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Mastercard gets one more Indian in top deck, names Sachin Mehra CFO

Finance

13 February, 2019

Mastercard gets one more Indian in top deck, names Sachin Mehra CFO

Mastercard Inc said on Wednesday its Chief Financial Officer Martina Hund-Mejean would retire in 2019, after more than a decade...

SBI General Insurance's JV partner to exit; TPG, Manipal Group eye stake in Medanta

General

13 February, 2019

SBI General Insurance's JV partner to exit; TPG, Manipal Group eye stake in Medanta

Multinational insurer Insurance Australia Group is looking to sell its 26% stake in SBI General Insurance Company Ltd for around...

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The next chapter of residential real estate's tale of woe

Infrastructure

12 February, 2019

The next chapter of residential real estate's tale of woe

India’s residential real estate market can’t seem to catch a break. From a sluggish sales environment to demonetisation,...

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Surprise entrants, familiar names among India's biggest corporate donors

Finance

12 February, 2019

Surprise entrants, familiar names among India's biggest corporate donors

What’s common to Mukesh Ambani, Anand Mahindra, Sunil Bharti Mittal, Gautam Adani and KP Singh, apart from the fact that...

Retail inflation at 19-month low in January; industrial output up 2.4% in December

Economy

12 February, 2019

Retail inflation at 19-month low in January; industrial output up 2.4% in December

India's retail inflation rate dropped to 2.05 percent in January from a year earlier, lowest since June 2017, government data...

Is out-of-court settlement better than bankruptcy law for debt resolution?

Finance

12 February, 2019

Is out-of-court settlement better than bankruptcy law for debt resolution?

The Insolvency and Bankruptcy Code has helped improve processes but delays in resolution have pushed several defaulting companies to seek ......

General Atlantic, Värde may buy into PNB Housing; Energizer, Duracell eye Eveready

General

12 February, 2019

General Atlantic, Värde may buy into PNB Housing; Energizer, Duracell eye Eveready

Private equity firm General Atlantic and US-based investment firm Värde Partners are likely to buy a 22% stake in mortgage...

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Indian firms wait too long to file for bankruptcy: Edward Altman

Finance

11 February, 2019

Indian firms wait too long to file for bankruptcy: Edward Altman

Edward Altman developed the Altman-Z score to predict bankruptcies 50 years ago. Now a professor emeritus of finance at New ......

Norway's Equinor may buy into ReNew Power; KKR, General Atlantic eye PhonePe

General

11 February, 2019

Norway's Equinor may buy into ReNew Power; KKR, General Atlantic eye PhonePe

Norwegian state-backed energy company Equinor ASA plans to buy a substantial stake in Indian renewable energy company ReNew Power...

Angel tax: Govt freezes accounts of Sheroes-owned Babygogo, VC-backed TravelKhana

Economy

08 February, 2019

Angel tax: Govt freezes accounts of Sheroes-owned Babygogo, VC-backed TravelKhana

Just after assuring angel investors and startup entrepreneurs of a speedy resolution to the issues surrounding angel tax, the...

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