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View: Bank’s race against crisis puts India on warning

By Andy Mukherjee India’s fragile financial system is swinging between despair and hope. Two separate incidents — both featuring the lender Yes Ban...

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Anshu Jain-backed InCred in race to buy Reliance wealth

(This story originally appeared in on Sep 17, 2019)MUMBAI: Anil Ambani's Reliance Group has put its wealth management unit up for sale as it looks to raise fun...

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KKR India buys 10% in CG Power

NEW DELHI: Private equity giant KKR India on Monday picked up 10% stake in CG Power and Industrial Solutions for over 89 crore through open market transactions....

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Pre-owned phones gain amid slump

Tina Gurnaney & Gulveen Aulakh NEW DELHI: With the economy hitting a rough patch, there’s one segment that expects to benefit — the pre-owned...

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Realtors cut flat sizes in weak market

MUMBAI:Market realities of ongoing liquidity crisis, changing buyer preferences and growing concerns about affordability have forced real estate developers' to ...

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Hotels body seeks police probe against Oyo

NEW DELHI: More than a week after the registration of a first information report (FIR) against Oyo founder Ritesh Agarwal filed by Bengaluru hotelier Natarajan ...

71159795

TCS to take over 1,300 GM India engineering unit’s staff

MUMBAI|BENGALURU: Tata Consultancy Services will take over 1,300 people from General Motors’ India engineering centre after it won a large, five-year engi...

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MeitY, DPIIT urge lower GST on ACs, high-end TVs

KOLKATA: The ministry of electronics and IT and the Department for Promotion of Industry and Internal Trade (DPIIT) have pushed for reduction of goods and servi...

71159741

Microfinance to double lending in 5 years: Muhammad Yunus

NEW DELHI: The microfinance industry in India will double its lending in the next five years if the current growth trends continue, said Nobel laureate and foun...

71159742

Higher road tax in 9 states pushes up cost of cars

NEW DELHI|MUMBAI: At a time when high ownership costs and liquidity tightening have put the brakes on automobile sales, as many as nine states — including...

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IIT graduates lead the way in mental health care

Kolkata: Indian Institute of Technology (IIT) graduates are known to have founded the highest number of billion-dollar startups in India. However, what is less ...

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IIT Delhi turns focus on industry-led research

NEW DELHI: The Indian Institute of Technology Delhi (IITD) is focusing on more industry-led research as part of a strategic shift aimed at improving its domesti...

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Air India's monthly fuel bill might spike by Rs 50 cr on hig...

New Delhi: Air India's monthly fuel bill might rise by at least Rs 50 crore if the crude oil prices continue to surge in the wake of drone attacks on oil facili...

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India, Iran review progress on full operationalisation of Ch...

India and Iran on Monday reviewed ongoing connectivity and infrastructure development projects, including the progress on full operationalisation of the strateg...

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Blackstone signs definitive deal to buy Coffee Day's tech pa...

MUMBAI: The Blackstone Group has signed a definitive agreement to buy Global Village Tech Park, owned by a subsidiary of Coffee Day Enterprises Ltd (CDEL), for ...

71155486

Jet Airways lenders make presentation to Synergy Group

MUMBAI: The lenders to the bankrupt Jet Airways Monday made a presentation to the South American conglomerate Synergy Group, which has reportedly emerged as sol...

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Bayer completes merger of Monsanto India

NEW DELHI: German chemical and pharma major Bayer AG on Monday said it has completed the integration of biotech major Monsanto's India business with itself. Th...

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Boards of Corporation Bank, Allahabad Bank give in-principal...

NEW DELHI: Corporation Bank on Monday said the board has given its in-principle approval for the merger with Union Bank of India. "The board of directors in it...

71154958

Strike call given by officers' union may affect normal busin...

New Delhi: The State Bank of India (SBI) on Monday said the operations of the bank could be affected if the two-day strike call given by officers' unions matera...

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How long should your phone ring, asks Trai

Kolkata: How long should a phone ring before a disconnection? That’s the focus of the sector regulator's latest consultation paper, wherein the Telecom Re...


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