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AIFs a fast-growing category, becoming mature: Old Bridge's Kenneth Andrade

People

30 May, 2018

AIFs a fast-growing category, becoming mature: Old Bridge's Kenneth Andrade

Kenneth Andrade is known for his knack of identifying wealth-creating stocks. His investment strategies over the years, which have included ......

Fortis clears deck for fresh bidding war

Healthcare

29 May, 2018

Fortis clears deck for fresh bidding war

Fortis Healthcare Ltd said on Tuesday it will initiate a fresh bidding for its sale as the winning bid of ......

CBI files case against AirAsia CEO Tony Fernandes over flying licence

People

29 May, 2018

CBI files case against AirAsia CEO Tony Fernandes over flying licence

India's federal police force said on Tuesday it has filed a case against AirAsia Group Bhd CEO Tony Fernandes relating ......

Fortis arm asked to pay $75 mn for profiteering amid cash crunch, takeover battle

Healthcare

29 May, 2018

Fortis arm asked to pay $75 mn for profiteering amid cash crunch, takeover battle

A Delhi High Court committee has asked a unit of Fortis Healthcare Ltd to pay Rs 503 crore ($74.6 million) ......

Uber elevates India head to Asia-Pacific chief

People

28 May, 2018

Uber elevates India head to Asia-Pacific chief

Uber India and South Asia chief Amit Jain will now head the ride-hailing app’s operations in the Asia-Pacific, with his ......

Is the Street overvaluing Fortis-Religare Health Trust deal?

Opinion

28 May, 2018

Is the Street overvaluing Fortis-Religare Health Trust deal?

When I was invested in an asset-light chain of day-care surgery centers in India, investors were giving a premium ......

SAIF Partners-backed Manpasand Beverages' shares tank after auditor quits

Consumer

28 May, 2018

SAIF Partners-backed Manpasand Beverages' shares tank after auditor quits

Shares of fruit juice manufacturer Manpasand Beverages Ltd, backed by SAIF Partners, tanked 20% on Monday after the resignation of ......

India unwrapped: United opposition, costlier fuel add to PM Modi's headache

General

25 May, 2018

India unwrapped: United opposition, costlier fuel add to PM Modi's headache

Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) would like to forget the week gone by in a hurry.The BJP ......

Stressed assets: Shriram EPC faces insolvency; RCom, Jaiprakash fight NCLT orders

General

25 May, 2018

Stressed assets: Shriram EPC faces insolvency; RCom, Jaiprakash fight NCLT orders

The National Company Law Tribunal’s various branches are monitoring several hundred cases of stressed assets. In the third of a ......

SEBI issues notices to ICICI Bank, CEO Chanda Kochhar in Videocon case

Finance

25 May, 2018

SEBI issues notices to ICICI Bank, CEO Chanda Kochhar in Videocon case

The Securities and Exchange Board of India (SEBI) has issued notices to ICICI Bank and chief executive officer (CEO) Chanda ......

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