India poised to be 3rd largest economy by 2030: S&P

India is poised to be the third largest global economy by 2030 but rising population presents mounting challenges in basic service coverage and growing investment needs to maintain productivity, S&P Global Ratings said.

Bajaj Housing Finance shares surge 136% on debut

Shares of Bajaj Housing Finance, one of India's biggest mortgage providers, shot up by as much as 136 per cent to Rs 165 during its trading debut on India's stock exchanges on Monday, after the $782 mn offering drew bids for more than 67 times...

Dilip Shanghvi of Sun Pharmaceuticals, with a net worth of $ 21.5 billion, surpassed Mukesh Ambani as the world’s richest Indian, few days after the Reliance Industries Ltd. chief was ranked India’s wealthiest for the eighth consecutive year

In line with his promise that India will not levy any tax with retrospective effect, finance minister Arun Jaitley announced that the government would delay by two years the implementation of the planned General Anti-Avoidance Rules (GAAR),...



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