India poised to be 3rd largest economy by 2030: S&P

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.

Bajaj Housing Finance shares surge 136% on debut

Shares of Bajaj Housing Finance, one of India's biggest mortgage providers, shot up by as much as 136 per cent to Rs 165 during its trading debut on India's stock exchanges on Monday, after the $782 mn offering drew bids for more than 67 times...

The advisor for Air India’s divestment has suggested four options to the government regarding the struggling airline’s future that range from shutting it down to further reducing the debt of over £2.3 billion that bidders need to take on and...

India's finance and corporate affairs minister Nirmala Sitharaman launched the doorstep banking service of state-run banks, which is expected to benefit a large number of customers of these entities, including senior citizens and divyangs

Reliance Industries (RIL) last week became the first Indian company to cross the $200-billion market capitalisation mark after its stock surged over 8% on the back of reports that global retailing giant Amazon has been offered a $20-billion...

After nine consecutive months of decline, passenger vehicle sales in India rose by 14% in August to 215,000 units compared to 190,000 a year ago, according to latest data released by industry body Society of Indian Automobile Manufacturers (SIAM)



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