Others
General
Grapevine: Buyout funds circle Wockhardt; Comcast consortium eyes Zee Entertainment
Buyout funds Apax Partners, Blackstone, Carlyle and KKR are in talks with Wockhardt Ltd, one of India’s oldest drug makers,...
Finance
TPG raises nearly $14 bn for global buyout, healthcare funds
Private equity firm TPG has raised a little less than $14 billion for its flagship global buyout fund and a ......
Finance
RBI may soon get power to regulate housing finance companies
The Indian government will soon give the nation's central bank power to regulate housing finance companies (HFCs), which will...
General
India's services activity contracts in June for first time in a year
India’s dominant services activity contracted for the first time in more than a year in June, dragged down by slowing ......
Finance
Wilful defaults in India cross $21 bn in 2018-19
India’s state-owned banks had classified 1.50 trillion rupees ($21.76 billion) worth of loans as “wilful defaults”...
Consumer
Value Lens: Why Lemon Tree's purchase of Keys Hotels appears pricey
In March last year, Lemon Tree Hotels Ltd became the first hotel chain in India to float an initial public ......
Finance
Multi-family office Waterfield hires Citi banker as managing director
Multi-family office and boutique advisory firm Waterfield Advisors has appointed former Citibank banker Ruchi Sankhe as its managing...
Finance
Budget 2019: Will govt look beyond recapitalisation to overhaul state-run banks?
As finance minister Nirmala Sitharaman gives final touches to her first budget speech later this week, she’d be doing so...
Finance
Facing heat, Moody's India arm ICRA sends managing director on indefinite leave
The board of ratings agency ICRA has asked managing director and chief executive Naresh Takkar to go on indefinite leave ......
General
Grapevine: Mirae Asset leads race for Citi's BKC office; VC firms to bet on Khatabook
South Korea’s Mirae Asset Global Investment is leading a race to buy Citibank India’s former headquarters at Mumbai’s...