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Grapevine: Paytm parent, others to invest in Rooter

General

24 April, 2020

Grapevine: Paytm parent, others to invest in Rooter

One97 Communications Ltd, the parent company of Paytm, plans to invest Rs 5 crore ($660,000 lakh at current exchange rate) ......

Govt freezes inflation-linked salary hike of employees to combat coronavirus

General

23 April, 2020

Govt freezes inflation-linked salary hike of employees to combat coronavirus

India on Thursday froze inflation-linked hikes of salaries and pensions of federal employees and pensioners as part of efforts...

Grapevine: KKR mulls Ramky exit; Amazon may buy Milkbasket; Kotak may raise funds

General

21 April, 2020

Grapevine: KKR mulls Ramky exit; Amazon may buy Milkbasket; Kotak may raise funds

Private equity giant KKR & Co. is considering a sale of its controlling stake in environmental services provider Ramky Enviro...

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Chinese takeovers in India few and far between, so what's the fuss about?

General

20 April, 2020

Chinese takeovers in India few and far between, so what's the fuss about?

The Indian government’s revision of its foreign investment policy to thwart any “opportunistic” takeovers or...

Factories, farming restart in rural areas even as coronavirus cases rise

General

20 April, 2020

Factories, farming restart in rural areas even as coronavirus cases rise

Some shops and businesses opened in rural India on Monday as part of a staggered exit from a weeks-long lockdown ......

Grapevine: Blackstone, Warburg, NIIF join race to buy stake in Concor

General

17 April, 2020

Grapevine: Blackstone, Warburg, NIIF join race to buy stake in Concor

Global investors Blackstone and Warburg Pincus as well as India’s sovereign fund National Investment and Infrastructure...

Grapevine: HDFC Bank spots three people for CEO; JV partners to fund Vodafone Idea

General

16 April, 2020

Grapevine: HDFC Bank spots three people for CEO; JV partners to fund Vodafone Idea

HDFC Bank has identified three contenders to succeed chief executive Aditya Puri: Executive directors Sashidhar Jagdishan and...

India monsoon rainfall likely to be average in 2020, says weather office

General

15 April, 2020

India monsoon rainfall likely to be average in 2020, says weather office

India is likely to receive average monsoon rains this year, the state-run weather office said on Wednesday, raising expectations...

Grapevine: Alpine Capital may back Dailyhunt; Lightspeed leads funding in Setu

General

15 April, 2020

Grapevine: Alpine Capital may back Dailyhunt; Lightspeed leads funding in Setu

Regional language news and content aggregator Dailyhunt is in talks to raise $25 million (about Rs 190 crore at current ......

Lockdown 2.0: What's allowed, what's not as govt eases coronavirus curbs

General

15 April, 2020

Lockdown 2.0: What's allowed, what's not as govt eases coronavirus curbs

India will allow opening up of some industries in rural areas after April 20 to reduce the distress caused to ......

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