BRICS summit: Of carnivores and herbivores

Not only has Russia’s position of support to India as a permanent member been lost in the BRICS document, but even the aspirations of Brazil, India and South Africa have been downgraded. What......

Reliance MF to acquire Goldman Sachs India MF biz

In last few years, a number of global players have exited the Indian mutual fund business. In its first ever acquisition, Reliance Capital Asset Management (RCAM) on Wednesday announced takeover of......

'Zepto Is India's Fastest-Growing Internet Company'

'Domestic investors are opening up to the idea of high-growth Internet companies as a pool of value creation.''They like the execution that they see with Zepto, and for us, that is the most......

Goldman Sachs takes 9.4% in Max India for $115 mn

The private equity arm of global investment bank Goldman Sachs is poised to invest $115 million (about Rs 540 crore) in Max India which will be used to fund the Analjit Singh-owned company's......

Why Foreign Financial Firms Quit India

There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu. Photograph: Nick Zieminski/Reuters Among......

'Made in India' Apparel Off To Paris Olympics

If you see 'Made in India' apparel at any of the IOC's retail channels, it may have well come from Tiruppur, manufactured by a firm, which is owned by a mother-daughter duo, called Back Bay India.......