October 17, 2018
NIIF’s FoF invests $90m in HDFC’s affordable housing platform

NIIF’s FoF invests $90m in HDFC’s affordable housing platform

The National Investment and Infrastructure Fund (NIIF)’s Fund of Funds has invested Rs 660 crore ($90 million) in HDFC Capital Advisors Ltd’s real estate investment platform HDFC […]
October 17, 2018
Opinion | Robert C. Merton’s retirement on a SeLFIES stick

Opinion | Robert C. Merton’s retirement on a SeLFIES stick

Robert C. Merton, winner of the Nobel Prize in Economics in 1997. It is a little surreal to hear an economics Nobel laureate flag issues and […]
October 17, 2018
Netflix eases Wall Street worries with record quarter

Netflix eases Wall Street worries with record quarter

By Lisa Richwine and Vibhuti Sharma (Reuters) – Netflix Inc hooked 7 million new streaming subscribers from July to September, a third more than Wall Street […]
October 17, 2018
Bakhshi gets RBI nod as ICICI CEO

Bakhshi gets RBI nod as ICICI CEO

Mumbai: Shares of ICICI Bank closed 2.5% higher after the private lender said that the Reserve Bank of India ( RBI) had approved the appointment of […]
October 17, 2018
US-China trade war may bring $8.7 billion bonanza for Indian exports to America

US-China trade war may bring $8.7 billion bonanza for Indian exports to America

From textiles to marine products, higher potential in 171 items, says commerce ministry.
October 17, 2018
ArcelorMittal offers Rs 45 billion to be eligible for Essar Steel bid

ArcelorMittal offers Rs 45 billion to be eligible for Essar Steel bid

ArcelorMittal has offered to pay around Rs 45 billion as overdue loans of Uttam Galva Steels and KSS Petron to become eligible to bid for Essar […]
October 16, 2018
Data localisation: RBI may not penalise cos for not meeting deadline, for now

Data localisation: RBI may not penalise cos for not meeting deadline, for now

India’s central bank may not immediately penalise payment companies for not meeting data localisation norms — the deadline for which expired Monday — but they will […]
October 16, 2018
Mukesh Ambani’s Reliance set to get controlling stake in Hathway, DEN

Mukesh Ambani’s Reliance set to get controlling stake in Hathway, DEN

Reliance Industries may soon buy controlling stakes in two of India’s largest cable TV and broadband service providers, Hathway Cable & Datacom and DEN Networks, as […]
October 16, 2018
Centre can look at crude swap option as Iran deadline looms

Centre can look at crude swap option as Iran deadline looms

To get oil suppliers to revise their payment terms, India would have to negotiate hard and offer compelling trade-offs in a market where crude prices are […]