In a blow to telecom companies, the Supreme Court has refused to re-examine its verdict by which it had directed them to pay around £9.2 billion as licence...
Smashing street estimates, Tata Motors’s Q3FY24 profit more than doubled to £714.5 million, benefiting from the strength of its UK luxury car business, Jaguar Land Rover (JLR). It had posted a profit of £304.3 million in the year-ago period,...
India Inc is pressing the RBI to hold off on rate increases as borrowing prices rise. According to information made public by the trade group Ficci, the average interest rate grew by one percentage point to roughly 9.4% during the most recent...
In a blow to telecom companies, the Supreme Court has refused to re-examine its verdict by which it had directed them to pay around £9.2 billion as licence...
The ICICI Bank has approached the Bombay high court seeking to bring the “termination of appointment” of Chanda Kochhar as its MD and CEO into effect,...
E-commerce giant Amazon said it will create a million new jobs by 2025. The announcement came a day after commerce and industry minister Piyush Goyal played...
Reliance Industries (RIL) reported a 13.5% rise in profit in the third quarter of fiscal 2020 to £1.16 billion, benefiting from higher price realisations in its refining, retail, media and digital services businesses
The Enforcement Directorate has attached properties worth over £7.8 million of former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar, accusing...
India’s industrial production expanded at a modest pace in November, reversing three consecutive months of contraction, but many sectors remained in the...
Arguing that recoveries made from the sale of properties belonging to diamantaire Nirav Modi will be ‘a necessary boost to the economic health of the country in the long run’, the Punjab National Bank (PNB) sought permission from a special court...
The Supreme Court last week stayed the National Company Law Appellate Tribunal’s order reinstating Cyrus Pallonji Mistry as executive chairman of Tata...
Nobel laureate Abhijit Banerjee advised Finance Minister Nirmala Sitharaman to not announce any more corporate tax cuts in the upcoming Budget 2020. Banerjee and fellow Nobel laureate Esther Duflo attended an event and were part of 'The Juggernaut...
Air India chief Ashwani Lohani said that "rumours" of the disinvestment-bound airline's shutdown are "all baseless", weeks after he told the Civil Aviation Ministry that the carrier's financial situation was "grossly untenable" for sustaining...