The Indian government last week exceeded the disinvestment target of £8 billion set for the current financial year, which ends in March, for the second...
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25th Dec 2024 | Updated at 08:27pm 25th Dec 2024
India poised to be 3rd largest economy by 2030: S&P
India is poised to be the third largest global economy by 2030 but rising population presents mounting challenges in basic service coverage and growing investment needs to maintain productivity, S&P Global Ratings said.
Bajaj Housing Finance shares surge 136% on debut
Shares of Bajaj Housing Finance, one of India's biggest mortgage providers, shot up by as much as 136 per cent to Rs 165 during its trading debut on India's stock exchanges on Monday, after the $782 mn offering drew bids for more than 67 times...
Ashwani Lohani has been reappointed as Air India chairman. The Appointment Committee of the Cabinet issued an order appointing Lohani as CMD for “a period of one year or until further order”
According to data from the RBI, overseas investments by Indian for 2018 stood at $11 billion, compared to $12 billion in 2017
Restructured Jet Airways will effectively be a 51 per cent government fund and PSU banks-owned. Sources said SBI-led lenders will convert £60 million loan...
Approximately 13 months after Anil Ambani announced the sale of his debt-ridden Reliance Communications' telecom assets to elder brother Mukesh's Reliance...
The banking sector finally reported a collective net profit of £15.4 million in the quarter ended December 2019 - the first since the RBI’s last February circular that forced lenders to recognise delinquent loans as nonperforming assets
Workers at India’s state-owned banks called a nationwide strike on Friday in protest at proposed mergers that could cause job losses and demanded immediate...
Christian Michel, 57, is a British businessman who has been extradited to India to face prosecution for alleged bribery in connection with New Delhi’s...
Fear of action by banks, along with signs of improvement in the economy, has helped state-run lenders recover over £3.65 billion of bad and sticky assets...
In a setback to Enforcement Directorate, a PMLA appellate tribunal has set aside the attachments of flats owned by Biocon CMD Kiran Majumdar Shaw and NRI...
