Business Today

ED suspects Chanda Kochhar got kickbacks for giving loans to Sandesaras' Sterling Biotech, Bhushan Steel

The Enforcement Directorate is reportedly looking into loans extended by ICICI Bank to Sandesara brothers-led Sterling Biotech and the embattled Bhushan Steels, which was recently acquired by Tata group

FDI in medical device dwindles, industry blames government policy

According to MTaI, 70 per cent of the world's total wealth and technology is in the West and Japan (India accounts for about 5 per cent of each)

Government achieving disinvestment target doesn't mean that there are takers for PSU equities

The government has recently decided to hold back the sale process of Pawan Hans until the national election is over as only one investor has put in financial bids for buying the helicopter service provider

Cement maker ACC's quarterly profit jumps 38% at Rs 346 crore; revenue up 8%

The operating profit of ACC grew by 8 percent to Rs 532 crore in Q1 versus Rs 492 crore in the year ago period; other income increased sharply by 230.6 per cent YoY to Rs 156.6 crore

RBI sets high cut-off at forex swap auction, forward rates jump

The Reserve Bank of India set a premium of 8.38 rupees at the three-year buy-sell swap auction and accepted the entire planned $5 billion up on offer

 
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