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Narayana Murthy ups stake in JV with Amazon; Actis may float new renewables entity

General

07 February, 2019

Narayana Murthy ups stake in JV with Amazon; Actis may float new renewables entity

Infosys co-founder NR Narayana Murthy’s family office has increased its stake from 51% to 76% in its joint venture with...

Cognizant names Vodafone exec Brian Humphries new CEO

People

06 February, 2019

Cognizant names Vodafone exec Brian Humphries new CEO

Cognizant Technology Solutions Corp on Wednesday beat Wall Street estimates for quarterly results, benefiting from higher spending...

Rupee to underperform in 2019 even as dollar's dominance diminishes: Poll

Economy

06 February, 2019

Rupee to underperform in 2019 even as dollar's dominance diminishes: Poll

The Indian rupee is set to underperform against the dollar again this year, weighed down by uncertainty ahead of a ......

Centrum, Ranjan Pai invest in Jana; Essel may sell some of its finserv biz

General

06 February, 2019

Centrum, Ranjan Pai invest in Jana; Essel may sell some of its finserv biz

Bengaluru-headquartered Jana Small Finance Bank Ltd has raised Rs 300 crore ($42 million at current exchange rate) from Centrum...

Piramal-CDPQ's realty platform backs Lodha smart city project in maiden deal

Infrastructure

05 February, 2019

Piramal-CDPQ's realty platform backs Lodha smart city project in maiden deal

The co-investment fund of diversified Piramal Enterprises Ltd (PEL) and Canadian pension fund CDPQ has invested equity capital...

RBI may soften policy stance, inch towards rate cut

Economy

05 February, 2019

RBI may soften policy stance, inch towards rate cut

The Reserve Bank of India is likely to change its monetary policy stance to “neutral” from “calibrated tightening”...

Indian services activity slows for a second month in January

Economy

05 February, 2019

Indian services activity slows for a second month in January

Growth in India’s dominant services sector weakened for a second month in January but firms accelerated hiring despite waning...

UK approves fugitive businessman Vijay Mallya's extradition to India

General

05 February, 2019

UK approves fugitive businessman Vijay Mallya's extradition to India

The British government has signed an order to extradite Indian liquor and aviation tycoon Vijay Mallya, the UK’s Home Office...

FDI equity inflows decline 11% for April-September period

Economy

04 February, 2019

FDI equity inflows decline 11% for April-September period

Foreign direct investment (FDI) equity inflows in India declined 11% year-on-year in dollar terms for the first half of the ......

Delhi-NCR tops deal value chart in 2018: VCCEdge report

Finance

04 February, 2019

Delhi-NCR tops deal value chart in 2018: VCCEdge report

Delhi-NCR emerged as the top destination in terms of overall value of deals struck last year, according to the VCCEdge ......

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