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TMT
Aircel files for bankruptcy months after failed merger talks with RCom
Indian mobile carrier Aircel Ltd has filed for bankruptcy, it said on Wednesday, pressured by a high debt pile and ......
Finance
India regains status as fastest-growing economy as GDP grows 7.2% in Oct-Dec
India regained its status as the world's fastest-growing major economy in the October-December quarter, surpassing China's growth after a gap ......
Economy
India's infrastructure output grows 6.7% in January
India’s infrastructure output grew 6.7 percent in January from a year ago, government data showed on Wednesday.The growth in output ......
Economy
Fiscal deficit touches 113.7% of full-year target in first 10 months
India reported on Wednesday a fiscal deficit of 6.77 trillion rupees ($103.72 billion) for April-January or 113.7 percent of the ......
General
Dalmia Bharat top bidder for Binani Cement; Lok Capital eyes $50 mn debt fund
A joint bid by Dalmia Bharat Cement Ltd and Bain Piramal Resurgence Fund for debt-laden Binani Cement Ltd has been ......
Manufacturing
India factory activity slows to four-month low in February
Growth in India’s factory activity slowed to a four-month low in February as new orders eased and weighed on output ......
Infrastructure
Asian Infrastructure Investment Bank to invest $200 mn in NIIF
Beijing-based Asian Infrastructure Investment Bank (AIIB) has approved $1.5 billion in loans to India for infrastructure-related projects in 2018, a ......
Consumer
Brand value, ability to generate cash flows key while valuing firms: VCCircle Summit
A strong brand, a reliable distribution network and the ability to generate cash flows are among the key parameters investors ......
General
Nirav Modi case: Cyril Amarchand office raided by CBI
The Central Bureau of Investigation had searched the Mumbai office of law firm Cyril Amarchand Mangaldas last week for documents ......
Markets
Bank stocks drag Sensex, Nifty lower; PNB down 12%
Indian shares ended lower on Tuesday, dragged by bank stocks as uncertainties around state-run banks hit risk appetite.Punjab National Bank ......
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