macro Demonetisation, GST slam brakes on India’s export growth Federation of Indian Exporters Organisation says a more realistic export target to achieve by 2020 would be around $500 billion, 44% lower than the one set by the Modi government By Fortune India
macro Big-ticket PE deals on the rise: Grant Thornton India The quarter ended March saw private equity investments worth $4 billion deployed across 200 deals. By Rajiv Bhuva
macro Indian banks need an overhaul: S&P S&P Global Ratings views governance and transparency in Indian banking as negative. By Rajiv Bhuva
macro Leveraged companies with higher debt outstanding remain vulnerable Interest cover ratio – which showcases the debt servicing ability of borrowers, reveals that companies with higher loans are facing a tough time. By Rajiv Bhuva
macro PE investments touch a record $26 billion in 2017 While the actual number of deals fell during the year, a few big ticket deals helped boost the overall investment value. By Fortune India
macro PSU losses: Rs 1000000000000 and counting...Do we still need them? Public sector enterprises are bleeding crores, and there seems no end in sight. Is there a case for these companies anymore? By Ashish Gupta AND Debabrata Das
macro IndiGo chooses to excuse itself from Air India race The only domestic carrier that had expressed an interest in the troubled national airline is helpless after government spells out its terms. By Purba Das
macro India’s domestic flights flew more than 90% full in February The country’s air passenger traffic grew in the high double digits for the 42nd consecutive month, according to the International Air Transport Association By Fortune India
macro M&A deal value dips 9.3 percent in first quarter A rise in domestic deal value fails to spur total M&A in India. By Arnika Thakur
macro Markets give their verdict on ICICI Bank, Axis While news is still unfolding, a quick look at how markets have reacted to the ongoing developments at two of India’s leading private banks. By Rajiv Bhuva
