If the Rs 1 lakh crore organised dairy industry is growing at a robust 10 per cent year- on-year, and consumption too is growing, why are many dairy companies losing flavour?

GMR Infra stock rose nearly 3% after the company announced about signing a concession agreement for construction of the new international airport in Greece's island Crete.

The Indian packaged food market is expected to be worth $270 billion by 2027, driven by often contradictory trends in different parts of the country.

Govt reforms bringing desired results, note ban served purpose, says Venkaiah NaiduVice President Venkaiah Naidu on Sunday said the reforms like GST, the law on black money and insolvency code started by the Modi government are bringing desired results and asserted that India has got a bright future. Naidu further said that as more and more people are coming into the banking fold, the tax rate will come down. Defending the Prime Minister's controversial note ban decision of November 2016, the...

Weighed down by the development, shares of Naresh Goyal-led company declined as much as 4.55 per cent to touch an intra-day low of Rs 248.10 apiece on the Bombay Stock Exchange, after making negative opening at Rs 253.80 against previous closing of Rs 259.95.

The former chief executive parted ways with the airline after Goyal initiated discussions with his investment partner Etihad Airways for further stake sale to garner funds.

The Anil Ambani-owned Reliance Entertainment and acclaimed Hollywood director Steven Spielberg's DreamWorks announced formation of a new film, television and digital content creation company.

Vassiliki Thanou, an opponent of austerity who has argued against wage cuts for judges and court officials, and her new interim government will remain in place at least until parliamentary elections are held.

The repayment to the European Central Bank marked another step for Greece away from near financial collapse, but Prime Minister Alexis Tsipras must now tackle a political crisis after anti-bailout rebels robbed his government of its parliamentary majority.

While the approval was virtually guaranteed given the dominance of Merkel's left-right grand coalition,the key question was whether the chancellor would face damaging dissent within her own camp.

Not everything in the world economy, however, is as sanguine as the US and British economies would appear to be.

PM Tsipras' inability to cut a deal in early July, which forced Greek banks to close their doors and sent the economy plunging, has pushed up the cost of the latest bailout to 86 billion euros, from the 53 billion euros Greece was requesting only a few weeks ago.

The European Central Bank increased emergency funding for Greek lenders, although capital controls will have to remain in place to avoid a run on the banks when they reopen on Monday.