Vodafone India-Idea Cellular merger deal gets CCI nod

The Competition Commission today approved the merger of Vodafone India and Idea Cellular, said lawyers who worked on the deal, which will create the country's largest telecom operator.

FM introduces bill to replace Banking Regulation Ordinance

A bill to authorise the RBI to direct banking companies to resolve the problem of stressed assets was on Monday introduced in the Lok Sabha by Finance Minister Arun Jaitley.

Why the Indian government can't bail out banks Why the Indian government can't bail out banks

So the question arises: Can the Indian government can do what the US government did 10 years back after the 2008 global financial crisis? What US government then did was politically a bad move of buying equities in companies being bailed out. But economically it was a good move and it helped the US economy recover better than expected.

Only 5.5 per cent of India's population have passports: report

Despite easing passport issuing norms and spreading passport facilities far and wide, the number of passport holder remain dismal in India.

KKR, Warburg Pincus show interest in Air India sale

Aftre IndiGo and Tata, global private equity firms KKR and Warbug Pincus have expressed interest in acquiring Air India's stake.

Tue Jul 25 00:07:03 IST 2017
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