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Finance
Norway's sovereign wealth fund doubled returns last year amid stock market boom
Norway’s $1 trillion sovereign wealth fund, the world’s largest, doubled its return on investment in 2017, beating its benchmark, as ......
General
AION-JSW bid for Monnet Ispat gets creditors' nod; Hinduja Group eyes MauBank
Debt-laden Monnet Ispat and Energy Ltd's creditors have approved an offer made by a consortium of distressed asset fund AION ......
Finance
PNB says bank fraud now estimated at nearly $2 bn
India’s Punjab National Bank (PNBK.NS) said late on Monday that the amount of fraudulent transactions involving the bank could go ......
People
RBL Bank makes senior hire for investment banking arm
Private-sector lender RBL Bank has made a senior hire for its investment banking division with an eye on strengthening its ......
Infrastructure
Company Watch: Mumbai-based supply chain manager LEAPs its way towards profit
Most companies find it hard to find their footing until year four, maybe beyond, because it usually takes that long ......
General
Weekly Wrap: Elon Musk gives Uber CEO a reality check; Amazon Retail pilots in Pune
In the week gone by, the biggest newsmakers in the Indian technology and startup ecosystem were Uber’s new chief executive ......
General
Alibaba eyes minority stake in Dailyhunt; Brookfield, Macquarie bid for highways
Chinese e-tailing giant Alibaba group may be in talks to pick up a 10-12% stake in Ver Se’ Innovation Pvt. ......
Manufacturing
IFC plans $40 mn debt investment in Jain Irrigation
International Finance Corporation will invest $40 million (Rs 260 crore) in Jain Irrigation Systems Ltd to partially finance the agribusiness ......
Finance
Is it still difficult for PE/VC investors to exit India investments?
A number of private equity and venture capital investors in India struck exit deals last year and benefitted from the ......
General
Shell eyes Fourth Partner Energy; CLP in race for Essel Infra's transmission biz
Oil and energy major Royal Dutch Shell Plc is looking to acquire a majority stake in Hyderabad-based rooftop solar firm ......
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