The Income Tax Department has filed four prosecution cases against former Finance Minister P Chidambaram's son Karti, wife Nalini, and daughter-in-law...
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17th Jan 2019 | Updated at 02:08pm 17th Jan 2019
State-owned bank officers' union in India calls strike over mergers
Workers at India’s state-owned banks called a nationwide strike on Friday in protest at proposed mergers that could cause job losses and demanded immediate wage rises.The strike organised by All India Bank Officers’ Confederation (AIBOC), impacted...
India extradites UK businessman in AugustaWestland scam
Christian Michel, 57, is a British businessman who has been extradited to India to face prosecution for alleged bribery in connection with New Delhi’s $720m acquisition of 12 VIP helicopters. On Tuesday night, while Sushma Swaraj, India’s foreign...
Four Indian banks reported a combined net loss of £1.17 billion for the fiscal fourth quarter due to a jump in bad-loan provisions following a tightening of Reserve Bank of India rules
In the world's biggest-ever e-commerce acquisition, India's largest e-commerce company Flipkart agreed to sell 77 per cent stake to US retail giant Walmart...
HDFC is all set to look for a successor for Aditya Puri in a year. It plans to finalise someone to work alongside and then takeover from the CEO, when...
As part of a £940 million package for electric and hybrid vehicles, the government may offer incentives of up to Rs 2,50,000 to those scrapping old petrol...
In a major setback for Google India, the Income Tax Appellate Tribunal said payments made by it to the parent firm Google Ireland constitute a royalty under the Indian law, as well as under the India-Ireland Double Tax Avoidance Treaty (DTAA),...
American retail giant Walmart Inc is picking up a 77% stake in Indian online retailer Flipkart for $16 billion in the largest e-commerce deal ever struck...
A poll of economists estimate that India will claim top spot among the world's fastest-growing major economies this year
Tata Consultancy Services (TCS) on Monday became the first Indian company to breach market capitalisation (m-cap) of $100 billion.
The Indian government has approved a proposal to promulgate Fugitive Economic Offenders Ordinance 2018, in a bid to crack down on economic fugitives and...
