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General
Grapevine: Edelweiss may sell 20% of wealth unit; True North-backed Home First plans IPO
Financial services group Edelweiss is in talks to sell a 20% stake in its wealth management unit to US-based investment ......
Finance
IIFL Asset Management tweaks original plan for new credit fund
IIFL Asset Management Ltd has tweaked the size of its latest debt fund to exercise caution in the light of ......
Manufacturing
Why banks, stressed asset investors are fretting over tribunal ruling on Essar Steel
A recent order of an appeals tribunal in a case involving the bankruptcy resolution of Essar Steel India Ltd has ......
Infrastructure
India plans to open up gas distribution market to lure private firms, investments
The Indian government will introduce rules in six months that could lead to the phase-out of monopolies controlled by natural...
Finance
Dewan Housing lenders may accept limited haircuts to finalise rescue package
Lenders to India’s Dewan Housing Finance Ltd (DHFL) are prepared to accept limited haircuts as part of a debt restructuring...
Healthcare
Cipla makes fresh China push via JV with Jiangsu Acebright
Cipla Ltd said it has formed a joint venture (JV) with Chinese firm Jiangsu Acebright Pharmaceutical Co. Ltd, as the ......
Consumer
Coca-Cola India names new M&A head in management rejig
Global beverages giant The Coca-Cola Company’s India and South West Asia unit has appointed Sarvita Sethi as vice president...
Finance
Will the budget proposal to raise taxes on the rich hit foreign investment inflows?
The government's budget proposal earlier this month to increase taxes on those with annual incomes of more than 20 million...
General
Grapevine: NIIF mulls infusion in Multiples PE fund; Aishwarya Rai invests in startup
The National Investment and Infrastructure Fund (NIIF) is considering deploying $100 million (about Rs 685.4 crore at current...
Finance
Kotak i-banking unit hires former HSBC exec as M&A head
Kotak Mahindra Capital Co. Ltd, the investment banking arm of private-sector lender Kotak Mahindra Bank Ltd, has recruited a former...
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