RIL to sell East-West Pipeline to Brookfield for Rs 13,000 crore.

Billionaire Mukesh Ambani led Reliance Industries is going to sell its East-West Pipeline to Brookfield for Rs 13,000 crore. According to the deal, Brookfield sponsored InvIT will acquire 100% equity interest... Read more »

Reserve Bank of India to swap rupees for dollars with domestic banks

The Reserve Bank of India’s $5 billion plan to exchange rupees for dollars with domestic banks will help achieve its twin objectives of decreasing interest rates while at the... Read more »

Harley strives for a better position in big bike segment in India

American cult bike manufacturer Harley-Davidson on March 14 said it wants to further consolidate its position in the over 1,600-cc segment in India, which it currently dominates with over... Read more »

Foot over bridge in Mumbai’s CST collapses, killed 6, injured 31

Ina distributing incident, six persons were killed, while 31 were injured after a section of a foot over bridge near a busy train station in south Mumbai collapsed during... Read more »

Rahul Bajaj steps down as Bajaj Finserv, will take new role as Chairman Emeritus in May

Bajaj Finserv on Wednesday announced that its Chairman and Non-Executive Director Rahul Bajaj has resigned and will take over as the Chairman Emeritus starting from May. The company, in a regulatory... Read more »

SC gives Singh brothers two-week pay Rs 3,500 crore to Daiichi

The Supreme Court on Thursday gave the former promoters of Fortis, Manvinder Singh and Shivinder Singh, two-week time sort out their plans to pay Rs 3,500 crore to Daiichi... Read more »

Govt releases Rs 171 cr to MTNL for paying salaries to employees.

The government has released pending dues of Rs 171 crore to cash-strapped MTNL for paying February salaries to employees, a senior official said. On the other hand, BSNL will... Read more »

CBI seeks more details from Facebook, Cambridge Analytica over theft of Indian users’ data

The Central Bureau of Investigation has contacted Facebook and Cambridge Analytica for details regarding their  alleged data theft. The probe agency had sought answers from the two companies over charges of illegally... Read more »

Azim Premji commits Rs 52,750 crore of Wipro shares to philanthropy

Wipro chairman Azim Premji has set to keep his philanthropic standards on par with two of the world’s richest and most active philanthropists, Bill Gates and Warren Buffett, by... Read more »

Raghuram Rajan says capitalism is under threat.

Former RBI governor Raghuram Rajan on Tuesday warned that capitalism is under a threat of revolt as the economic and political system has stopped providing for the people, especially... Read more »