Business

Asset stripping is something that Indian promoters have perfected into an art form. For years, the Singh Bros - Malvinder Mohan Singh (MMS) and Shivinder Mohan Singh (SMS) have got away with the proverbial blue murder and finally their luck ran out with their recent arrest. The width and ...

The Indian and overseas industrial captains on Friday responded whole-heartedly to Chief Minister Kamal Nath's request to invest in Madhya Pradesh by making the most of its central location in the country. The one-day global investment summit realised much of what he has been promising ...

Reliance Jio continued to be the only operator to add new subscribers, as the telecom major added 84.45 lakh users in August, taking its customer base to 34.82 crore, while its competitors Airtel and Vodafone Idea kept losing their subscriber base. According to data released by the Telecom Regulatory Authority of India (TRAI), ...

The Pension Fund Regulatory and Development Authority aims to cover around 45 crore people in the unorganised sector under its schemes, its member Supratim Bandyopadhyay said on Friday. The PFRDA runs the Atal Pension Yojana (APY) and National Pension System (NPS)...

Banking services could be affected next week as two bank unions have warned they will go on a 24-hour long strike on October 22 to protest against the recent bank mergers, falling deposit rates and a call for job security. The two unions - the All India Bank Employees' Association (AIBEA) and the Bank ...

Digital transformation in the banking industry has a long way to go as a new report has revealed that even today only 17 per cent of banks have succeeded in digitally transforming at scale. Legacy technology and system integration challenges are perceived as the ...

Army Chief General Bipin Rawat said on Friday that domestic defence industry exports are expected to grow to Rs 35,000 crore by 2024, up from the current annual figure of Rs 11,000 crore. General Rawat, who was speaking at a conclave of foreign defence attaches at ...

With the aim to promote investments in the state, Chief Minister Kamal Nath on Friday inaugurated the "Magnificent Madhya Pradesh" event by lighting a lamp. Over 900 business representatives are participating in the event organised at the Brilliant Convention Centre here....

The countrys civil aviation regulator has slashed the domestic air passenger growth forecast to 4-6 per cent from an earlier projection of 7-9 per cent. The new projection comes after September's passenger traffic data showed a dismal growth of 1.18 per cent over the corresponding month of last year....

Mukesh Ambani-led Reliance Industries Ltd (RIL) created a new benchmark on Friday by crossing the market capitalisation of Rs 9 lakh crore. The surge in market capitalisation and share prices comes ahead of the company's second quarter results to be announced later in the day....