First phase of Lok Sabha elections kickstarts on 11th April, facts about the Indian elections

Today, 11th April will see more than 900 million Indians voters in the elections to the 17th Lok Sabha that start in parts of the country from today. About 10 per... Read more »

Investors in frenzy as Kotak MF defers returns on fixed maturity plan

The past few days has made mutual fund investors go berserk. Kotak Mahindra Mutual Fund has withheld returns on its fixed maturity plan (FMP) that matured on Wednesday. The... Read more »

Ericsson may have to return Rs 576 crore to RCom if insolvency suit is restored: NCLAT

The National Company Law Appellate Tribunal (NCLAT) reiterated Monday that Ericsson India Private Ltd would have to refund the Rs 576 crore including interest payment it got as dues... Read more »

Vodafone India opens its Rs 25,000-cr rights issue on April 10

Vodafone Idea’s ₹25,000-crore rights issue, the largest in the country, will open for existing subscribers on Wednesday, even as the telecom service provider is readying to monetise its tower and... Read more »

EC asked to probe black money information: Revenue Secretary

In the midst of the ongoing raids on Madhya Pradesh Chief Minister Kamal Nath’s aides and kin days ahead of general elections, Revenue Secretary AB Pandey has asked the Election Commission to ‘confidentially pass on... Read more »

Exim Bank credits USD 30 million and USD 150 million to the government of the Republic of Ghana

Export-Import Bank of India [Exim Bank] has, on behalf of the Government of India, extended two Lines of Credit [LOCs] of USD 30 million for Rehabilitation and Upgradation of... Read more »

BJP promises to simplify GST and make India a $5 trillion economy by 2025

The BJP’s manifesto promises a lot for the Indian economy and business. The BJP has new things on its agenda now. It has said it would simplify GST and... Read more »

Vijay Mallya’s appeal against extradition denied by UK High Court

A UK High Court judge has denied former liquor tycoon Vijay Mallya permission to appeal against his extradition order to India, with alleged fraud and money laundering charges amounting... Read more »

Lakshmi Vijaya Bank to merge with Indiabulls Housing Finance, RBI yet to give an approval

Lakshmi Vilas Bank-Indiabulls Housing Finance merger has been approved by Board.  The proposed merger of Lakshmi Vilas Bank with Indiabulls Housing Finance will create a much stronger entity. The... Read more »

India shares a list of 380 products with China to bridge trade gaps in exports

India has shared a list of 380 products including horticulture, textiles, chemicals and pharmaceuticals with China as their shipments hold huge export potential in the neighbouring country, an official... Read more »