India has been one of the fastest growing large economies in the world, the International Monetary Fund (IMF) has asserting after that the country has carried out several key reforms in the... Read more »
Sebi on Wednesday asked the exchanges handling the agri-commodity derivatives to create a fund for farmers and FPOs in which the regulatory fee forgone by the regulator would be deposited. Besides, it... Read more »
Nirav Modi, the fugitive jeweller wanted in the 13,000-crore Punjab National Bank scam, has been arrested in London and is being produced in the Westminster Magistrate’s Court, the UK police said. He... Read more »
It has been speculated that hospitality company OYO is readying to welcome yet another marquee investor on board – Airbnb – less than six months after it raised USD 1 billion from... Read more »
Nomura Financial Advisory & Securities on Friday said cyclically the economy is clearly slowing down due to domestic and global factors and this slowdown will be seen for at least a couple... Read more »
Fortis Healthcare on Tuesday announced that its board has appointed Ashutosh Raghuvanshi as MD and CEO of the company with immediate effect for a period of 3 years, subject to shareholders’ approval.... Read more »
Economists expressed concerns over a sharp slowdown in the Indian economy and pitched for a monetary policy boost to support growth at a meeting with the Reserve Bank of India (RBI) chief... Read more »
Shares of Hotel Leela Venture touched the 5 per cent upper circuit in late morning deals on Tuesday after its board approved the sale of four hotels, which included one in the... Read more »
Indian conglomerate Larsen & Toubro (L&T) in its filing informed that they have acquired 20.32 percent stake in IT services company Mindtree for 32.69 billion rupees ($476.57 million). The acquisition was done... Read more »
Reliance Communications has paid Ericson Inc 4.62 billion rupees ($67.42 million) as ordered by the Supreme Court saving Anil Ambani the ignominy of facing a jail term. Ericson’s lawyers confirmed receiving the amount,... Read more »