Search Results for: IT companies

Relief for lenders as RBI relaxes stressed asset guidelines

A circular issued in February last year required banks to initiate a resolution process as soon as a default took place.

Jun 8, 2019

Auditor emails reveal Deloitte knew of loan evergreening in ILFS

The investigation team found a document in the email server of IL&FS prepared by the DHS Engagement team identifying the funding of borrowers for paying principal and interest.

Jun 8, 2019

Scooter rental start-up Vogo raises Rs 25 crore debt fund from Alteria Capital

Alteria is India's largest venture debt fund focused on innovative startups backed by strong VC sponsors. It provides debt funding in the range of Rs 5 crore to Rs 100 crore to venture-backed companies.

Jun 8, 2019

Mark Zukerberg announces Facebook Dating

Facebook may unveil its cryptocurrency on June 18; Bitcoin fans unfazed

Facebook plans to make the cryptocurrency transferrable with zero fees via Facebook products including Messenger and WhatsApp.

Jun 8, 2019

DHFL default is threatening to draw in mutual fund industry as 160 MFs have exposure to DHFL papers

DHFL default threatens to snowball into big crisis engulfing NBFCs, mutual funds

Public confidence in mutual funds take a beating and inflows taper with imminent payouts facing uncertainty; NBFCs face soaring finance costs triggering liquidity crunch.

Jun 7, 2019

Narayana Murthy is thankful to Azim Premji for a Wipro job interview rejection

As Wipro chairman has announced his decision to step down from office, Murthy recalls that the rejection at their first meeting goaded him on to start his entrepreneurial journey earlier than planned

Jun 7, 2019

Google buys Looker in Thomas Kurian's 1st acquisition in cloud-computing business

Looker is an American data exploration and business intelligence platform founded in 2012, employing about 800 people. It had a market value of $1.6 billion in 2018.

Jun 7, 2019

Ola, Uber to have 40% electric fleet by 2026?

India has been pushing forward the idea of having electric vehicles for public transport to meet its commitment to the Paris Agreement.

Jun 7, 2019

Azim Premji to step down as Wipro chairman, hand over charge to elder son Rishad on July 30

Wipro gained on National Stock Exchange (NSE) in early trade by going up to a hight of Rs 294.50 after opening at Rs 292.50 tracking the gain in the sector Nifty IT index.

Jun 7, 2019

Another wave of NBFC meltdown worries grips markets after DHFL rating downgrade

NAVs plummet up to 57% for mutual funds with substantial exposure to DHFL paper that rating agencies downgraded to 'default'; exposure of some funds may have exceeded the Sebi-mandated 10%.

Jun 6, 2019

Does Huawei's Russia 5G deal signal a new world trade order split down middle?

Chinese giant ties up with Russia's MTS to deploy 5G technology as Xi begins three-day Russia visit for a summit with Putin amid escalating US-China trade war.

Jun 6, 2019

Auto giants BMW and Jaguar Land Rover collaborate to develop electric vehicles

The collaboration of engineers will bring in expertise in electrification and help in the advancements of electric engines and transmissions.

Jun 6, 2019

Indian Navy opens technical bids for light utility multirole helicopter deal

Make in India boost for defence production as Modi 2.0 sets rolling chopper deal

Anil Ambani and Adani companies are among Indian players in the fray for Rs 21,000-crore deal to manufacture 111 light multirole naval utility helicopters in India with foreign partnership.

Jun 5, 2019

CRZ 2019: "When the perpetrators are govt owned, who do we complain to?"

The Coastal Regulation Zone (CRZ) Notification 2019 does more harm than good to ecologically sensitive regions like Ennore.

Jun 5, 2019

uber ola cabs surge pricing licence karnataka taxi hailing aggregators, uber drivers, ola drivers, uber driver strike

Ola and Uber see bumpy ride ahead amid slow growth

In recent months, there has been an exponential cut in driver incentives which has led to supply shortage of the driver partners of these taxi hailing services. This has directly impacted the growth of their businesses.

Jun 5, 2019

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Search Results for: IT companies

Relief for lenders as RBI relaxes stressed asset guidelines

Auditor emails reveal Deloitte knew of loan evergreening in ILFS

Scooter rental start-up Vogo raises Rs 25 crore debt fund from Alteria Capital

Facebook may unveil its cryptocurrency on June 18; Bitcoin fans unfazed

DHFL default threatens to snowball into big crisis engulfing NBFCs, mutual funds

Narayana Murthy is thankful to Azim Premji for a Wipro job interview rejection

Google buys Looker in Thomas Kurian's 1st acquisition in cloud-computing business

Ola, Uber to have 40% electric fleet by 2026?

Azim Premji to step down as Wipro chairman, hand over charge to elder son Rishad on July 30

Another wave of NBFC meltdown worries grips markets after DHFL rating downgrade

Does Huawei's Russia 5G deal signal a new world trade order split down middle?

Auto giants BMW and Jaguar Land Rover collaborate to develop electric vehicles

Make in India boost for defence production as Modi 2.0 sets rolling chopper deal

CRZ 2019: "When the perpetrators are govt owned, who do we complain to?"

Ola and Uber see bumpy ride ahead amid slow growth

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]