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Tencent lines up big-ticket Swiggy investment; Jindal Steel & Power mulls breakup

General

04 September, 2018

Tencent lines up big-ticket Swiggy investment; Jindal Steel & Power mulls breakup

Food-tech startup Swiggy is reportedly on course to raise its third mega funding round of this year, according to a ......

Investment bank Singhi Advisors hires Sunil Pahilajani as partner

Finance

03 September, 2018

Investment bank Singhi Advisors hires Sunil Pahilajani as partner

Mid-market investment bank Singhi Advisors has hired Sunil Pahilajani as a partner to lead its Delhi and North India offices,...

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Company watch: Carlyle-backed Metropolis in pink of health but faces testing times

Healthcare

03 September, 2018

Company watch: Carlyle-backed Metropolis in pink of health but faces testing times

Metropolis Healthcare Ltd has strengthened its operational and financial muscles ever since the founding Shah family gained control...

Sequoia-backed Tapzo to wind up operations next month

TMT

03 September, 2018

Sequoia-backed Tapzo to wind up operations next month

Personal assistant platform Tapzo, which was recently in the news for a potential acquisition by Amazon’s payment service,...

Didi Chuxing, WeWork may back OYO; General Atlantic, Temasek eye stake in Byju's

General

03 September, 2018

Didi Chuxing, WeWork may back OYO; General Atlantic, Temasek eye stake in Byju's

Budget hospitality chain OYO is looking to raise money from Chinese ride-hailing firm Didi Chuxing and shared workspace provider...

India's factory growth slows in August as domestic demand softens

Economy

03 September, 2018

India's factory growth slows in August as domestic demand softens

Growth in India’s manufacturing sector unexpectedly slowed in August as domestic demand softened, a private business survey...

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India's mid-size bad loans resolution process from this month: Project Sashakt's Mehta

Finance

03 September, 2018

India's mid-size bad loans resolution process from this month: Project Sashakt's Mehta

In early July, a panel led by Sunil Mehta, non-executive chairman at Punjab National Bank, proposed a five-pronged Project Sashakt ......

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As PE-backed power firms stare at bankruptcy, deal activity may pick up pace

Infrastructure

31 August, 2018

As PE-backed power firms stare at bankruptcy, deal activity may pick up pace

Between 2009 and 2011, many private equity firms invested in Indian power companies as they hoped to benefit from rising ......

India GDP growth quickens to 8.2% in April-June

Economy

31 August, 2018

India GDP growth quickens to 8.2% in April-June

India's economic growth surged to a more than two-year high of 8.2 percent in the three months through June from ......

Paytm among top tech firms to get funding this week

TMT

31 August, 2018

Paytm among top tech firms to get funding this week

Digital payments firm Paytm added one more high-profile investor to its list as it got funding from billionaire Warren Buffett-led ......

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