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Cold-chain logistics firm Kool-ex raises debt and equity funding

Infrastructure

20 February, 2019

Cold-chain logistics firm Kool-ex raises debt and equity funding

Kool-ex Cold Chain Ltd, a logistics company that caters to the pharmaceutical industry, has raised funding in a debt-and-equity...

Goldman Sachs Asia Pacific CEO Ken Hitchner to retire

Finance

19 February, 2019

Goldman Sachs Asia Pacific CEO Ken Hitchner to retire

Goldman Sachs Group Inc’s Chairman and Chief Executive for the Asia-Pacific region excluding Japan, Ken Hitchner, is retiring...

Sony, Comcast vie for stake in Zee Entertainment; PSP, Ferrovial eye GVK Airport

General

19 February, 2019

Sony, Comcast vie for stake in Zee Entertainment; PSP, Ferrovial eye GVK Airport

The promoters of Zee Entertainment Enterprises Ltd have shortlisted Japan’s Sony Corp, US cable services provider Comcast...

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In numbers: How healthy is corporate India's cash flow position?

Finance

19 February, 2019

In numbers: How healthy is corporate India's cash flow position?

On 5 February, global rating agency Moody’s Investors Service cut Bharti Airtel’s rating to junk grade. It cited,...

RBI to transfer interim surplus of nearly $4 bn to govt

Economy

18 February, 2019

RBI to transfer interim surplus of nearly $4 bn to govt

The Reserve Bank of India (RBI) on Monday decided to transfer an interim surplus of 280 billion rupees ($3.92 billion) ......

RBI to discuss interest rate pass-through with banks; SBI says no room to cut rates

Economy

18 February, 2019

RBI to discuss interest rate pass-through with banks; SBI says no room to cut rates

The Reserve Bank of India (RBI) will talk to lenders later this month about a pass-through on lower policy interest ......

Govt proposes incentives worth $12 bn for stressed power sector to curb emissions

Finance

18 February, 2019

Govt proposes incentives worth $12 bn for stressed power sector to curb emissions

India has proposed incentives worth 885 billion rupees ($12.4 billion) to encourage power plants to install equipment to curb...

Blackstone may fund Manipal in Medanta acquisition; EverSource eyes stake in Ayana

General

18 February, 2019

Blackstone may fund Manipal in Medanta acquisition; EverSource eyes stake in Ayana

Private equity giant Blackstone may invest in Ranjan Pai-led Manipal Education and Medical Group to finance its acquisition of...

India's trade deficit widens in January on rise in gold imports

Economy

15 February, 2019

India's trade deficit widens in January on rise in gold imports

India's trade deficit widened to $14.73 billion in January, mainly pushed by rise in gold imports, the trade ministry said...

Deloitte's Jayant Saran on why good-quality data is critical for stressed asset cases

Finance

15 February, 2019

Deloitte's Jayant Saran on why good-quality data is critical for stressed asset cases

Prospective bidders for companies undergoing bankruptcy often complain about the lack of enough good-quality data to assess the assets on ......

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