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Infrastructure
Jet Airways defaults on debt payment to banks
Debt-laden Jet Airways Ltd has delayed the payment to a consortium of Indian banks, led by State Bank of India ......
Finance
BancoSol CEO Kurt Koenigsfest on exploring India, learnings from MFI industry
Bolivia-based BancoSol started out as a microfinance institution before transitioning into a commercial bank around 20 years ago to keep ......
Finance
Flashback 2018: Financial sector grapples with PNB scam, NBFC crisis, RBI-govt row
Bad loans, the rising gulf between the Reserve Bank of India and the government, and the Punjab National Bank-Nirav Modi ......
Economy
India's April-November fiscal deficit touches 115% of budget target
India’s April-November fiscal deficit stood at Rs 7.17 trillion ($101.93 billion), or 114.8% of the budgeted target for...
TMT
Apple to start assembling top-end iPhones in India
Importantly, Foxconn will be assembling the most expensive models, such as devices in the flagship iPhone X family, the source...
TMT
Flashback 2018: Indian IT beefs up digital muscle; new-age tech firms roll in money
Indian software services companies accelerated efforts to strengthen their skills in digital technologies this year--including...
Healthcare
Flashback 2018: Ayushman Bharat, big-ticket deals recharge Indian healthcare
The launch of Ayushman Bharat—touted as the world’s largest state-sponsored health insurance scheme—and a billion-dollar...
Finance
Northern Arc raises debt funding from Dutch development bank FMO
Non-banking financial company Northern Arc Capital Ltd has raised Rs 200 crore (about $28.5 million) in debt funding from Dutch...
Consumer
Why specialised food companies have good growth prospects
Over the past few years, the food industry has seen the rise of companies with specialised offerings. From companies that ......
Finance
Flashback 2018: Stressed assets pain eases as bad loan clean-up gains momentum
Two years ago, in December 2016, the Insolvency and Bankruptcy Code (IBC) came into effect. While the new bankruptcy law ......
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