The government of India unveiled a fresh round of liberalisation of the foreign direct investment (FDI) policy, allowing foreign airlines to invest up to 49% in Air India, and opening up 100% FDI in single brand retail under the automatic route.
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...
The government of India unveiled a fresh round of liberalisation of the foreign direct investment (FDI) policy, allowing foreign airlines to invest up to 49% in Air India, and opening up 100% FDI in single brand retail under the automatic route.
The Serious Fraud Investigation Office (SFIO) has filed a case against fugitive tycoon Vijay Mallya and 18 others, including Air Deccan founder Captain...
The government of India said it has decided to strike off the names of 1,20,000 more companies from the official records for various non-compliances as part of its continuing fight against the black money menace
The World Bank has projected that the Indian economy would grow to 7.3% in 2018-19 and 7.5% in the medium term on the back of revival of private investment...
For the sixth time, Kingfisher Airlines' erstwhile headquarters has been put on the block by the Debt Recovery Tribunal Bangalore
In a significant development, Bengaluru-based mobile ads firm InMobi said it would be acquiring California-based startup AerServ for $90 million.
The direct tax collection by the government of India has jumped by 18.2 per cent during the first nine months of current fiscal at £65.6 billion.
Tata Consultancy Services (TCS), India’s largest software services exporter by revenue, said it signed a multi-year deal worth more than $2 billion with Transamerica to transform the life insurer’s US insurance and annuity business lines.
Indian Minister for Commerce and Industry, Shri Suresh Prabhu, met met on January 11th with the International Trade Secretary, Dr Liam Fox, to discuss greater cooperation between the two countries and identify barriers to trade and investment...
Global hedge funds and asset management companies are making a cautious return to India's resurgent start up ecosystem, 18 months after they pulled back...