The rupee on Wednesday has declined by 16 paise to close at its fresh lifetime low of 77.60 against the US dollar amidst the unabated foreign fund outflows and a stronger greenback in overseas markets. At the interbank foreign exchange market,...

Abu Dhabi-based global strategic investment firm, International Holding Company PJSC (IHC), announced today the completion of a Rs 15,400 crore ($2 billion) investment transaction in the Adani Portfolio companies, Adani Green Energy Limited...

Goldman Sachs is in advanced talks to invest about $350 million (Rs 2,700 crore) in API Holdings, the parent of online pharmacy PharmEasy, in a structured debt transaction, people in the know said. The debt will carry an interest rate of 14-15%...

Citing the second highest business activity index reading in 13 months in the month of April, rating agency Icra on Tuesday forecast the economy to grow 12-13 per cent in the first quarter of the current fiscal. However, Icra has maintained...

Promotion at work is a big milestone in everyone’s career, and one the person knows the efforts he/she has put to achieve the position. It is okay to pause for a moment to applaud yourself and celebrate this occasion that guided you to land...

Adani group has recently made an open offer to acquire a 26 per cent stake each in Ambuja Cements and ACC Ltd from public shareholders after announcing a $10.5-billion deal to acquire Holcim’s India business. Through its Mauritius-based...

Confederation of Indian Industry (CII) has recently said an immediate measure to moderate inflation could be to moderate taxes on fuel products, which constitute a large share of the retail pump prices of petrol and diesel. “CII would...

Larsen & Toubro Ltd (L&T) expects its information technology (IT) services business to more than double to Rs.73,980 crore in revenue by 2026 March, and the share of the high-margin business to fence from a fifth of present revenue to 27...

Reliance Industries has begun enlisting independent retailers on their e-commerce platform, JioMart, as a forerunner when it comes to the creation of a separate marketplace for all third-party sellers. The move is part of...

Retail prices grew at 7.8% in April, the highest since the Narendra Modi-led National Democratic Alliance (NDA) government assumed power in May 2014, squeezing household budgets, potentially affecting consumer confidence, as well as, setting the...