RBI deputy governor follows Urjit Patel: MPC may take a dovish turn as Viral Acharya departs – Economic Times
Ex-NYU professor has always been vocal about RBI’s autonomy, bank cleanup. Read More
reported by ET Bureau at The Times of India
Monzo, the UK challenger bank, raises £113M Series F led by YC’s Continuity fund at a £2B post-money valuation – TechCrunch
Monzo, the fast-growing U.K.-based challenger bank with more than two million account holders, has raised £113 million (~$144m) in additional funding. Confirming TechCrunch’s scoop in April, the Series F round is led by Y Combinator’s “Continuity” growth fund… Read More
reported by Steve O’Hear at TechCrunch
2019 Maruti Brezza with sunroof, 4 airbags launch soon – Hyundai Venue effect? – RushLane
With competition in the compact SUV segment getting more intense, a Vitara Brezza facelift could bode well for Maruti Suzuki India. Read More
reported by Yashaswi Patel at Rushlane.com
L&T tightens its grip on Mindtree, buys out Nalanda Capital’s stake – Livemint
If L&T achieves all its share purchase targets, it will end up holding 66% in Mindtree, worth at least ₹10,800 crore.Last week, L&T launched its open offer to buy a 31% stake from the public shareholders of Mindtree Read More
reported by Livemint at Livemint.com
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