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Businesses cheer, unions fear contentious labour reforms
Business groups on Thursday welcomed contentious and long-delayed labour reforms passed by India's parliament this week, aimed...
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Grapevine: Brookfield, SBI, HDFC to jointly set up asset reconstruction firm
Canada’s Brookfield, State Bank of India (SBI), and housing finance firm HDFC are joining hands to come up with a ......
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Time to separate with Tatas: Shapoorji Pallonji Group
Shapoorji Pallonji Group said Tuesday it was time to end its seven-decade-long relationship with Tata Group, as their ties worsened...
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Grapevine: Petronas eyes stake in Tata Power units; Piramal glass biz draws more suitors
Malaysia’s state-run energy giant Petroliam Nasional Bhd (Petronas) is eyeing a 10% stake in the wholly-owned clean energy...
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Grapevine: Ex-Cognizant CEO raising PE fund in America; Acme Solar to sell projects
Former Cognizant chief executive Francisco D’Souza is raising a $1 billion (Rs 7,335 crore) private equity fund in the US...
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India becomes coronavirus epicentre as global cases surpass 30 mn
Global coronavirus cases exceeded 30 million on Thursday, according to a Reuters tally, with the pandemic showing no signs of...
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Grapevine: Badshah Masala promoters part ways
A strategic internal restructuring exercise has been executed in one of India’s oldest spice makers, Badshah Masala, people...
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India's coronavirus cases jump by daily record of 97,894
India reported another record jump in daily coronavirus infections with 97,894 cases in the last 24 hours, data from the ......
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Grapevine: LIC to sell stake in IDBI Bank; two left in race for Piramal's glass unit
Life Insurance Corporation of India (LIC) is planning to gradually sell its stake in IDBI Bank nearly two years after ......
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IL&FS PE-backed floriculture firm heads for liquidation
A bankrupt floriculture company that counts IL&FS Private Equity as an investor and was India’s largest producer of...
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