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Mahindra backs American scooter rental startup Scoot

TMT

28 June, 2016

Mahindra backs American scooter rental startup Scoot

Mahindra Partners, Mahindra Group’s $900 million private equity arm, on Tuesday announced the closing of a new round of financing ......

Govt starts process to set up monetary policy committee

General

27 June, 2016

Govt starts process to set up monetary policy committee

In a sweeping change, government today enforced a law for setting up a broad-based, 6-member committee that is likely to ......

Govt names IFC's Sujay Bose CEO of infrastructure fund

General

27 June, 2016

Govt names IFC's Sujay Bose CEO of infrastructure fund

Senior IFC official Sujoy Bose was today appointed CEO of India's maiden Rs 40,000 crore sovereign wealth fund NIIF.He is ......

Airtel, Axiata defer merger of Bangladesh operations

TMT

24 June, 2016

Airtel, Axiata defer merger of Bangladesh operations

Telecom major Bharti Airtel and Malaysian firm Axiata have deferred the agreement for merger of their Bangladesh operations till September ......

Indian analytics industry to grow eight-fold to $16 bn by 2025: NASSCOM

TMT

23 June, 2016

Indian analytics industry to grow eight-fold to $16 bn by 2025: NASSCOM

Indian analytics industry is expected to touch USD 16 billion by 2025 from the current level of USD 2 billion, ......

JSW's venture capital fund gets SEBI nod

General

23 June, 2016

JSW's venture capital fund gets SEBI nod

JSW Ventures, the venture capital arm of the JSW Group, today said it has received clearance from markets regulator Sebi ......

RBI releases draft norms for counterparty credit risk

General

23 June, 2016

RBI releases draft norms for counterparty credit risk

The Reserve Bank today released draft guidelines for computing exposure for counterparty credit risk (CCR) arising from derivative transactions and ......

Sensex reclaims Mt 27k

General

23 June, 2016

Sensex reclaims Mt 27k

On the day the UK votes on 'Brexit' referendum, market benchmark Sensex logged a surprise rally of 237 points to ......

RBI chief Rajan says bad loans, not higher rates, damping credit growth

General

22 June, 2016

RBI chief Rajan says bad loans, not higher rates, damping credit growth

Taking on critics of his monetary policy, Reserve Bank Governor Raghuram Rajan on Wednesday blamed the record low credit growth ......

ITC chairman YC Deveshwar to give up executive role

Consumer

21 June, 2016

ITC chairman YC Deveshwar to give up executive role

As part of succession plan at the top management, diversified ITC Ltd Chairman Y C Deveshwar will step aside from ......