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India's October jobless rate rises to 6.98%: CMIE

Economy

02 November, 2020

India's October jobless rate rises to 6.98%: CMIE

India’s unemployment rate in October rose to 6.98% from 6.67% in September, according to data released by the Centre for...

Grapevine: Tatas rejects Interups' buyout offer for AirAsia India JV partner

General

30 October, 2020

Grapevine: Tatas rejects Interups' buyout offer for AirAsia India JV partner

The Tata group has refused an offer from US-based fund Interups Inc. to buy out its Malaysian joint venture (JV) ......

Global coronavirus cases rise by single-day record of half a million

General

30 October, 2020

Global coronavirus cases rise by single-day record of half a million

Global coronavirus cases rose by more than 500,000 for the first time on Wednesday, a record one-day increase as countries ......

Grapevine: Tatas in talks to acquire Bigbasket; DP World-Shreyas deal in trouble

General

28 October, 2020

Grapevine: Tatas in talks to acquire Bigbasket; DP World-Shreyas deal in trouble

The Tata Group is in active talks to acquire a controlling stake in online grocery platform Bigbasket, according to several ......

Grapevine: Finnov to clean out China backers, eyes new investors Premji, Mirae, others

General

27 October, 2020

Grapevine: Finnov to clean out China backers, eyes new investors Premji, Mirae, others

PremjiInvest, South Korea’s Mirae Asset Venture Investment and others are in talks to invest up to $40 million (Rs 295 ......

Grapevine: Kotak Mahindra Bank eyes IndusInd; Warburg looks to sell CleanMax stake

General

26 October, 2020

Grapevine: Kotak Mahindra Bank eyes IndusInd; Warburg looks to sell CleanMax stake

Private-sector lender Kotak Mahindra Bank is looking to buy smaller rival IndusInd Bank, media reports said. Kotak Mahindra...

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India Inc may have bottomed out as early birds emit faint chirp of recovery

General

23 October, 2020

India Inc may have bottomed out as early birds emit faint chirp of recovery

First, it was the sliding economy that was pummelling India Inc and then the pandemic came along in April-June to ......

Grapevine: Apis Partners to bet on Cashfree; e-tailers eye Aditya Birla Fashion stake

General

22 October, 2020

Grapevine: Apis Partners to bet on Cashfree; e-tailers eye Aditya Birla Fashion stake

Payment gateway startup Cashfree is in advanced talks to raise up to $25 million (about Rs 184 crore) in a ......

Grapevine: Adani Transmission looks to buy Essel project

General

21 October, 2020

Grapevine: Adani Transmission looks to buy Essel project

Adani Transmission Ltd is planning to buy a power transmission project from Essel Infraprojects Ltd, a unit of debt-laden Essel...

India posts lowest daily new coronavirus cases in nearly three months

General

20 October, 2020

India posts lowest daily new coronavirus cases in nearly three months

India posted its lowest daily coronavirus caseload in nearly three months, data from the health ministry showed on Tuesday, as...

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