Business

Former RBI governor Raghuram Rajan on Monday suggested the government to privatise select public sector banks, set up a bad bank to deal with NPAs and dilute the role of Department of Financial Servic...

Birla camp had a different take. It argued that the controlling block of share — 62.9 per cent in Birla Corp — is part of the estate, a view taken by the single bench as well.  The B...

Two industry bodies representing major foreign liquor manufacturers in the country have written to the Bengal government to make changes to a proposed excise duty structure for liquor in the state or ...

Telecom operators, including Bharti Airtel and Vodafone Idea, which have pending adjusted gross revenue dues will have to pay 10 per cent of the total liability by March 31 irrespective of the part-pa...

Mahindra & Mahindra (M&M) is understood to be considering a $258 million (300 billion won) bid for its stake in Ssangyong Motor Company (SYMC) made by HAAH Automotive Holdings Inc, a US-based ...

Dalmia OCL, the refractory manufacturing arm of cement and sugar major Dalmia group, plans to invest Rs 100 crore over the next five years in a bid to step up indigenous production in India and bring ...

The Rajiv Mehershi panel on loan recast has proposed the government should bear the burden of any relief while the waiver of the contentious interest on interest be given only to a few borrowers, sour...

State Bank of India (SBI) on Monday announced the details of its resolution framework to restructure Covid-19 related stress loans.  Corporate borrowers will have to provide a personal guarantee...

Shares of Route Mobile Ltd on Monday made a stellar stock market debut as they jumped 86 per cent at close of trade against its issue price of Rs 350. During the day,it rose to a high of Rs 735, a ga...

Wall Street’s main indices tumbled to their lowest in nearly seven weeks on Monday, with the Dow shedding as much as 900 points, as worries about fresh coronavirus-driven lockdowns spilled over ...