In a shocking turn of events, six Indian banks, Bank of Baroda, Bank of India, Canara Bank, ICICI Bank, Indian Overseas Bank and Axis Bank are suing Indian corporate GVK Coal Developers (Singapore) (GVK) - part of the GVK group - for $1.5 billion...

India has moved up one notch to be ranked seventh in the UNCTAD’s (United Nations Conference on Trade and Development) annual World Investment Report despite a 30% decline in foreign direct investment (FDI) into the country.

E-commerce major Amazon has sent a notice to Future Group promoters, asking them to refrain from entering into any kind of transaction with Reliance Industries group either directly or indirectly. The notice follows reports that the Future Group...

All three major global ratings agencies, Moody’s, S&P and now Fitch, have stable outlook for India’s sovereign ratings, which provides comfort to policymakers battling to secure growth against the backdrop of geopolitical tensions. The rating...

India's Goods and Services Tax (GST) collections dramatically rose by 44% year-on-year in the month of May 2022. The total GST collections for the month of May reached £14 billion. The contribution of domestic and overseas segments, in fact,...

Reliance Brands (RBL), which bought British toy retailer Hamleys in 2019, is all set to acquire 40% stake in Italy-headquartered Plastic Legno’s toy manufacturing business in India for an undisclosed sum. The deal will help Reliance Brands strengthen...

India’s Directorate General of Civil Aviation (DGCA) has imposed a fine of Rs 10,00,000 on Vistara after a co-pilot landed an aircraft at Indore airport on August 9, 2021 under the supervision of a captain who had not undergone simulator training...

Manufacturing sector in India remained robust in May on the back of new orders with a surge in global demand which was the strongest in over 11 years.