In a relief for the crisis-hit Sahara Group, the Indian company has sealed the sale of its Grosvenor House hotel in London and two US properties - Plaza and Dream Downtown - in an $850 million debt refinance deal, reports said.
-
22nd Dec 2024 | Updated at 10:33am 22nd 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...
RBI governor Raghuram Rajan's blunt comments on interest rates and growth have upset government officials
The Gatimaan Express, India's first semi-high speed train that will run between Delhi and Agra, at a speed of 160 km per hour is cleared to launch.
Crisis-hit Sahara has entered the fray for buying its own Grosvenor House hotel, which was put on sale by its lender Bank of China after a “technical default.”
India's manufacturing activity has risen the highest in the past four months in May owing to the rising domestic demand despite higher costs for firms...
The Reserve Bank of India (RBI) governor Raghuram Rajan on Tuesday cut interest rates by 25 basis points (bps) for the third time this year, citing mixed...
“The world is increasingly moving towards automatic transmission of information with regard to illegal money held up. By 2017, the situation will arise...
The year 2015 seems to be a great year for India, economy wise.
The slowing demand for its luxury Jaguar and Land Rover cars in China has rained heavily on Tata Motors' first quarter net profit, the lowest in the past...
Jet Airways said it has suffered a net loss of 21 billion rupees in the financial year ending in March, which is about half of the loss they bore last year.
