Ronojoy Mazumdar
Stories by Ronojoy Mazumdar
Ant-backed Paytm Money looks to tap India’s stock trading mania
India’s highly competitive stock broking industry has a fierce new challenger.
Happiest Minds IPO was Indian entrepreneur Ashok Soota’s second jackpot
The IPO was one of the most successful first-time share sales of this decade in India.
India eyes Aramco-like IPO for state-owned largest insurer
The sale can fetch the government between 850 billion rupees to 900 billion rupees should the IPO get done this year, per Credit Suisse analysts.
India’s Tata Asset Management to start quant fund, use AI to pick stocks
The firm is seeking to expand in a market where industry assets have more than doubled to $378 billion in the past five years.
Indian media giant Essel Group seeks extension to repay debt
The company faces a month-end debt repayment deadline.
Indian drugmaker Sun Pharma ordered to undergo a forensic audit
SEBI has asked for a forensic audit of the company’s financial statements for three fiscal years to March 2018.
Ex-Deutsche veteran Ravneet Gill faces tightrope walk at Yes Bank helm
While Kapoor stepped aside as CEO in January, tensions between Yes and the regulator have persisted, and it now falls to Gill to ease them.
KKR scouting for acquisitions of Indian NBFCs, seeks partnerships with local lenders
KKR already operates two local non-bank financiers - KKR India Financial Services Pvt and KKR India Asset Finance Pvt - and also manages credit funds
India: IL&FS saga sets stage for tighter regulations for non-bank financiers
Borrowing rates in India’s money markets climbed to a four-year high this month following IL&FS’s defaults.
