After a meeting of banks on Friday on ways to make funds available immediately, a source in the know said lenders other than SBI and Punjab National Bank had not come on board so far to chip in with their funds.
Analysts say that Jio's substantial slowing down in net additions is possibly because the company has dramatically reduced its bundled 4G feature phone offering, which contributed an average 30-40 per cent of its net additions.
Tata Communications has elected the private equity (PE) veteran as a successor to Subodh Bhargava.
The latest deal would give Facebook deeper access to India, the second largest internet market after China.
"We humbly request to you to alleviate some of the hardships that we and engineers have been facing, by ensuring that the new Jet management does not further delay our pending salaries dues at the earliest," NAG general secretary Tej Sood said in an e-mail to SBI chairman Rajnish Kumar.
With scrutiny that comes with a public listing, Deepinder Goyal's leadership could face its sternest test yet.
The ban on taxi aggregators can put at risk investments of at least Rs 2,000 crore (Rs 20 billion), made by private equity (PE) and venture capital (VC) investors.
It is likely he will rope in an international ATM manufacturer as a strategic partner with equity stake.
It has been also revealed that V G Siddhartha had written a letter to the Board of Directors and employees of Coffee Day Enterprises, saying he had 'failed as an entrepreneur'.
A day after Vodafone announced its $11.1 billion acquisition of Hutchison's equity holding in Hutch-Essar, India's fourth largest mobile service provider, it received an unsolicited advice from the Egyptian CEO of Orascom, Naguib Sawiris.
''None of the existing vaccines have 100% efficacy.' 'Each vaccine will work openly on a certain percentage of the population.'
Banks are allowed to invest up to 10 per cent of the paid-up or unit capital in Category-I or Category-II Alternative Investment Funds
The sector faces many challenges and calls for prompt corrective action.
National carrier Air India is running in losses and needs government's attention.
Private equity and VC investments declined by 50 per cent. E-commerce deals lowest in value, volume in over 24 months. T E Narasimhan decodes the new EY report.
India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country.
The regulations will only apply to the share purchases that have been done after October 1, 2004
'Both have a very nationalistic view of foreign policy.' 'They think they are shrewd and clever diplomats.'
Infinite Computer Solutions, on Monday announced it has secured $6 million in funding led by the Singapore-based equity investment firm WhiteRock Partners, and said it planned to recruit 600 IT professionals in India before March end.
Default in payment of royalties to McDonald's India for nearly two years was the key reason behind the fast-food chain's decision to terminate franchise agreement
In the January-March period of last year, an amount worth $1,179 million was invested across 103 transactions.
Insurance firms want more clarity before increasing foreign partner's stake.
Reliance announced energy asset sales worth around $ 16 billion; end of the investment cycle in telecom; bringing net-debt to zero in 18 months; value-unlocking options for real estate and financial assets; listing of telecom and retail in five years; and focus on dividends.
In 5 years, the AMC has clocked a growth rate of 40% with its AUM up nearly 4 times.
Minacs will be integrated it into SYNNEX's BPO business, Concentrix.
Colombo seems to be veering to the middle path between China and the US on global matters, but in regional matters of strategic security, it is increasingly identifying with India, points out N Sathiya Moorthy.
The $306-million investment in Ola Electric Mobility by SoftBank Corp, Arun Sarin Family, Ratan Tata and Matrix has been the biggest funding in this space in value terms this year.
Sunil Bharti Mittal promoted Bharti group is planning to list in the US market to access capital and expand visibility overseas.
Over 5 million alumni from the Indian Institutes of Technology, Mumbai University and Institute of Chemical Technology, Mumbai, plan to raise Rs 21,000 crore to start the world's largest infection testing lab in Mumbai.
Venture capitalists Adam Wolfensohn and Ameya Bijoor tell Anjuli Bhargava about the kind of investments and companies they are looking to invest in.
The transformational reforms like GST, Bankruptcy Code and recapitalisation of banks, Black Money Act, demonetisation, flexible inflation targeting and adoption of fiscal discipline (FRBMA), etc, have temporarily and purposefully pulled us back only to propel us forward with greater velocity, Rajiv Memani.
In MArch PE investment continued to show an uptrend.
The joint venture will look at long-term, patient investments on solutions that don't lend to an IPO or exit on valuation basis.
Titan's sarees will ride on the parent brand's immense equity and deep penetration to crack open the potential Rs 550 billion market.
So far the coronavirus, which originated in the Chinese city of Wuhan, has infected more than 54 million people around the world and killed over 1.3 million others.
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