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BusinessToday.In
September 25, 2018
A government official said on Tuesday said the Reserve Bank of India (RBI) should consider lowering Cash Reserve Ratio (CRR) in addition to buying government bonds to ensure adequate liquidity.


Sumant Banerji
New Delhi, September 25, 2018
The cumulative wealth of the 831 individuals featured in the list stood at $719 billion - amounting to a quarter of Indian GDP of $2,848 billion (as per IMF estimate on 1st April 2018).


Reuters
September 25, 2018
US private equity firm Blackstone, which bought 20 per cent of Versace back in 2014, will fully exit its investment.


Rajeev Dubey
New Delhi, September 25, 2018
Frightful and irresponsible commentaries about a 'systemic risk' suggesting India's financial system could collapse due to IL&FS have added fuel to fire


PTI
September 25, 2018
Chinese billionaire Ma, on his 54th birthday, announced that he would step down as Alibaba's executive chairman in one year to make way for the next generation of leaders at the $420 billion e-commerce giant.


BusinessToday.In
New Delhi, September 24, 2018
The refinery officials' plan to cut imports illustrates that rising crude prices and emerging market currency weakness may start causing oil demand to decline in a number of markets that have so far seen healthy crude consumption.


BusinessToday.In
New Delhi, September 24, 2018
India will have a superfast broadband connectivity of 100 Gbps after the launch of three major satellites as early as next year.


PTI
New Delhi, September 24, 2018
BSNL will look at collaborating with Softbank for its satellite constellation which will have around 900 satellites to provide high speed internet services across the globe.


Reuters
New Delhi, September 24, 2018
The decision to cut imports illustrates that rising crude prices and emerging market currency weakness may start causing oil demand to decline in a number of markets that have so far seen healthy crude consumption.


Reuters
September 24, 2018
Flipkart Chief Executive Officer Kalyan Krishnamurthy is one of the leading candidates for the position.


BusinessToday.In
September 24, 2018
The Dewan Housing Finance stock rose up to 24.80% or 87 points to 438.75 level in early morning trade. On Friday, the stock went into a tailspin, nosediving 42.43 per cent to end at Rs 351.55 on the BSE.


PTI
September 23, 2018
Assuring lending support to non-banking financial companies, SBI Chairman Rajnish Kumar on Sunday said there was no concern on liquidity of such firms, amid ongoing debt crisis in IL&FS Group.


BusinessToday.In
September 23, 2018
The Goods and Services Tax Network has asked Infosys to develop new forms to simplify the process of return filing for traders. The new GST returns forms will be rolled out within a period of four to six months.


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.


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