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TransUnion CIBIL appoints HDFC Bank veteran as MD and CEO

Finance

25 February, 2020

TransUnion CIBIL appoints HDFC Bank veteran as MD and CEO

Mumbai-based credit information bureau TransUnion CIBIL Ltd has hired an HDFC Bank veteran as its new managing director and chief...

HDFC Bank to tap Egon Zehnder to identify Aditya Puri's successor

Finance

23 January, 2020

HDFC Bank to tap Egon Zehnder to identify Aditya Puri's successor

HDFC Bank will retain global executive search firm Egon Zehnder to find a successor to managing director Aditya Puri, four ......

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Half the early birds post lower revenue for Q3 but profitability improves a tad

Finance

23 January, 2020

Half the early birds post lower revenue for Q3 but profitability improves a tad

India Inc.’s revenue growth slowed again in the quarter through December 2019 but profit growth recovered a little, an analysis...

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Another VC-backed company faces bankruptcy

Consumer

21 January, 2020

Another VC-backed company faces bankruptcy

Venture capital-backed companies rarely get entangled in the crosshairs of bankruptcy courts. As startups generally don’t...

Grapevine: CPPIB front runner for Ashoka Concessions; Bain may buy Dinshaw's Dairy

General

24 December, 2019

Grapevine: CPPIB front runner for Ashoka Concessions; Bain may buy Dinshaw's Dairy

Canada Pension Plan Investment Board (CPPIB) has emerged as front runner to acquire toll roads developer Ashoka Concessions at...

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How RBI's new norms for ARCs may affect the bad-loan market

Finance

09 December, 2019

How RBI's new norms for ARCs may affect the bad-loan market

The Reserve Bank of India’s tightening of norms for asset reconstruction companies (ARCs) to buy bad loans may lead to ......

Grapevine: RIL in talks with banks for Alok Industries; Temasek may invest in Licious

General

09 December, 2019

Grapevine: RIL in talks with banks for Alok Industries; Temasek may invest in Licious

Reliance Industries Ltd (RIL) is in negotiations with State Bank of India (SBI), HDFC Bank and ICICI Bank to fund ......

Slowing Indian bank lending overshadows economic rebound hopes

Economy

16 October, 2019

Slowing Indian bank lending overshadows economic rebound hopes

Credit growth at Indian banks has dropped to its lowest level in nearly two years, the latest Reserve Bank of ......

Sensex slips amid global slowdown worries; banks, metals slide

Markets

03 October, 2019

Sensex slips amid global slowdown worries; banks, metals slide

Indian shares fell on Thursday, dragged lower by banking and metals stocks, as the United States said it would slap ......

Sensex recovers on boost from banks, steelmakers

Markets

04 September, 2019

Sensex recovers on boost from banks, steelmakers

Indian shares ended higher on Wednesday, as gains in banking and steelmaker shares helped markets recover from earlier losses,...

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