In a relief for the crisis-hit Sahara Group, the Indian company has sealed the sale of its Grosvenor House hotel in London and two US properties - Plaza and Dream Downtown - in an $850 million debt refinance deal, reports said.
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21st Sep 2023 | Updated at 04:08pm 21st Sep 2023
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...
Google adjusts India app store policy after CCI command
After failing to receive any quick remedy from the courts against the CCI order, which ruled that it had abused its dominant position and engaged in anti-competitive conduct in India, Google has begun to make modifications to its policies regarding...
RBI governor Raghuram Rajan's blunt comments on interest rates and growth have upset government officials
The Gatimaan Express, India's first semi-high speed train that will run between Delhi and Agra, at a speed of 160 km per hour is cleared to launch.
Crisis-hit Sahara has entered the fray for buying its own Grosvenor House hotel, which was put on sale by its lender Bank of China after a “technical default.”
India's manufacturing activity has risen the highest in the past four months in May owing to the rising domestic demand despite higher costs for firms...
The Reserve Bank of India (RBI) governor Raghuram Rajan on Tuesday cut interest rates by 25 basis points (bps) for the third time this year, citing mixed...
“The world is increasingly moving towards automatic transmission of information with regard to illegal money held up. By 2017, the situation will arise...
The year 2015 seems to be a great year for India, economy wise.
The slowing demand for its luxury Jaguar and Land Rover cars in China has rained heavily on Tata Motors' first quarter net profit, the lowest in the past...
Jet Airways said it has suffered a net loss of 21 billion rupees in the financial year ending in March, which is about half of the loss they bore last year.
