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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 ......

India's April-July fiscal deficit at 86.5% of full-year target

Economy

31 August, 2018

India's April-July fiscal deficit at 86.5% of full-year target

India reported on Friday a fiscal deficit of 5.4 trillion rupees ($76.12 billion) for April-July, or 86.5 percent of the ......

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Former Utkarsh Small Finance Bank execs float microfinance company

Finance

31 August, 2018

Former Utkarsh Small Finance Bank execs float microfinance company

Two former executives at Utkarsh Small Finance Bank Ltd have set up a microfinance company and are aiming to raise ......

Menlo comes as LP in Unitary Helion's VC fund; JSW bid for Prayagraj tops Resurgent PE's

General

31 August, 2018

Menlo comes as LP in Unitary Helion's VC fund; JSW bid for Prayagraj tops Resurgent PE's

Early-stage venture capital firm Unitary Helion Ventures has received commitment from California-based VC firm Menlo Ventures...

Rupee hits record low of 71 per dollar on global trade tensions

Markets

31 August, 2018

Rupee hits record low of 71 per dollar on global trade tensions

The rupee fell to a record 71 per dollar in opening trade on Friday, tracking weakness in almost all other ......

Fortis Healthcare CFO Gagandeep Singh Bedi resigns

Healthcare

30 August, 2018

Fortis Healthcare CFO Gagandeep Singh Bedi resigns

Hospital chain Fortis Healthcare Ltd said on Thursday Gagandeep Singh Bedi has resigned as its chief financial officer. Bedi...

Former Deutsche Securities India chief Laijawala to head Avendus ESG fund

Finance

30 August, 2018

Former Deutsche Securities India chief Laijawala to head Avendus ESG fund

Abhay Laijawala, a former head of Deutsche Securities India, has joined Avendus Capital Public Markets Alternate Strategies LLP...

Microlenders' gross loans jump 53% in April-June

Finance

30 August, 2018

Microlenders' gross loans jump 53% in April-June

The gross loan portfolio of microfinance institutions (MFIs) rose 53% to Rs 51,878 crore for the April-June period from Rs ......

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Project Sashakt panel engages with PE funds for AIF as investors seek clarity

Finance

30 August, 2018

Project Sashakt panel engages with PE funds for AIF as investors seek clarity

A committee of bankers tasked with implementing Project Sashakt to ease the pile of bad loans on banks’ balance sheets ......

Amazon in talks to buy into Spencer's Retail; PVR eyes Wave Cinemas

General

30 August, 2018

Amazon in talks to buy into Spencer's Retail; PVR eyes Wave Cinemas

Online retailer Amazon is in discussions to pick up a minority stake RP-Sanjiv Goenka Group’s retail chain Spencer’s...

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