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Current account deficit for Oct-Dec widens sharply on higher imports

Economy

16 March, 2018

Current account deficit for Oct-Dec widens sharply on higher imports

India’s October-December current account deficit widened sharply from a year earlier, driven by higher imports, data from the Reserve Bank ......

General

16 March, 2018

Modi govt feels heat as GST woes, poll losses and fraud expose chinks in 2019 bid

Last year, the government had ushered in the Goods and Services Tax with much fanfare. Since then, however, the one-nation-one-tax ......

General

16 March, 2018

General Atlantic eyes Capital Foods; ChrysCapital bids for Mankind Pharma stake

US-based private equity firm General Atlantic LLC is in an advanced stage of negotiations to acquire a controlling stake in ......

Finance

15 March, 2018

Trade deficit narrows to $12 bn in February

India’s trade deficit narrowed to $12 billion in February from $16.30 billion in the previous month, the trade secretary said ......

General

15 March, 2018

Canada fund CDPQ eyes CLP India; Kalaari in talks to sell stake in Snapdeal

Canada's second-biggest public pension fund, La Caisse de dépôt et Placement du Québec (CDPQ), is in advanced talks with investment ......

Finance

15 March, 2018

PNB branch at centre of Nirav Modi scam detects new fraud

India’s Punjab National Bank (PNB) has detected another small fraud at a Mumbai branch which is at the centre of ......

People

14 March, 2018

HSA Advocates hires Link Legal's Rajdeep Choudhury as partner

Rajdeep Choudhury Law firm HSA Advocates has hired Rajdeep Choudhury as partner to strengthen its practice in disputes...

Finance

14 March, 2018

What is keeping investors away from buying into stressed assets?

Indian banks are grappling with stressed assets worth nearly $150 billion. The enactment of the Bankruptcy and Insolvency Code and ......

Finance

14 March, 2018

World Bank will lend more to India with focus on infra

The World Bank plans to raise lending to India by about $1 billion every year for the next five years ......

General

14 March, 2018

Walmart eyes majority stake in Flipkart; Blackstone ends bid for Anand Jain fund

US-based retailer Walmart Inc. is in advanced discussions to acquire a large stake in e-commerce company Flipkart, The Economic Times ......

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