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Recent India PE exit returns beat top public market mutual funds: VCCircle study

Finance

02 May, 2019

Recent India PE exit returns beat top public market mutual funds: VCCircle study

A reasonable return from investments—the primary incentive for moneybags to open their sack—has long been seen as...

India's factory growth hits eight-month low in April

Manufacturing

02 May, 2019

India's factory growth hits eight-month low in April

India’s factory activity expanded at its slowest pace in eight months in April as growth in new orders and output ......

KKR may buy into Airtel-Vodafone tower biz; MT Educare plans ed-tech unit's IPO

General

02 May, 2019

KKR may buy into Airtel-Vodafone tower biz; MT Educare plans ed-tech unit's IPO

Bharti Airtel and the Vodafone Group are in discussions with a consortium led by private equity firm KKR to sell ......

US Fed defies Trump, refuses to cut interest rates

Finance

02 May, 2019

US Fed defies Trump, refuses to cut interest rates

The U.S. Federal Reserve on Wednesday held interest rates steady and signaled little appetite to adjust them any time soon, ......

Indian refiner Nayara Energy closes $750 mn pre-payment deal with Trafigura, BP

Manufacturing

01 May, 2019

Indian refiner Nayara Energy closes $750 mn pre-payment deal with Trafigura, BP

Russian-backed Indian refiner Nayara Energy has completed a long-term pre-payment deal with BP and global commodities trader Trafigura...

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Top retail banking exec at IDFC First quits, to float own venture

Finance

01 May, 2019

Top retail banking exec at IDFC First quits, to float own venture

A top executive of Mumbai-based IDFC First Bank Ltd has quit the firm and is in the process of setting ......

Lok Sabha polls: How cash-rich BJP is leaving Congress, other rivals in the dust

General

01 May, 2019

Lok Sabha polls: How cash-rich BJP is leaving Congress, other rivals in the dust

Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) is flush with cash, giving his Hindu nationalist bloc a massive...

ASK Property Investment injects $50 mn into two Pune developers

Infrastructure

01 May, 2019

ASK Property Investment injects $50 mn into two Pune developers

ASK Property Investment Advisors, the real estate investment arm of financial services company ASK Group, has invested Rs 350...

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Policy Tracker: How top state-run companies performed during Modi regime

Manufacturing

01 May, 2019

Policy Tracker: How top state-run companies performed during Modi regime

In April last year, Prime Minister Narendra Modi asked public-sector undertakings (PSUs) to come up with a roadmap to build ......

ABG Shipyard heads to junkyard as NCLT orders liquidation

Manufacturing

01 May, 2019

ABG Shipyard heads to junkyard as NCLT orders liquidation

A bankruptcy court has ordered liquidation of debt-laden ABG Shipyard Ltd after lenders rejected an offer by the sole bidder ......

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