Frauds, errant borrowers, stretched recovery processes and stubborn promoters have shaken Indian banks’ confidence in lending to the commercial sector….
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Loans or bonds, India’s banks are going slow on all hues of lending
Date posted: Tuesday 26 November 2019
Featured:Banking Industry
Apple supplier Salcomp to invest ₹2,000 crore in Sriperumbudur’s Nokia plant
Date posted: Tuesday 26 November 2019
Finland’s Salcomp, a supplier to US tech group Apple, is to invest ₹2,000 crore ($278.67 million) in India to make…
Consumer brand startup Mosaic Wellness raises $10 million
Date posted: Tuesday 26 November 2019
Two venture capitalists have come together to launch Mosaic Wellness, a consumer brands company, which has raised $10 million in…
Louis Vuitton owner LVMH to buy US iconic jeweller Tiffany for $16.2 bn
Date posted: Tuesday 26 November 2019
Louis Vuitton has entered into a definitive agreement to buy US jeweller Tiffany for $16.2 billion in the luxury goods…
Shuttl raises $18 million in Series C, plans to expand its presence across India
Date posted: Tuesday 26 November 2019
App-based bus aggregator Shuttl on Monday raised $18 million from SPARX Group (through its Mirai Creation Fund II) and Toyota…