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WPI inflation cools for third straight month

Finance

14 March, 2018

WPI inflation cools for third straight month

India's annual wholesale price inflation eased in February for the third straight month after touching an eight-month high in November, ......

SC maintains ban on foreign law firms but lawyers can fly in to advise in India

General

13 March, 2018

SC maintains ban on foreign law firms but lawyers can fly in to advise in India

The Supreme Court on Tuesday ruled that foreign law firms cannot practise in India, but allowed international lawyers to “fly ......

Unicorn India Ventures appoints IIT professor as adviser

People

13 March, 2018

Unicorn India Ventures appoints IIT professor as adviser

Mumbai-based VC firm Unicorn India Ventures is bringing on board Professor Soumyo Mukherji, a senior faculty member at Indian Institute ......

Punjab National Bank fraud swells by $145 mn more

Finance

13 March, 2018

Punjab National Bank fraud swells by $145 mn more

The Punjab National Bank has told police that it has uncovered additional exposure of about 9.42 billion rupees ($145.2 million) ......

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How real is India Inc's earnings growth revival story?

Finance

13 March, 2018

How real is India Inc's earnings growth revival story?

Of the three narratives supporting the stratospheric rise of the stock market indices in India—liquidity, economic reforms and green shoots ......

KKR eyes Ramky Enviro Engineers; InterGlobe Tech is on the block

General

13 March, 2018

KKR eyes Ramky Enviro Engineers; InterGlobe Tech is on the block

Private equity giant KKR is in an advanced stage of discussions to acquire Hyderabad-based waste management company Ramky Enviro Engineers ......

Actis leads $82 mn investment in Sequoia-backed Pine Labs

TMT

13 March, 2018

Actis leads $82 mn investment in Sequoia-backed Pine Labs

Private equity firm Actis Capital has led an $82 million (Rs 530 crore) round into payments solutions provider Pine Labs. ......

Kuwaiti logistics firm invests in AI-based e-commerce platform Eunimart

TMT

12 March, 2018

Kuwaiti logistics firm invests in AI-based e-commerce platform Eunimart

Eunimart, an artificial intelligence-based platform for cross-border e-commerce, has raised an undisclosed amount from Agility, a Kuwait-headquartered publicly-traded global logistics ......

Industrial output up 7.5% in Jan; retail inflation eases for second straight month

Economy

12 March, 2018

Industrial output up 7.5% in Jan; retail inflation eases for second straight month

India's industrial output grew 7.5 percent in January from a year earlier, government data showed on Monday.Economists surveyed by Reuters ......

Multiples PE's Renuka Ramnath on why investors need a flexible strategy for India

Finance

12 March, 2018

Multiples PE's Renuka Ramnath on why investors need a flexible strategy for India

Renuka Ramnath, founder of private equity firm Multiples Alternate Asset Management, says limited Partners are a lot more open about ......

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