Punjab National Bank (PNB) has said it has received all regulatory approvals for acquiring 30 per cent stake in Metlife India Insurance.

Steel Authority of India (SAIL) and Vedanta group firm Sterlite Industries are being moved out of the National Stock Exchange's benchmark index Nifty.

Over the last 15 years, as HCC diversified and took on bigger projects, it accumulated debt amounting to Rs 4,300 crore. Servicing it has taken a heavy toll on the balance sheet.

Spotting the next Infosys is difficult, but here are some leads on sectors and companies that could sparkle in the near future. Special: How to get rich

As the rupee falls past the psychological mark of 55 against the dollar, foreign trips are spiralling out of the reach of middle class as costs escalate by 20 per cent.

The losses of electricity distribution companies have ballooned though the transmission and distribution losses have come down. The centre should fix the distribution sector before it is too late.

With Formula One success behind him and the Yamuna Expressway stretching ahead, Jaypee's Manoj Gaur stakes claim for a seat at India Inc's high table. The company with the largest land bank in NCR is on course to cross Rs 20,000 crore in turnover this year.

Punjab National Bank (PNB) on Thursday said it has decided to pick up 30 per cent stake in Metlife India Insurance Company at an undisclosed sum, a move that marks entry of the state-run lender into the insurance sector.

In the political and economic chaos that is Kashmir, BT discovers some entrepreneurs who have found a way to thrive.

Jammu and Kashmir Bank Chairman Haseeb Drabu has been asked to resign, highly placed sources said on Thursday night.

For too long now, the pension sector has been a woefully neglected stepchild for everyone—government, regulators and investors. Now, hopefully, the first step towards pension reforms has been taken.

The stock market may be an unpredictable place, but this is one reversal of fortune that is too sudden even for those who did not blink at Dalal Street’s crazy plunge.

A few nimble players are furiously delivering financial services to a widely dispersed population and are making money - one customer at a time.

A, B and C are the cream. Can the new IIMs, like Shillong and the seven in the pipeline, ever be able to hold a candle to their illustrious peers?

Nearly two years after it acquired Aircel from C. Sivasankaran, Malaysia’s Maxis Group wants to become a pan-India player, with $4 billion in investment over the next two years.

The northern state of Jammu & Kashmir has taken pole position in the recent review of VAT (value-added tax) collections by the states for the six-month period ended October 2007.