Banking

Credit-rating Cuts For Companies Slow Down As Indian Economy Perks Up

Economic data suggests that Asia's third-biggest economy is recovering, albeit unevenly, after it shrank a record 24% in... Read more

Mercedes-Benz, The First Motor Car Maker, Flags Off Race For Luxury EVs

Launched a few weeks ago, Merc's electric SUV is among the other such luxury electric vehicles (EVs) that are on their w... Read more

Amazon, Flipkart, And Others Clock $8.3 Billion In Festive Gross Sales

The festive season this year saw 88 per cent customer growth from last year, which was driven by 40 million shoppers fro... Read more

Beleaguered DHFL Posts Rs 2,122-crore Net Loss In September Quarter

The company reported revenue from operations to the tune of Rs 2,204.81 crore for Q2FY21 Read more

Amazon Row: FRL Says Not Every Development 'material Event For Disclosure'

Kishore Biyani-led Future Retail Ltd on Thursday accused e-commerce giant Amazon of adopting a media strategy of "having... Read more

DHFL Promoter Kapil Wadhawan Moves NCLT, Wants CoC To Consider Offer

The offer, he claimed, was in accordance with the June 7 circular of the Reserve Bank of India Read more

Google India Revenue Grew 35% To Rs 5,594 Crore In FY20, Profit Rose 24%

Advertising revenue contributed about 27 per cent to the company's turnover. The share of IT-enabled services stood at 3... Read more

India Can Beat China In Low-cost Manufacturing If Policies Allow: Bhargava

India has the capability to become a lower-cost producer than China if the industry and the government work together, Ma... Read more

Bombay HC Denies Stay On Merger Of Lakshmi Vilas Bank, DBS Bank India

The merger will be effective from November 27 and all branches of LVB will operate as those of DBIL from the same day. Read more

Mumbai-Ahmedabad Bullet Train: Contract Signed With L&T For Alignment Works

The National High Speed Rail Corporation Limited (NHSRCL) on Thursday signed an agreement for the country's biggest infr... Read more

Punjab & Sind Bank To Raise Up To Rs 5,500 Cr Through Preferential Issue

State-owned Punjab & Sind Bank on Saturday said its board has approved a proposal to raise up to Rs 5,500 crore by i... Read more

Indiabulls Housing Fin Appoints Former BoI MD As Independent Director

Dinabandhu Mohapatra is a former managing director and CEO of Bank of India Read more

ED Raids Multiple Locations In Kashmir In J&K Bank Money Laundering Case

The Enforcement Directorate on Saturday conducted multiple raids in Kashmir in connection with a money laundering probe ... Read more

Businesses Remain Unaffected Despite Weekend Curfew In Ahmedabad

Gujarat govt imposed curfew from Friday 9 pm till Monday 6 am in Ahmedabad Read more

Singapore Airline's India Venture Vistara Eyes Direct Flights To U.S.

Flag carrier Air India is the only Indian airline currently offering direct flights to the US Read more