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.

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, 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.