NCLT refuses to hear ICICI Bank’s insolvency plea against Era Infrastructure

In a setback to ICICI Bank, the National Company Law Tribunal (NCLT) has rejected the private lender’s plea to initiate insolvency proceedings against Era Infrastructure (India), citing “duplicacy” of... Read more »

Airtel’s Q4 profit up by 29%, tussle with Reliance Jio continues.

Bharti Airtel Ltd’s fiscal-fourth quarter profit rose 29% from a year earlier because of a one-time gain of ₹2,022.1 crore and a tight control on sales and marketing expenses amid a... Read more »

Mastercard to invest Rs 7,000 crore in India in the coming 5 years

Global payments giant Mastercard decides to invest $1 billion or around Rs 7,000 crore in India over the course of five years. Out of the total capital, Mastercard plans... Read more »