Mumbai: An independent director at Yes Bank Ltd, a lender that’s been ordered by India’s central bank to replace its…
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Swiggy to deliver a $300-million exit to investors
MUMBAI: Swiggy’s upcoming funding round will include an estimated $300 million worth of secondary share sales by some key backers,…
NIIF acquires IDFC Infrastructure Finance
Mumbai: The National Investment and Infrastructure Fund (NIIF) had acquired IDFC Infrastructure Finance Limited (IDFC-IFL) on wednesday, a non-banking finance…
Will Ola, Uber yield to demands made by drivers?
The strike by Uber and Ola cab drivers in Mumbai entered its eighth day on Monday. The drivers are demanding…
Shikhar Dhawan, wife launch home décor brand ‘DaONE Home’
MUMBAI: Following the footsteps of his teammates Virat Kohli, Zaheer Khan and Yuvraj Singh, Shikhar Dhawan has decided to turn…
Can Tim Berners-Lee transform the Web again with ‘Solid’ POD vision?
Mumbai: The internet, as we know it today, has changed dramatically. It is unlike the free information-sharing playground that its…
Rupee rises to two-week high against dollar
Mumbai: The Indian rupee on Wednesday advanced to a two-week high against US dollar in the opening trade after local…
DMart sizzle begins to cool on Street
MUMBAI: For 18 months since their listing, shares of the company running DMart stores had largely a one-way run –…
Oil prices in focus for bonds after inflation offers relief
Mumbai: Is it too early still to call time on the almost year-long slump in India’s bond market? Consumer prices…
Most payment cos fall in line with RBI’s data storage diktat
Mumbai: As many as 62 of the 78 payments service companies affected by the Reserve Bank of India’s (the RBI’s)…