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Microfinance portfolio growth slows in Oct-Dec, loan quality worsens for NBFCs

Finance

27 February, 2019

Microfinance portfolio growth slows in Oct-Dec, loan quality worsens for NBFCs

The Indian microfinance industry's loan portfolio recorded robust growth during the quarter through December 2018, but the...

Amazon may buy into Future Coupons; Faasos in talks with Temasek, CPPIB for funding

General

27 February, 2019

Amazon may buy into Future Coupons; Faasos in talks with Temasek, CPPIB for funding

US-based online retailer Amazon.com Inc. is looking to purchase a stake in Kishore Biyani-led Future Coupons Ltd to make sure...

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Company watch: Creador-backed Paras Healthcare battles inconsistent growth

Healthcare

26 February, 2019

Company watch: Creador-backed Paras Healthcare battles inconsistent growth

Paras Healthcare Pvt. Ltd suffered a third annual decline in revenue growth but reported a steep rise in net profit ......

India's April-January fiscal deficit at 121.5% of full-year target

Economy

26 February, 2019

India's April-January fiscal deficit at 121.5% of full-year target

India’s April-January fiscal deficit touched 7.7 trillion rupees ($108.36 billion), or 121.5 percent of the budgeted target...

Amazon names former PepsiCo CEO Indra Nooyi to board

People

26 February, 2019

Amazon names former PepsiCo CEO Indra Nooyi to board

Amazon.com Inc said on Monday it appointed former PepsiCo Inc Chief Executive Officer Indra Nooyi as a director, making her ......

FDI inflows on track for first full-year decline under Modi govt

Finance

26 February, 2019

FDI inflows on track for first full-year decline under Modi govt

The flow of foreign direct investment into India is dropping and may suffer its first full-year decline since Prime Minister ......

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Warburg Pincus-backed CleanMax Solar refinances debt to pay back KKR's NBFC arm

Finance

26 February, 2019

Warburg Pincus-backed CleanMax Solar refinances debt to pay back KKR's NBFC arm

CleanMax Enviro Energy Solutions Pvt. Ltd, which undertakes solar rooftop projects, has secured the backing of a listed non-banking...

Pine Labs sets sight on Qwikcilver; PEs eye Wadhawan Global's education finance biz

General

26 February, 2019

Pine Labs sets sight on Qwikcilver; PEs eye Wadhawan Global's education finance biz

Pine Labs, a point-of-sales payments solutions company, is close to acquiring Bengaluru-based digital gift card firm Qwikcilver...

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With lower GST, can residential housing finally escape economic doldrums?

Economy

25 February, 2019

With lower GST, can residential housing finally escape economic doldrums?

The developer community is enthused over the lower tax regime unveiled on Sunday ahead of the general elections, which is...

Adani Enterprises wins bids to operate five state-run airports

Infrastructure

25 February, 2019

Adani Enterprises wins bids to operate five state-run airports

India’s Adani Enterprises Ltd has won bids to operate five government-run airports in the country, two sources told Reuters...

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