Following the footsteps of Silver Lake, another US firm KKR will invest £5.55 billion for a 1.3% stake in Reliance Retail Ventures (RRVL)

The telecom regulator Trai has stepped in to drive transparency and accountability in mobile tariffs, making it contingent on companies to declare and display various parameters in pre and post-paid plans to remove ambiguity on issues such as...

After the easing of lockdown restrictions, companies are rushing in to go public with the stock market witnessing low volatility, which is conducive for fund-raising

Between 2010 and 2017, several transactions went through Indian banks that were flagged as top-secret ‘Susp­icious Activity Reports’ or SARs by the US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) for suspected money laundering,...

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)