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Facebook appoints Umang Bedi as India MD
Umang Bedi will officially start at Facebook in July; Kirthiga Reddy will be returning to the US to take on a new role at the firm’s headquarters
India: Airtel names Shashi Arora as CEO & MD of its payments bank
Arora replaces Manish Khera who has decided to “pursue his entrepreneurial journey”, the company said in a statement.
Rivigo’s Deepak Garg, a McKinsey alumnus, taps geeks in bid to rule trucking in India
In offices near the national capital, software engineers try to map the fastest routes, taking into account factors such as traffic snarls or long que
Indian firms announce stressed asset sales of $6b in 2016, higher than in previous years
Indian firms have announced more than Rs.1 trillion of stressed asset sales since 2013 as debt-laden corporate entities seek to deleverage their balan
India: Piramal Enterprises buys four Pfizer brands for $16.4m
In November, the company entered the babycare segment by acquiring a 100% stake in Little’s India, the country’s oldest baby care products brand.
Former Deutsche Bank CEO Anshu Jain looks to float NBFC in India
The plans have been in the works for some time now and the platform has started to look at hiring for the proposed venture, said the first person quot
India: Airtel Payments Bank to start services between July and September
With Airtel’s deep distribution network, the payments bank is well placed to deliver quality services by leveraging the power of mobile telephony, s
India: IFC, UK’s CDC & TPG Capital line up for IDBI Bank stake sale
This will be a test case for whether the Indian government can pursue the politically difficult plan to privatize the state-run lenders.
India Budget: 100% FDI on marketing food products; Foreign investment in bourses and ARC norms eased
Analysts tracking the sector said the decision will help any foreign multi-brand retailer who can procure food products made in India and market it by
