Others
General
Avendus eyes IDFC Mutual Fund; Tata Steel may sell Southeast Asia units
KKR-controlled financial services firm Avendus Capital is among the bidders in the fray to buy the mutual fund business of ......
Economy
Inflation quickens to five-month high in June; industrial growth slows
India’s retail inflation rate accelerated to a five-month high of 5.0 percent in June, government data showed on Thursday, driven ......
General
SoftBank's Kabir Misra to start fund; CapitaLand ends talks for Blackstone's SEZs
Kabir Misra, managing partner at SoftBank Investment Advisers, is in advanced discussions to launch a $200-250 million fund focusing on ......
Finance
No lack of interest in India among strategic investors: Investec's Narayan
Investment banking and asset management firm Investec started operating in India as an aircraft financier in the early years of ......
Finance
Citi to set up China desk in Mumbai to prepare for Asia investment surge
Citigroup Inc will set up a China business desk in India within the year betting on a pickup in investment ......
General
Cerberus makes fresh bid for Abraaj; Multi Commodity Exchange, NSE in merger talks
New York-based Cerberus Capital Management has submitted a fresh bid of around $20 million to take over the private equity ......
Opinion
VCs must do their homework before investing, and stay alert to hazards
With the advent of startup culture, India has seen fresh tech and management graduates from top domestic and ......
TMT
Does India lag behind in digital payments despite high level of innovation?
India has emerged as a large fintech hub in recent years and new-age entrepreneurs are coming up with varied solutions ......
General
Blackstone, Carlyle eye Kraft's India consumer food biz; ADIA may back UPL unit
US-based food and beverage major The Kraft Heinz Company is in exploratory talks with potential buyers to sell its ......
Manufacturing
India tax department sells $216 mn of Vedanta shares
Cairn Energy said on Monday it would write down the value of its investment in Vedanta Ltd after Indian tax ......
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