India's finance minister Nirmala Sitharaman said the government would ensure protection of rights and perquisites of workers of public sector units that are put up for privatisation, and that all earlier commitments made would be honoured. The...

A Reserve Bank of India (RBI)'s preliminary estimates show a substantial waning of the household financial savings rate to 10.4% of GDP in the second quarter of 2020-21 from a high 21% in the preceding quarter, as households switched from an...

The Delhi High Court on Monday stayed a single judge’s order restraining Future Retail from going ahead with its multi million deal with Reliance Retail to sell its business. A division bench of Chief Justice D N Patel and justice Jasmeet Singh...

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...

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...