MUMBAI/BENGALURU, Sept 30 India's Reliance
Industries Ltd said on Wednesday private equity firm
General Atlantic will invest 36.75 billion rupees ($498.31
million) for a 0.84% stake in its retail arm, while Silver Lake
co-investors will also buy a stake.
MUMBAI Shareholders of regional lender Dhanlaxmi Bank ousted its chief executive at its annual general meeting on Wednesday, the bank said in a regulatory filing.
MUMBAI, Sept 30 Shareholders of regional lender
Dhanlaxmi Bank ousted its chief executive at its
annual general meeting on Wednesday, the bank said in a
NEW DELHI India's potential plan to compel companies to do a secondary listing on an Indian stock exchange if they opt to first list on an overseas bourse would unfairly penalise Indian firms, according to a senior executive at fin-tech company Paytm.
AGRA, India When business evaporated at Gajendra Sharma's eyeglass shop a couple of miles from the Taj Mahal during India's strict COVID-19 lockdown, he was relieved to hear about a pandemic debt moratorium that would give him breathing room on his home loan.
MUMBAI Banks in Madhya Pradesh are scrambling to boost lending to street vendors in a bid to bolster numbers ahead of a visit this week by Prime Minister Narendra Modi, according to sources and letters seen by Reuters.
MUMBAI A committee set up by the Reserve Bank of India (RBI) to make recommendations on restructuring loans for the Indian banking sector has submitted its report and it has been broadly accepted, the RBI said.
NEW DELHI/MUMBAI Amazon.com Inc has added insurance and even gold to its menu of financial services in India, to expand its customer base and attract more subscribers to its Prime loyalty programme in a battleground growth market.
MUMBAI Last month, Dnyaneshwar Siddhanth, a farmer from Maharashtra, was in desperate need of money to buy seed and fertilizer as the monsoon sowing season approached.
MUMBAI, Aug 27 Last month, Dnyaneshwar
Siddhanth, a farmer from India’s western state of Maharashtra,
was in desperate need of money to buy seed and fertilizer as the
monsoon sowing season approached.