The flagship company of the Jaypee Group, Jaiprakash Associates, has defaulted on loans totaling Rs 4,059 crore, including both the principal and interest. 

RS Sodhi, the managing director of Amul who has been in that position since 2010, was ousted on January 9. The large cooperative in the dairy industry has named Jayan Mehta as its interim MD.

HDFC has said that its advances rose 19.5% year on year, while deposits grew 19.9%. The second-largest bank’s growth in deposits is more than double the industry rate of 9.4%, while loan growth is marginally higher than the industry rate of...

The Indian skies may soon see a new airline taking off. Fly91 will be promoted by aviation veteran Manoj Chacko and cofounded by Harsha Raghavan, former India head of Prem Watsa’s Fairfax Financial Holdings.

According to a regulatory filing, Reliance Industries (RIL) aims to build an integrated fast-moving consumer goods (FMCG) organisation with intentions to enter nearly all product categories and an equal emphasis on backend sourcing. 

As per the California Highway officials report, an Indian-origin man, Dharmesh A Patel, has been arrested for attempted murder and child abuse. Further added, he intentionally drove his car over a cliff with his wife and two children.

Security forces have rescued six of the 32 people who were abducted at a train station in Edo state, southern Nigeria, the authorities say.

A six-year-old boy opened fire in an elementary classroom in the eastern US state of Virginia, seriously injuring a teacher at Richneck Elementary School in Newsport News, police said. According to media report, no students were hurt in the...

Tina Singh, an Ontario mother, created what she claims is the first safety-certified multisport helmet to meet the needs of Sikh children in particular, including her own according a Canadian-based newspaper. 

According to officials, Pakistan is expected to seek over USD 16 billion at a UN summit the next week for the rehabilitation and reconstruction of the regions destroyed by last year's devastating floods, which cost the nation an estimated USD...