Grant Thornton India

Uber sells SE Asian operations to Grab: Firm may focus on open markets like India where operations are easier, say experts

With an IPO scheduled for 2019, Uber CEO Dara Khosrowshahi will focus on consolidating the firm's prospects in markets where it has a strong presence.

PE investments hit 9-quarter low at $2.5 bn in July-September on subdued big ticket deals

The decline in PE activity is due to the reduced investment in the new economy companies in comparison to the previous year when such investments were in full swing

SFIO widens Mallya probe; former top bankers under scanner

The agency has examined some former heads of public sector banks which had extended loans to the airline at a time when the carrier's losses were on the rise.

Railway Budget 2015: Industry lauds Prabhu for reform-oriented, pro-growth steps

The minister hiked the freight rate for cement, coal, others by up to 10 percent; while envisaging investment of Rs 8.50 lakh crore in five years and proposed 77 new projects covering 9,400 km of doubling works, among others.