Economy


98% Senior IT Leaders Struggle With Increasing Cloud Complexity: Report

Banking - Published date: .

Top challenges in optimising multi-cloud environment are lower in the US, UK, India, finds NetApp Read more

Torrent Investments Unlikely To Participate In 2nd Auction For Reliance Cap

Banking - Published date: .

The only resolution done for a financial services company under special powers of RBI Section 227 was DHFL which was won... Read more

IndiGo Embarking On Next Level Of Growth, Cost Leadership Crucial: CEO

Banking - Published date: .

IndiGo is embarking on the next level of growth and cost leadership is crucial for the airline, its CEO Pieter Elbers sa... Read more

Bank Of Baroda Raises Interest Rates On Retail Term Deposits By 25 Bps

Banking - Published date: .

Bank of Baroda has increased interest rates on domestic retail term deposits, including NRO and NRE term deposits, by 25... Read more

FSIB To Soon Start Selection Process For New LIC Chairman This Month

Banking - Published date: .

The Financial Services Institutions Bureau (FSIB), the headhunter for directors of state-owned banks and financial insti... Read more

Indian Industries Stock Up On Coal To Avoid Shortages During Summer

Banking - Published date: .

The fear of disruptions to mine output when monsoon rains begin a couple of months later is also a factor Read more

SVB Collapse: Union Minister To Meet Startups To See How Govt Can Help

Banking - Published date: .

As the collapse of Silicon Valley Bank (SVB) in the US left the Indian startup ecosystem worried, Union Minister of Stat... Read more

63% Of Tech Professionals Started Their Own Firm Post-layoff: Report

Banking - Published date: .

About 93 per cent of workers say they are now competing with the company that let them go Read more

Adani Has $2 Bn Foreign-currency Bonds Coming Up For Repayment In 2024

Banking - Published date: .

The Adani group, whose mostly debt-fueled breakneck expansion saw gross debt doubling in four years, has almost USD 2 bi... Read more

NCLAT Rejects Plea Against McDowell Holdings' Insolvency Proceedings

Banking - Published date: .

The National Company Law Appellate Tribunal (NCLAT) has rejected a plea by the shareholders of McDowell Holdings Ltd, ch... Read more

India Looking To Partner With Embraer, Sukhoi To Make Small Jets Locally

Banking - Published date: .

The government will keep 51% equity with an Indian company, while asking the foreign partner to do technology transfer, ... Read more

RCap Resolution: NCLAT Allows Lenders' Plea For Another Round Of Bidding

Banking - Published date: .

The National Company Law Appellate Tribunal (NCLAT) on Thursday allowed a petition filed by lenders of Reliance Capital... Read more

Fintech Firm Cashfree Acquires Zecpe To Strengthen Its D2C Payments Suite

Banking - Published date: .

This acquisition will also enable Cashfree Payments to offer additional value-added services like Return to Origin (RTO)... Read more

Income-Tax Dept Conducts Searches At Real Estate Firms In Hyderabad

Banking - Published date: .

About 20 teams of I-T officials were conducting the simultaneous searches at the offices of Wonder City, Royal City and ... Read more

Income Tax Dept Concludes Raids At Premises Of Uflex After 6 Days

Banking - Published date: .

Tonnes of documents, 120 hard disks and 50 diaries containing information related to bogus transactions have been recove... Read more

More Value To Be Discovered, NCLT Has Usurped Powers Of CoC: Reliance

Banking - Published date: .

The lenders of Reliance Capital have submitted before the National Company Law Appellate Tribunal (NCLAT) that the Commi... Read more

SC Notice To CBI On Piramal Capital & Housing Finance Plea To Quash FIR

Banking - Published date: .

The PCHF contended that it cannot be saddled with the offences allegedly committed by the previous management prior to t... Read more

Tata Motors In Talks To Raise $1 Bn Via Stake Sale In EV Business: Report

Banking - Published date: .

Indian carmaker, Tata Motors has begun discussions with soverign wealth funds and private equity investors to sell a sig... Read more

Airlines Must Look At Common Services Facility To Cut Costs: Suresh Prabhu

Banking - Published date: .

As Indian airlines seek to expand their fleet, former Union Civil Aviation Minister Suresh Prabhu has said the carriers ... Read more

Future Enterprises Defaults On Rs 12.75-crore Interest Payment On NCDs

Banking - Published date: .

Debt-ridden Future Enterprises Ltd (FEL) has defaulted on the payment of interest of Rs 12.75 crore on two non-convertib... Read more