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Grapevine: Warburg pledges IDFC First Bank stake; IndiGo founders' rift far from over

General

06 August, 2019

Grapevine: Warburg pledges IDFC First Bank stake; IndiGo founders' rift far from over

Global private equity giant Warburg Pincus has pledged its entire 9.86% stake in private-sector lender IDFC First Bank Ltd to...

Grapevine: IndiGo founders set to reach compromise; TVS may sell stake in warehousing biz

General

25 July, 2019

Grapevine: IndiGo founders set to reach compromise; TVS may sell stake in warehousing biz

InterGlobe Aviation Ltd, which runs budget airline IndiGo, has finalised a new policy on related-party transactions to address...

Nifty, Sensex close lower for fifth day after IMF cuts India growth forecast

Markets

24 July, 2019

Nifty, Sensex close lower for fifth day after IMF cuts India growth forecast

Indian shares marked their worst losing streak since mid-May on Wednesday after the International Monetary Fund (IMF) cut its...

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Why the perceived slowdown in India's consumer demand is not as bad as it seems

Consumer

11 July, 2019

Why the perceived slowdown in India's consumer demand is not as bad as it seems

Slowing consumer demand has been dominating the narrative around the state of the Indian economy and some indicators, especially...

IndiGo founders' rift in the open as Gangwal turns to SEBI; shares slump

Infrastructure

10 July, 2019

IndiGo founders' rift in the open as Gangwal turns to SEBI; shares slump

One of the co-founders of India’s largest airline IndiGo has alleged violation of corporate governance rules at parent company...

Dewan Housing to sell realty loans to Oaktree; CDPQ to buy Essel's roads projects

General

17 May, 2019

Dewan Housing to sell realty loans to Oaktree; CDPQ to buy Essel's roads projects

Dewan Housing Finance Corporation is in discussions with global alternative investment management firm Oaktree Capital to sell...

IndiGo operator InterGlobe Aviation's shares slump on report of founders' rift

Infrastructure

16 May, 2019

IndiGo operator InterGlobe Aviation's shares slump on report of founders' rift

Shares in InterGlobe Aviation, which operates India's largest airline IndiGo, tumbled 9 percent on Thursday following a report...

IndiGo founders locked in dispute; Brookfield to buy Axis Energy wind farms

General

16 May, 2019

IndiGo founders locked in dispute; Brookfield to buy Axis Energy wind farms

Budget carrier IndiGo's two founders, Rahul Bhatia and Rakesh Gangwal, are locked in a dispute that may affect the functioning...

India govt sees little scope for Jet Airways revival

Infrastructure

06 May, 2019

India govt sees little scope for Jet Airways revival

India’s government sees little hope of a bidder emerging for debt-laden Jet Airways Ltd, two senior finance ministry officials...

Can lenders pull back Jet Airways from the brink of collapse?

Infrastructure

18 April, 2019

Can lenders pull back Jet Airways from the brink of collapse?

Once India's biggest private air carrier, Jet Airways, which grounded operations on Wednesday, can now only depend on investors...

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