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PTI
September 22, 2018
Anil Kumar Chaudhary Saturday took charge as chairman of state-owned Steel Authority of India Limited. Prior to this, he was director (finance) of SAIL since 2011.


BusinessToday.In
September 21, 2018
Alleging financial mismanagement in the Omaxe Group, Sunil Goel, the second largest promoter and shareholder of the company, has filed a legal petition against Rohtas Goel, Chairman & Managing Director of Omaxe Ltd for alleged malpractices and financial fraud.


Ajita Shashidhar
September 20, 2018
The irony is that the home-grown retailers are starved for cash and need capital and at the same time global giants are finding ways of investing in multi-brand physical retail companies.


PTI
September 20, 2018
The country's largest lender State Bank of India on Thursday said it is not in a position to acquire more banks at the moment as it needs 2-3 years to see gains from the consolidation effected last year.


BusinessToday.In
September 20, 2018
Global private equity major Kohlberg Kravis Roberts & Co LP (KKR) along with Mumbai-headquartered Radiant will buy 49.70 per cent stake in Max Healthcare from South Africa-based Life Healthcare Group Holdings for about Rs 2,120 crore.


Reuters
New Delhi, September 20, 2018
The Danish bank detailed compliance and control failings amid growing calls for a European Union crackdown on financial crime after a series of money laundering scandals which have attracted the attention of USauthorities.


BusinessToday.In
September 19, 2018
Cautioning businesses in China to be ready for a long drawn trade war with US, Alibaba Group founder Jack Ma said the dispute could drag for 20 years, extending far beyond the presidency of Donald Trump.


Nevin John
New Delhi, September 19, 2018
Mahindra has sold 100,318 units between April and August because of its best-selling models like Bolero, Scorpio, XUV500.


BusinessToday.In
New Delhi, September 19, 2018
Ahead of festive showdown, Flipkart pumps in Rs 3,463 crore to boost salesFlipkart is aiming at achieving 50 per cent of all smartphone sales during the upcoming festive month. Keeping the ambitious plan in mind, Flipkart has pumped in Rs 3,463 crore into its online marketplace, Flipkart Internet. This is the first biggest capital infusion by the Walmart-backed e-commerce giant ever since the US-based retail behemoth acquired a majority stake in the company. RCom to exit tele...


Mail Today Bureau
New Delhi, September 19, 2018
Sebi says the mutual fund expenses will be brought down considering economies of scale. The easing of norms for FPIs is in tune with the government policy to attract foreign funds at a time when the rupee is depreciating sharply and the stock markets are on a roller coaster.


Anand Adhikari
September 18, 2018
The BJP-led NDA government probably had the right intention when they knocked on the doors of Ravi Venkatesan, former chairman of Microsoft India and P S Jayakumar, an ex-citibanker turned entrepreneur, for helping them in conducting an experiment of sorts with Bank of Baroda.


PTI
Mumbai, September 18, 2018
Sebi Chairman Ajay Tyagi said that ICICI Bank has sought to settle the issues related to Chanda Kochhar through consent mechanism.


BusinessToday.In
New Delhi, September 18, 2018
Ola's latest round of funding from the two Chinese investment firms comes when the company is eyeing expansion across India and abroad.


Reuters
New Delhi, September 18, 2018
Trump warns if China takes retaliatory action against US farmers or industries, it will immediately pursue phase three, which is tariffs on approximately $267 billion of additional imports.


Anand Adhikari
September 17, 2018
The merger of Dena Bank and Vijaya Bank with Bank of Baroda will create new challenges for the amalgamated bank.


PB Jayakumar
New Delhi, September 17, 2018
His new appointment is for a period of one year with effective October 1, 2018, said a press release.


Associated Press
New Delhi, September 17, 2018
Time, like other magazines, has struggled with continued declines in print advertising and newsstand sales.


K.T.P. Radhika
New Delhi, September 17, 2018
India's digital gaming industry is on steroids. But making money out of the craze is still a challenge for companies.


Anand Adhikari
New Delhi, September 17, 2018
Gender diversity is missing in large areas of the financial services industry. There is no easy way out.


Nevin John
New Delhi, September 17, 2018
Lessons from the failure of some of India's biggest business names.


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