The Union cabinet has approved changes to the Companies Act that make it mandatory for companies to create a ring-fenced escrow account for corporate social responsibility expenditure and transfer unused funds to the National CSR Fund
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.
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 Union cabinet has approved changes to the Companies Act that make it mandatory for companies to create a ring-fenced escrow account for corporate social responsibility expenditure and transfer unused funds to the National CSR Fund
Asian Development Bank (ADB) lowered India's growth forecast from 7.2 to 7 per cent for the current fiscal, due to moderation in growth prospects

The Delhi high court refused to allow the promoter of now grounded Jet Airways, Naresh Goyal, to travel overseas
The Enforcement Directorate (ED) has provisionally attached immovable properties, valuables, vehicle, bank account having total value of £2.48 million of accused Mehul Choksi under Prevention of Money Laundering Act (PMLA) in connection with...

India is working to have sovereign benchmark like London interbank offered rate (Libor) by this September, which would make external borrowing easier for...

Infosys recorded a robust 12.4% year-on-year increase in revenue in constant terms in the quarter ended June. The performance sent its share price soaring...

The National Company Law Appellate Tribunal (NCLAT) has upheld steel tycoon Lakshmi Mittal-led ArcelorMittal’s £4.2 billion bid for the acquisition of...
The government has ordered an SFIO probe into now defunct Jet Airways and its group companies for alleged fund diversion, indulging in malpractices and other large-scale irregularities found during an inspection
Gujarat sees a further decline in foreign direct investment (FDI) equity inflows, going by the data revealed in Socio-Economic Review 2018-19

The Debt Recovery Tribunal (DRT) has directed fugitive diamantaire Nirav Modi and his companies to pay Punjab National Bank (PNB) and a consortium of banks...