Business Today

Air India freezes promotions, new appointments amid stake sale preparations

For the disinvesment process, the books of accounts of Air India till July 15, have been closed and those financials would be used while seeking bids

Kotak Mahindra mutual fund exposure in DHFL at Rs 140 crore

In absolute terms, the total exposure is Rs 140 crore in two funds. In the first case, it is Rs 40 crore out of a fund size of Rs 5,500 crore, and Rs 100 crore i another fund of Rs 4,000 crore

Inflation in India to fall with stronger rupee, lower GDP forecast, says ADB

The ADB has lowered India's GDP growth forecast for the ongoing financial year to 7 per cent. Despite the forecast, India remains the fastest-growing country in the South Asia region

IL&FS crisis: SEBI expands probe in role of credit rating agencies

The ED and Grant Thornton have discovered that the IL&FS senior management interfered in the ratings review of its group firms, seeking their upgradation on many occasions

LIC offers Rs 1.25 lakh crore line of credit by 2024 to fund highway projects: Nitin Gadkari

Keen on timely execution of the Rs 8.41 lakh crore ambitious Bharatmala project that aims to lay a grid of highways pan-India, the Road Transport and Highways Ministry has been looking to harness various sources of finances including pension and insurance funds.


From The Magazine

Dream On Budget

Finance Minister Nirmala Sitharamans Budget is long on promises but short on ideas about fulfilling them