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Finance
CBI files charges against jeweller Mehul Choksi in PNB fraud case
The Central Bureau of Investigation (CBI) has filed charges against five further people including jeweller Mehul Choksi as part of ......
Consumer
Should consumer goods companies conserve cash or spend money to expand?
Small and mid-sized consumer products companies often have to balance the need to conserve cash and spend money to scale ......
People
Can't hope for IPOs to strike exits but M&As improving: Kalaari's Rajesh Raju
Kalaari Capital is one of India’s most active venture capital firms. It has backed more than 60 startups across sectors ......
Finance
How the $2-bn PNB fraud choked credit supply to small businesses
When a $2 billion dollar fraud at state-run Punjab National Bank rocked India two months ago, Chetan Hemani and other ......
TMT
NCLT allows Ericsson's insolvency plea against RCom; asset sale may get delayed
The National Company Law Tribunal (NCLT) on Tuesday admitted an insolvency plea filed by Sweden’s Ericsson against Reliance Communications, potentially ......
General
What the Karnataka verdict means for India's political and economic future
Assembly elections in the southern state of Karnataka have produced a hung verdict with no party getting a clear majority. ......
Finance
India's trade deficit widens to $13.7 bn in April
India’s trade deficit slightly widened to $13.72 billion in April from $13.25 billion a year ago, government data showed on ......
Finance
Northern Arc Investment raising up to $38 mn in sixth debt fund
Asset management firm Northern Arc Investment Managers Pvt. Ltd aims to raise as much as Rs 250 crore ($38 million) for ......
Infrastructure
Peek at what Kiran Energy's PE backers got in the Hinduja deal
Private investors Bessemer Venture Partners, Rivendell (formerly New Silk Route) and Argonaut Ventures have struck a deal to exit Kiran ......
Finance
Punjab National Bank posts $2 bn loss for Jan-March on Nirav Modi scam
Punjab National Bank, the fourth-biggest Indian lender by assets, posted a $1.98 billion fourth-quarter net loss after being hit by ......
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