Days after United Breweries Holdings (UB Holdings) chairman Vijay Mallya bought a cricket team in the Caribbean Premier League, Punjab National Bank has declared UB Holdings as a “wilful defaulter.”
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25th Apr 2024 | Updated at 09:25am 25th Apr 2024
Tata Motors Q3 net more than doubles to £714.5 mn
Smashing street estimates, Tata Motors’s Q3FY24 profit more than doubled to £714.5 million, benefiting from the strength of its UK luxury car business, Jaguar Land Rover (JLR). It had posted a profit of £304.3 million in the year-ago period,...
India Inc wants RBI to go slow on interest rate hikes
India Inc is pressing the RBI to hold off on rate increases as borrowing prices rise. According to information made public by the trade group Ficci, the average interest rate grew by one percentage point to roughly 9.4% during the most recent...
Ringing Bells, a Noida based company in India, has offered what it claims to be the world's cheapest smart phone for less than £3 a handset.
The recently held six-day business expo, Make in India Week, has helped the government generate investment commitments worth £152 billion for the country,...
The I-T department in India has asked Vodafone to pay up tax dues worth £1.42 billion or face action like the seizure of its assets.
Industrial production in India shrunk for the second consecutive month in December, pushed lower by manufacturing and mining, raising fresh doubts about the contradiction between the factory output number and the gross domestic product data...
Three state-run lenders; Central Bank of India, Dena Bank and Allahabad Bank have reported massive losses, prompting concerns over the unsteady state of...
The Gujarat government has announced a new IT&ITes Policy offering several incentives, with a view to support and match with Prime Minister Narendra Modi's Digital India programme and promote the state's IT industry
UAE national carrier Etihad and Jet Airways have become two of the fastest growing airlines in India, due to their partnership which allowed both the airlines...
Punjab has proven that foreign equity in food retail with 100 per cent local sourcing can be a win-win formula for everyone, union Food Processing Minister Harsimrat Kaur Badal said in Mumbai.
Wipro, in its fourth acquisition in less than six months, and its biggest since the $ 600 million buyout of Inocrossing in 2007, is all set to buy US-based...
