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Budget 2019: Infrastructure spending to climb but all eyes on discoms' rising debt

Infrastructure

24 June, 2019

Budget 2019: Infrastructure spending to climb but all eyes on discoms' rising debt

Last week, while inaugurating the budget session of parliament, President Ram Nath Kovind said that India will build 35,000 km...

Grapevine: GIC, Carlyle among front runners for SBI General; Brookfield eyes Suzlon

General

24 June, 2019

Grapevine: GIC, Carlyle among front runners for SBI General; Brookfield eyes Suzlon

Singapore sovereign wealth fund GIC and five private equity firms have been shortlisted to buy a 26% stake in SBI ......

RBI deputy governor Viral Acharya resigns six months before term ends

Finance

24 June, 2019

RBI deputy governor Viral Acharya resigns six months before term ends

Reserve Bank of India Deputy Governor Viral Acharya has resigned six months before the scheduled end of his term in ......

Stressed assets: NCLT gets more judges; Jet Airways finally lands into bankruptcy court

General

21 June, 2019

Stressed assets: NCLT gets more judges; Jet Airways finally lands into bankruptcy court

In a development that will help ease the burden of bankruptcy courts and expedite the resolution of distressed assets, the ......

Podcast: M&A moves in financial services; flurry of VC deals

Investor Bulletin

21 June, 2019

Podcast: M&A moves in financial services; flurry of VC deals

There were some big-ticket transactions this week as mortgage lender HDFC agreed to acquire a 51.2% stake in Apollo Munich...

Walmart pays $282 mn to settle bribery probes in India, other countries

Consumer

21 June, 2019

Walmart pays $282 mn to settle bribery probes in India, other countries

Walmart Inc said on Thursday it will pay $282 million to settle a seven-year-long investigation into whether its overseas units...

Budget 2019: Govt may let fiscal deficit rise as tax collections fall short

Economy

21 June, 2019

Budget 2019: Govt may let fiscal deficit rise as tax collections fall short

India's government is likely to overshoot the budget deficit target previously set for the current fiscal year, three officials...

US says has no plans to cap H-1B work visa programme

TMT

21 June, 2019

US says has no plans to cap H-1B work visa programme

The Trump administration has no plans to cap H-1B work visas for nations that force foreign companies to store data ......

Grapevine: SoftBank may invest in Curefit; Lupin, Piramal eye JB Chemicals

General

21 June, 2019

Grapevine: SoftBank may invest in Curefit; Lupin, Piramal eye JB Chemicals

Japan’s SoftBank Vision Fund is looking to invest up to $350 million (about Rs 2,440 crore at current exchange rate) ......

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Value Lens: Why IndiaMart's IPO comes as a reality check for other B2B marketplaces

TMT

20 June, 2019

Value Lens: Why IndiaMart's IPO comes as a reality check for other B2B marketplaces

The recent initial public offerings of US ride-hailing companies Uber Technologies Inc. and Lyft Inc. showed that stock markets...

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