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Policy Tracker: Tourists are flocking to India, but that's not the whole story

Consumer

22 March, 2019

Policy Tracker: Tourists are flocking to India, but that's not the whole story

Earlier this week, Canada’s Brookfield Asset Management Inc. announced that it was acquiring Hotel Leelaventure Ltd’s...

Blackstone eyes VG Siddhartha's realty unit; Nykaa acqui-hires former ICICI Venture exec's startup

General

22 March, 2019

Blackstone eyes VG Siddhartha's realty unit; Nykaa acqui-hires former ICICI Venture exec's startup

Private equity firm Blackstone, one of India's biggest owners of office space, is likely to acquire a real estate venture...

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Value Lens: Has L&T's hostile bid for Mindtree come in at a premium or a discount?

TMT

20 March, 2019

Value Lens: Has L&T's hostile bid for Mindtree come in at a premium or a discount?

Mergers and acquisitions are not uncommon in India's $167-billion information technology industry. Usually, either the buyer...

Can ESG and ethical investing attract enough investors in India?

Finance

20 March, 2019

Can ESG and ethical investing attract enough investors in India?

A few investment firms are going the extra mile in India, penetrating hinterlands that were earlier under-served. The firms that ......

PNB fraud: Jeweller Nirav Modi denied bail after being arrested in UK

Finance

20 March, 2019

PNB fraud: Jeweller Nirav Modi denied bail after being arrested in UK

Fugitive billionaire jeweller Nirav Modi had been arrested in London on behalf of the Indian authorities, British police said...

DLF, Hines form joint venture for $275 mn commercial project

Infrastructure

20 March, 2019

DLF, Hines form joint venture for $275 mn commercial project

Indian developer DLF Ltd has formed a joint venture with US-based property investment firm Hines for constructing a high-end commercial...

Etihad asks SBI to acquire Jet stake; PE firms look to buy Dewan Housing's bonds

General

20 March, 2019

Etihad asks SBI to acquire Jet stake; PE firms look to buy Dewan Housing's bonds

Abu Dhabi-based Etihad has asked State Bank of India to purchase its 24% stake in cash-strapped Jet Airways, compounding the ......

Government asks banks to save Jet Airways, avoid bankruptcy

Infrastructure

19 March, 2019

Government asks banks to save Jet Airways, avoid bankruptcy

India’s government has asked state-run banks to rescue privately held Jet Airways without pushing it into bankruptcy, as...

Leo Puri to head Northern Arc Capital board

Finance

18 March, 2019

Leo Puri to head Northern Arc Capital board

Leo Puri, former managing director of UTI Asset Management Company (or UTI Mutual Fund), has joined the board of Chennai-based...

RCom calls off asset sale to Reliance Jio, settles dues with Ericsson

Finance

18 March, 2019

RCom calls off asset sale to Reliance Jio, settles dues with Ericsson

Swedish telecom equipment maker Ericsson has received 4.62 billion rupees ($67.42 million) from Indian telecoms firm Reliance...

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