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May 2018

An insolvent code

Unless issues around implementation are fixed, the insolvency code will remain an insolvent code.
Enterprise

SBI’s stock gains over 6% despite Q4 loss

A day after SBI reported its highest ever quarterly loss of Rs 7,718 crore, the stock gained over 6% in early trade driven by positive brokerage reports.

Enterprise

Century buy to boost UltraTech’s India lead

The deal will help UltraTech Cement attain a stronger presence in India’s eastern, central and western markets.

Macro

Govt says India is 5G ready, industry unsure

While the government is gung-ho about the roll-out of 5G services by 2020, the industry players suggest there’s still a long way to go.

Opinion

Indian Banking: Stressed times

With ailing banks on the one hand and a lack of credit availability the other, the government’s chief problem-solver Piyush Goyal faces another herculean task.

Macro

‘5G pilot deployments to be ready by year-end’

Telecom secretary Aruna Sundararajan speaks to Fortune India about the 5G roadmap and the aim of giving every citizen 50 mbps of data by 2022 under the new telecom policy expected in June.

Enterprise

Apax Partners to sell GlobalLogic stake

Partners Group to buy the stake in a transaction valuing the company at $2 billion.