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Manufacturing
Serial entrepreneur Yogesh Mahansaria on strategies to build businesses
Yogesh Mahansaria is building his third tyres business. Previously, he acquired and expanded off-highway tyre maker Alliance Tire Group, before ......
Finance
Allahabad Bank reports SEL Manufacturing's $100 mn fraud
Allahabad Bank Ltd on Wednesday reported a 6.89 billion rupees ($100.1 million) fraud related to textile company SEL Manufacturing...
Finance
SoftBank's Masayoshi Son says Japan lacks investment opportunities, lagging in AI race
SoftBank Group Corp founder and Chief Executive Masayoshi Son said on Thursday that there is a dearth of investment opportunities...
General
Grapevine: GIC may buy into Taj GVK; First Degree to snap up two Essel financial firms
Singapore sovereign wealth fund GIC is in preliminary talks with GVK Power and Infrastructure to acquire its stake in Taj ......
Finance
CARE Ratings sends CEO Rajesh Mokashi on leave pending inquiry
India's CARE Ratings Ltd has sent Managing Director and Chief Executive Officer Rajesh Mokashi on leave until further notice,...
Finance
Punjab & Sind Bank reports fraud in Bhushan Power account
India’s Punjab & Sind Bank (PSB) said on Wednesday it has reported a 2.38 billion rupee ($34.58 million) fraud to ......
Finance
Govt plan to issue foreign currency bonds faces opposition from RSS wing
An influential Hindu nationalist group close to Prime Minister Narendra Modi’s ruling party has demanded his government...
Healthcare
US FDA says drugmaker Strides Pharma Science shredded key documents
A U.S. Food and Drug Administration (FDA) investigator discovered that India’s Strides Pharma Science Ltd, which exports...
Healthcare
M&A activity in healthcare softens, PE dealmaking steady in Q2
Merger and acquisition activity in India's healthcare sector has slowed in recent quarters from last year when Malaysian company...
Infrastructure
Suzlon Energy defaults again, says working on debt resolution
Wind-turbine maker Suzlon Energy Ltd has defaulted on the payment of foreign currency convertible bonds (FCCBs) worth $172 million...
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