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Microlenders' gross loan portfolio surges 58% in July-September: MFIN report

Finance

03 December, 2018

Microlenders' gross loan portfolio surges 58% in July-September: MFIN report

The gross loan portfolio of non-banking financial companies-microfinance institutions (NBFC-MFIs) rose to Rs 59,514 crore in the...

Tata Sons rejects plan to buy Prabhat Dairy; Go-Jek may back Mobile Premier League

General

03 December, 2018

Tata Sons rejects plan to buy Prabhat Dairy; Go-Jek may back Mobile Premier League

Tata Global Beverages’ proposal to purchase Prabhat Dairy Ltd for about Rs 400 crore has been rejected by Tata Sons ......

India's factory output in November hits quickest pace of 2018

Manufacturing

03 December, 2018

India's factory output in November hits quickest pace of 2018

India's factory activity in November expanded at the fastest pace this year, buoyed by a rise in domestic and foreign ......

India GDP growth slows to 7.1% in July-September

Finance

30 November, 2018

India GDP growth slows to 7.1% in July-September

India’s economy grew a lower-than-expected 7.1% in the July-September quarter from a more than two-year high of 8.2% in...

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Explained: Why the Centre wants a GST Council-like body for agri, health policies

Finance

30 November, 2018

Explained: Why the Centre wants a GST Council-like body for agri, health policies

Union finance minister Arun Jaitley has pitched for federal institutions to administer and implement policies in the healthcare...

Fairfax may sell stake in ICICI Lombard; Sequoia may back ed-tech firm Eruditus

General

30 November, 2018

Fairfax may sell stake in ICICI Lombard; Sequoia may back ed-tech firm Eruditus

Fairfax, which is controlled by investor Prem Watsa, known as the “Warren Buffett of Canada”, is considering reducing its stake ......

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Company watch: Kurlon's high profit growth cushions revenue slowdown

Consumer

30 November, 2018

Company watch: Kurlon's high profit growth cushions revenue slowdown

Kurlon Enterprise Ltd struggled to expand its top line but improved profitability during the year through March 2018, as the ......

RBI eases asset securitisation norms for NBFCs

Finance

29 November, 2018

RBI eases asset securitisation norms for NBFCs

The Reserve Bank of India (RBI) on Thursday relaxed rules for non-banking financial companies (NBFCs) to sell or securitise their...

Explained: Why Modi govt cut GDP growth rates for previous years

Economy

29 November, 2018

Explained: Why Modi govt cut GDP growth rates for previous years

Once upon a time only economists and academics fretted over economic indicators like gross domestic product (GDP). But not any...

Adani to fully fund troubled Australia coal project

Infrastructure

29 November, 2018

Adani to fully fund troubled Australia coal project

India’s Adani Enterprises will fully fund its coal mine and rail project in Australia itself, the company said on Thursday,...

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