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Finance
Why SME lending is attracting both investors and fintech entrepreneurs
Demand for credit from micro, small and medium-sized enterprises is huge and growing. Given the massive unmet demand, there is ......
General
Nestle, Unilever among suitors for GSK's nutrition biz; Paytm Mall eyes stake in BigBasket
Multinational companies Nestle, Unilever and Coca-Cola are among suitors in the second round of bidding for GlaxoSmithKline’s...
Manufacturing
India's factory output picks up pace in September on strong demand
Indian factory activity expanded more quickly in September on strong domestic and export order growth, a business survey showed,...
Finance
RBI restricts GIC-backed Bandhan Bank from opening new branches, caps CEO pay
The Reserve Bank of India has barred Bandhan Bank from opening new branches without its prior approval after the private-sector...
Finance
How the pecking order of foreign banks is changing in India
Foreign banks operating in India are in a better position than their domestic peers when it comes to toxic assets ......
General
KKR, Blackstone eye $3 bn Shriram Group deal; BNP Paribas may exit Geojit Financial
France's largest listed bank, BNP Paribas, is selling its entire 33% stake in Geojit Financial Services Ltd, The Times of...
Consumer
Company watch: Carzonrent bets on B2B, self-drive biz to come out of growth jam
The rapid rise of ride-hailing firms Ola and Uber over the past few years may have benefitted drivers and travellers ......
General
Atlantia eyes road projects of IL&FS; R-Com in talks to sell assets
Italy’s Benetton family-controlled infrastructure group Atlantia is in advanced talks with cash-strapped Infrastructure...
Economy
RBI eases cash rules for banks amid fears of credit crunch
The Reserve Bank of India (RBI) eased mandatory cash requirement rules for banks on Thursday and assured jittery markets it ......
Economy
US Fed raises interest rates, signals more hikes
The U.S. Federal Reserve raised interest rates on Wednesday and left intact its plans to steadily tighten monetary policy, as...
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