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India set to meet FY18 fiscal deficit target, says finance ministry official

Finance

29 March, 2018

India set to meet FY18 fiscal deficit target, says finance ministry official

India will meet its fiscal deficit target of 3.5 percent of GDP for the 2017/18 fiscal year ending this month, ......

SEBI strengthens corporate governance norms, asks big firms to split titles

General

28 March, 2018

SEBI strengthens corporate governance norms, asks big firms to split titles

The Securities and Exchange Board of India (SEBI) has approved an industry panel’s recommendations on the role and composition of ......

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Former Milestone Capital partner Sandeep Chadha joins logistics firm

People

28 March, 2018

Former Milestone Capital partner Sandeep Chadha joins logistics firm

Sandeep Chadha, who quit as partner of homegrown real estate-focussed private equity firm Milestone Capital late last year, has now ......

State-run IDBI Bank discloses $119 mn fraud

Finance

28 March, 2018

State-run IDBI Bank discloses $119 mn fraud

IDBI Bank Ltd said on Tuesday fraudulent loans of 7.72 billion rupees ($118.8 million) were issued from five of its ......

BillDesk up for sale but talks hit dead end; US hedge fund eyes stake in Swiggy

General

28 March, 2018

BillDesk up for sale but talks hit dead end; US hedge fund eyes stake in Swiggy

Mumbai-based IndiaIdeas.com Ltd, which operates payments gateway BillDesk, held separate discussions with PayU, American Express and PayPal for a potential ......

Law firm Trilegal promotes two counsels as partners

People

27 March, 2018

Law firm Trilegal promotes two counsels as partners

Law firm Trilegal has promoted two of its counsels, Soumya Hariharan and Arnav Dayal, as equity partners.Hariharan will become a ......

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Non-banking lender Capri Global looking to diversify into asset reconstruction biz

Finance

27 March, 2018

Non-banking lender Capri Global looking to diversify into asset reconstruction biz

Non-banking finance company Capri Global Capital Ltd is planning to foray into India’s distressed assets space, a top company executive ......

Goldman eyes minority stake in Royal Sundaram; Leap Green seeks KKR backing

General

27 March, 2018

Goldman eyes minority stake in Royal Sundaram; Leap Green seeks KKR backing

US investment banking major Goldman Sachs is in talks to pick up a minority stake in Royal Sundaram General Insurance ......

SoftBank probes shareholder campaign against former president Nikesh Arora

People

27 March, 2018

SoftBank probes shareholder campaign against former president Nikesh Arora

SoftBank Group Corp is probing whether the shareholder allegations against India-born former president Nikesh Arora and chief strategy officer Alok ......

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Video streaming giant Netflix hires new India legal head

People

26 March, 2018

Video streaming giant Netflix hires new India legal head

US-headquartered video streaming giant Netflix Inc has hired a new legal head for its Indian operations.Netflix told VCCircle that Ashish ......

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