Funds see short-term pain, but long-term gain

The mutual fund industry sees the series of recent regulatory measures as a game-changer-- something that has prompted it to think out of the box on increasing the penetration from the existing 4-5......

Beware FoodPanda and Swiggy, UberEats is here!

Uber would look to expand the service to six Indian cities San Francisco-based ride hailing platform Uber launched its food ordering and delivery service UberEats in India, starting off with......

Coffee Day Group readies $100 mn PE fund raise

Coffee Day Group, which runs businesses from coffee cafes to wealth management to furniture to logistics, is understood to be readying the stage for a possible $100-million fund raise through the......

Rlys to spend Rs 5,000 cr on IT activities

The railway ministry is planning to allocate Rs 5,000 crore (Rs 50 billion) for its information technology-related operations in the Eleventh Five-Year Plan. This will be a four fold increase in......