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Bangalore-based microlender Samasta in talks to raise over $5M

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24 May, 2013

Bangalore-based microlender Samasta in talks to raise over $5M

Samasta Microfinance Ltd, which took a hit on its business growth due to the spate of farmers’ suicides in Andhra ......

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ICICI Venture reports fall in fee income, profits

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30 May, 2013

ICICI Venture reports fall in fee income, profits

ICICI Venture Funds Management Co Ltd, one of the largest private equity players in the country, reported 12 per cent ......

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RentWorks hires investment banker for sale of Indian arm, L&T Finance seen among suitors

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24 May, 2013

RentWorks hires investment banker for sale of Indian arm, L&T Finance seen among suitors

Australia-based asset finance and rental firm RentWorks, which has been looking to sell its Indian arm, has hired Kotak Investment ......

India makes feeble recovery; Jan-March GDP up 4.8%

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31 May, 2013

India makes feeble recovery; Jan-March GDP up 4.8%

India's economic growth began a feeble recovery at the tail end of a 2012 fiscal year that saw the slowest ......

DLF posts first ever quarterly loss in Q4, misses debt reduction target for FY13

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31 May, 2013

DLF posts first ever quarterly loss in Q4, misses debt reduction target for FY13

DLF Ltd, the largest realtor in the country by market capitalisation, has reported a net loss for the three months ......

Norwegian sovereign wealth fund's POSCO India investment under OECD ethics scanner

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28 May, 2013

Norwegian sovereign wealth fund's POSCO India investment under OECD ethics scanner

Norway's oil fund, the world's largest sovereign wealth fund, has no strategy for dealing with possible violations of human rights ......

RBI restricts banks lending against gold

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27 May, 2013

RBI restricts banks lending against gold

The Reserve Bank of India (RBI) said on Monday banks would not be allowed to give loans against units of ......

Tata's Mistry man: Tightening belts as frugal era begins

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27 May, 2013

Tata's Mistry man: Tightening belts as frugal era begins

As Ratan Tata strode the halls of the Geneva Motor Show in March, joking with journalists and chatting with auto ......

P&G brings back A.G. Lafley as CEO, McDonald out

General

24 May, 2013

P&G brings back A.G. Lafley as CEO, McDonald out

Procter & Gamble Co on Thursday brought back A.G. Lafley to run the world's largest household products maker, replacing Bob ......

Subbarao overruled panel view on rate action in May

General

23 May, 2013

Subbarao overruled panel view on rate action in May

Reserve Bank of India (RBI) Governor Duvvuri Subbarao went against the suggestion of a majority of external members of the ......

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