Wipro chief Premji to step down, son Rishad to take over reins

Chairman of software major Wipro, Azim Premji, has decided to step down after 50 years and hand over charge to his elder son, Rishad

India to grow at 7.5% in next three years: WB

In a forecast made by the World Bank, India's economy is projected to grow at 7.5 per cent in the next three years owing to robust investment and private consumption

In a move that should make mortgages, auto loans and other borrowings cheaper, Reserve Bank of India cut interest rates by 25 basis points for the third time this year and hinted at more cuts by changing its policy stance from “neutral” to “accommodative”

Punjab National Bank’s (PNB’s) woes don’t seem to be ending with the state-run lender reporting a loss of £475 million in the March quarter



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