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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17th Jul 2019 | Updated at 02:24am 17th Jul 2019
NCLAT okays Arcelor’s bid for Essar Steel
The National Company Law Appellate Tribunal (NCLAT) has upheld steel tycoon Lakshmi Mittal-led ArcelorMittal’s £4.2 billion bid for the acquisition of Essar Steel
PNB allowed to recover £720 mn from Nirav Modi
The Debt Recovery Tribunal (DRT) has directed fugitive diamantaire Nirav Modi and his companies to pay Punjab National Bank (PNB) and a consortium of banks an aggregate sum of £720 mn, with 14.3% annual interest from June 30, 2018
The Reserve Bank of India said that 6,801 cases of fraud were reported by scheduled commercial banks and select financial institutions involving an amount...
Singapore has toppled Mauritius and became the top Foreign Direct Investment (FDI) source in India
The Narendra Modi government is likely to invest nearly £300 billion in transport sector in the next five years, which is nearly a third of the £1,000 billion investment push for the infrastructure sector to elevate economic growth and job creation
Former Jet Airways chief promoter Naresh Goyal and his wife Anita were offloaded from Emirates flight and were barred from leaving India
A strong mandate to the Modi-led NDA government could pave the way for softer interest rates regime from the Reserve Bank of India (RBI) when it announces its second bi-monthly policy for FY20 on June 6
UK's wealthiest people Hinduja Brothers will bid for debt-laden Jet Airways, sources said
Differences cropped up between the co-founders of India’s most successful airline IndiGo, sources said.
Tata Group plans to re-enter the FMCG business nearly after three decades in the personal and home care categories competing against Hindustan Unilever...
India is readying to fight a bitter-battle on global rules for e-commerce trade at the World Trade Organization (WTO) with close to 70 countries siding with the US to have a multilateral mechanism
