjee as its new managing director...
General
Grapevine: Swiggy raising $750 mn afresh; Blackstone may buy late coffee baron's IT park
Online food delivery startup Swiggy is in advanced talks to raise up to $750 million (Rs 5,196.5 crore at current ......
Infrastructure
Maharashtra govt grants infrastructure status to $10-bn hyperloop plan
Maharashtra has granted infrastructure project status for a $10-billion plan to build the world’s first ultra-fast hyperloop...
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