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Grapevine: Sequoia may top up sixth India fund; Ebix eyes PE-backed Trimax

General

31 July, 2019

Grapevine: Sequoia may top up sixth India fund; Ebix eyes PE-backed Trimax

Sequoia Capital India, one of the most active venture capital firms in India, is raising $200 million (about Rs 1,377 ......

RBI eases external commercial borrowing norms for companies, NBFCs

Finance

31 July, 2019

RBI eases external commercial borrowing norms for companies, NBFCs

The Reserve Bank of India on Tuesday relaxed norms on end-use of funds raised via external commercial borrowings, making it ......

Café Coffee Day founder VG Siddhartha's body found; firm names interim chairman

People

31 July, 2019

Café Coffee Day founder VG Siddhartha's body found; firm names interim chairman

Indian authorities confirmed on Wednesday they have recovered the body of coffee baron V.G. Siddhartha, who was missing since...

NCLAT grants three weeks to Dighi Port promoters to settle creditors' claims

Infrastructure

30 July, 2019

NCLAT grants three weeks to Dighi Port promoters to settle creditors' claims

The National Company Law Appellate Tribunal (NCLAT) has granted three weeks' time to the promoters of debt-ridden Dighi Port...

Cafe Coffee Day founder goes missing; pressure from PE firm, lenders seen as trigger

Consumer

30 July, 2019

Cafe Coffee Day founder goes missing; pressure from PE firm, lenders seen as trigger

VG Siddhartha, the founder of coffee retail chain Cafe Coffee Day, has gone missing and may have committed suicide, multiple ......

Grapevine: KKR eyes bigger Asia fund; Steadview, Ribbit may lead $75 mn round in BharatPe

General

30 July, 2019

Grapevine: KKR eyes bigger Asia fund; Steadview, Ribbit may lead $75 mn round in BharatPe

Buyout fund KKR & Co. is planning to raise a bigger Asia private equity fund and has hit the first ......

Premium
Construction firm IVRCL heads for liquidation

Infrastructure

29 July, 2019

Construction firm IVRCL heads for liquidation

Hyderabad-based construction company IVRCL Ltd is headed for liquidation after failing to find a buyer under a bankruptcy resolution...

Dr Reddy's Laboratories elevates Erez Israeli as CEO

Healthcare

29 July, 2019

Dr Reddy's Laboratories elevates Erez Israeli as CEO

Indian pharmaceutical company Dr Reddy’s Laboratories Ltd said on Monday it has elevated Erez Israeli as its chief executive...

Higher taxes may trigger fund flight, warns former RBI governor Bimal Jalan

Finance

29 July, 2019

Higher taxes may trigger fund flight, warns former RBI governor Bimal Jalan

A former Reserve Bank of India (RBI) governor, Bimal Jalan, has warned that the higher income taxes the government introduced...

Affle India's IPO crosses one-fourth mark on first day

TMT

29 July, 2019

Affle India's IPO crosses one-fourth mark on first day

The initial public offering (IPO) of Affle (India) Ltd, the local arm of Singapore-based mobile solutions company Affle Holdings...

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