HDFC Bank
Finance
Newly born ARC, backed by Brookfield and lender, sets sights on stressed real estate
An asset reconstruction company or ARC, freshly floated by Canada's Brookfield Asset Management and backed by an Indian mortgage...
TMT
Amazon leads funding round for SME finance platform in latest bet
Online retailer Amazon has led a round in a fintech platform where small businesses can auction their trade receivables to ......
Finance
India Inc's ‘donations' spiked in election year; PM Cares Fund gets big chunk
Indian companies bumped up their voluntary donations and spending on corporate social responsibility initiatives during the year...
Finance
Banks scramble to beef up defences as coronavirus threatens to sour loan books
Banks across the nation are raising or proposing to raise at least Rs 1.4 trillion ($19 billion) as the industry ......
TMT
Bessemer makes another fintech bet with investment in HDFC group-backed startup
Global venture capital firm Bessemer Venture Partners has placed another bet in the fintech space in India, three persons privy...
Finance
India Inc's revenue, profit pain intensified in Jan-March even before lockdown
Even before the Indian economy faced the brunt of economic lockdown due to the coronavirus pandemic, almost half of the ......
Finance
As coronavirus gears up to flog dividends, a look at the stock goodies dangled in the past
In the wake of the coronavirus pandemic, India has been in a nation-wide lockdown for more than a month now, ......
Finance
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...
Consumer
Another VC-backed company faces bankruptcy
Venture capital-backed companies rarely get entangled in the crosshairs of bankruptcy courts. As startups generally don’t...
Finance
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 ......
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