In a surprise announcement, Tata Motors said that former Daimler executive Marc Llistosella, who was named chief executive officer (CEO) of the company a little over a month ago, will not join the firm. The Tata Motors statement did not give...
India has now surpassed Japan to become the world’s fourth-largest economy in nominal GDP, with a GDP of $4.18 trillion, according to the government’s year-end economic review.The country is poised to overtake Germany within the next 2.5 to...
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.
In a surprise announcement, Tata Motors said that former Daimler executive Marc Llistosella, who was named chief executive officer (CEO) of the company a little over a month ago, will not join the firm. The Tata Motors statement did not give...
The UK has overtaken India to claim the fourth spot among top growth destinations, while the US extended its lead over China as the top market where CEOs are looking for growth, a survey showed. The PwC’s annual CEO survey said that post-Brexit,...
The government is targeting half its asset monetisation target of £25billion from railways and telecom, while scouting for new areas, including warehouses to store foodgrains, coal and other mines and tourism infrastructure, to mop-up resources...

India and China have called upon World Trade Organization (WTO) members to address long-pending concerns over public stockholding and special safeguard...
Wipro will acquire London-based global management and tech consultancy Capco for $1.5 billion to bolster its presence in the banking, financial services & insurance (BFSI) space. The deal, which is Wipro’s largest acquisition ever, will also...
Foreign equity inflows in India shot up 40% to $52.9 billion with gross FDI rising over 22% to $67.5 billion during April-December 2020 on the back of deals in the digital space, such as those involving Reliance Jio. Net inflows were estimated...

Putting at rest all speculation around a partnership with Tesla, Tata Sons chairman N Chandrasekaran said last week that,“There is no dialogue with Tesla....

L N Mittal, the Indian-origin promoter of Luxembourg-based Arcelor Mittal Group, met Prime Minister Narendra Modi during his visit to the Statue of Unity...
Global ratings agency Moody’s expects India’s economy to grow by 13.7% in 2021-22, higher than its previous estimate of 10.8% expansion as economic activity gathers pace.

Prime Minister Narendra Modi underlined the importance of public sector entities in the financial sector, while pointing to the need to promote private...