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Peeved Piramal says will quit race for DHFL over Adani's 11th-hour bid

Adani, which had earlier bid only for the wholesale book, now want all of DHFL's assets and has pipped both Oaktree and Piramal by bidding higher than each of them. A surprise last-minute bid by......

India's forex reserves cross half-a-trillion dollar mark for first time

The reserves rose to $501.70 billion helped by a whopping rise in foreign currency assets, the latest data from the Reserve Bank of India. The country's foreign exchange reserves crossed the......

PE players see new opportunities in post-COVID world

Private equity players said their research had shown that the PE share after COVID-19 could go up to 8-10 per cent. Illustration: Dominic Xavier/Rediff.com Private equity (PE) players are seeing a......

Fundamentals of Indian economy strong, has capacity to bounce back: Modi

At the pre-Budget meeting at Niti Aayog, Modi called for a focussed effort from all stakeholders in order to achieve the target of $5 trillion economy. The participants urged the government to......

This investment banker has Mumbai bhel for lunch

  Over bhel puri and chilli paneer, Gaurav Deepak tells Abhineet Kumar how Avendus Capital became the most sought after bank for start-ups and how he learnt about the 30 shades of pink. As I......

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Coming to India and making

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