The country’s biggest lenders and automakers have all sounded warning bells over the slower growth in demand and consumption.

The deal, which will give Blackstone full control of the portfolio, is expected to be concluded over the next few weeks.

Another relative and retired additional director general of police T Jayaprakash, agrees that Mr Siddhartha remained aloof and kept to himself.

Byju Raveendran joined the rarefied club after his Think & Learn scored $150 million in funding earlier this month.

Amazon is aiming to launch the new service delivering from restaurants ahead of India’s month-long festive season.

As Satish and other Harohalli shopkeepers have found chocolate sales in India are taking off, helped by growth in disposable incomes.

Bigbasket will use the fresh funds to set up warehouses and boost its cold chain.

India is now forecast to grow in the range of 6.3 per cent to 7.2 per cent each quarter through to end-March 2021.

Acharya is leaving the central bank on Tuesday, six months before the scheduled end of his term in office, citing personal reasons.

The agency appointed T N Arun Kumar, currently executive director of ratings, as interim CEO.