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A91 Partners closes $350-mn fund; Tiger Global may back neo-banking startup Open

General

14 May, 2019

A91 Partners closes $350-mn fund; Tiger Global may back neo-banking startup Open

A91 Partners, a venture capital firm floated last year by former Sequoia Capital executives VT Bharadwaj, Gautam Mago and Abhay...

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May invest over $200 mn in India from third fund: LeapFrog's Michael Fernandes

Finance

13 May, 2019

May invest over $200 mn in India from third fund: LeapFrog's Michael Fernandes

LeapFrog Investments, a London-based impact investor, last week closed its third fund at $700 million, topping its initial target of ......

India's April retail inflation quickens to six-month high of 2.92%

Economy

13 May, 2019

India's April retail inflation quickens to six-month high of 2.92%

India’s annual retail inflation picked up in April to 2.92% compared with 2.86% in March, government data showed on Monday. Analysts...

Raheja QBE ropes in Liberty General Insurance's Arora as MD

Finance

13 May, 2019

Raheja QBE ropes in Liberty General Insurance's Arora as MD

Raheja QBE General Insurance Co. Ltd on Monday said it has appointed Liberty General Insurance’s Pankaj Arora as chief executive...

YES SCALE's final cohort startups steal the show at Demo Day 2019

Insights Focus

13 May, 2019

YES SCALE's final cohort startups steal the show at Demo Day 2019

Innovative startups in the Agritech and Cleantech sectors showcased their impactful solutions at the YES SCALE Demo Day event...

ITC elevates Sanjiv Puri to chairman after YC Deveshwar's death

Consumer

13 May, 2019

ITC elevates Sanjiv Puri to chairman after YC Deveshwar's death

Diversified ITC Ltd on Monday elevated managing director Sanjiv Puri to the post of chairman and managing director after former...

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Company watch: Godrej Agrovet toils to boost profit margin as high input costs weigh

Manufacturing

13 May, 2019

Company watch: Godrej Agrovet toils to boost profit margin as high input costs weigh

Agri-business company Godrej Agrovet Ltd's sales growth bounced back during the year through March, but rising raw material...

British supply-chain financier Greensill gets $800 mn from SoftBank; to enter India

Finance

13 May, 2019

British supply-chain financier Greensill gets $800 mn from SoftBank; to enter India

Financing group Greensill Capital on Monday confirmed SoftBank Group Corp's Vision Fund has invested $800 million in the UK-based...

India's car, two-wheeler sales slump in April on weak consumer sentiment

Manufacturing

13 May, 2019

India's car, two-wheeler sales slump in April on weak consumer sentiment

Passenger vehicle sales in India dropped 17% in April - their worst monthly fall in nearly eight years, data from ......

Piramal sets sights on Mytrah Energy; Accor may check into Treebo Hotels

General

13 May, 2019

Piramal sets sights on Mytrah Energy; Accor may check into Treebo Hotels

Piramal Enterprises Ltd, which tied up with Canada Pension Plan Investment Board (CPPIB) last week to set up an infrastructure...

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