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...

Wipro chairman Azim Premji has been named the 'Most Generous Indian' for the third consecutive time, according to China's Hurun Research Institute, which recently released its Indian philanthropy list.

Blackstone, the US-based private equity major, is reported to have acquired Alpha One mall at Vastrapur in Ahmedabad, which was owned by Guargaon-based real estate company, Alpha G: Corp

India is expected to grow by 7-7.5 per cent in 2015-16, slower than the previous estimate of 8.1-8.5 per cent as weak exports, sluggish farm sector and private investment weighed on faster expansion, as shown by the government's mid-year review.



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