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Elections 2019: PM Modi-led NDA set to form next govt, predict exit polls

General

19 May, 2019

Elections 2019: PM Modi-led NDA set to form next govt, predict exit polls

Prime Minister Narendra Modi is likely to get a second term with a majority of exit polls after the end ......

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&Me's Ankur Goyal on growth plan and challenges in selling health drinks to women

Consumer

17 May, 2019

&Me's Ankur Goyal on growth plan and challenges in selling health drinks to women

A handful of Indian startups are catering to the growing demand for healthy, ready-to-drink beverages. Women-centric drinks maker &Me has ......

Ujjivan Small Finance Bank names HDFC Bank exec as new CEO

Finance

17 May, 2019

Ujjivan Small Finance Bank names HDFC Bank exec as new CEO

Ujjivan Small Finance Bank said HDFC Bank’s Nitin Chugh will join as president by August 2019 and take over as ......

Dewan Housing to sell realty loans to Oaktree; CDPQ to buy Essel's roads projects

General

17 May, 2019

Dewan Housing to sell realty loans to Oaktree; CDPQ to buy Essel's roads projects

Dewan Housing Finance Corporation is in discussions with global alternative investment management firm Oaktree Capital to sell...

Flipkart purchase drags Walmart's Q1 operating income down 4.1%

TMT

17 May, 2019

Flipkart purchase drags Walmart's Q1 operating income down 4.1%

Walmart Inc said on Thursday that prices for shoppers will rise due to higher tariffs on goods from China as ......

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Pay gap: How wide the income disparity really is in India Inc?

Finance

17 May, 2019

Pay gap: How wide the income disparity really is in India Inc?

In July 2017, a research paper co-authored by renowned economist Thomas Piketty fueled a debate after claiming that income inequality...

RBI asks non-bank lenders to appoint risk officers

Finance

17 May, 2019

RBI asks non-bank lenders to appoint risk officers

Indian shadow banks with more than 50 billion rupees ($714 million) in assets must appoint a chief risk officer, the ......

Bank of India to sell stressed assets worth $4.3 bn to ARCs

Finance

16 May, 2019

Bank of India to sell stressed assets worth $4.3 bn to ARCs

Indian government-owned Bank of India plans to put stressed assets worth Rs 30,000 crore (around $4,280 million at current exchange...

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ARCIL looks to beef up war chest for acquiring stressed assets

Finance

16 May, 2019

ARCIL looks to beef up war chest for acquiring stressed assets

Asset Reconstruction Company (India) Ltd (ARCIL) plans to raise at least Rs 1,000 crore ($142 million) in the current financial...

IndiGo founders locked in dispute; Brookfield to buy Axis Energy wind farms

General

16 May, 2019

IndiGo founders locked in dispute; Brookfield to buy Axis Energy wind farms

Budget carrier IndiGo's two founders, Rahul Bhatia and Rakesh Gangwal, are locked in a dispute that may affect the functioning...

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