India is considering a proposal for foreign investors to own as much as 20 percent in the Life Insurance Corporation, according to a person with knowledge of the matter, which would enable them to participate in the nation’s biggest initial...

The Union Cabinet on Wednesday approved setting up of seven new mega textile parks with an aim to put India on the global textile map. This move will help to attract foreign direct investments (FDI) into the textile sector and generate thousands...

Digital payments firm Visa on Wednesday has launched Card-on-File (CoF) tokenization services in India in line with the recently issued guidelines by the Reserve Bank of India (RBI) to secure customers' financial data. Visa's card...

The government has received over Rs 2,800 crore as dividend from Coal India and ONGC during this fiscal year (FY), DIPAM secretary said on Tuesday. "Government of India has respectively received about Rs 1426 cr from Coal...

Axis Bank on Tuesday said that it has become the first Indian private sector bank to arrange a term Secured Overnight Financing Rate (SOFR) linked trade financing deal, joining a select group of banks and financial institutions globally who have...

Most would agree that employees of an organization have a massive say when it comes to the success and failure of an organization and it is important to not only keep your employees happy but also motivated and competitive so that they can...

The Calcutta High Court has ruled that the goods and service tax registration cannot be cancelled if business was not carried out from the premises, due to the nationwide Covid19 pandemic. The order was issued in case of an appeal filed by...

The government on Sunday indicated that it will not be rushing ahead with the proposed consumer protection guidelines for e-commerce and it will put together a framework for the long-term, which will balance the interests of all the different...

A flood of initial public offerings (IPOs) is set to hit the market between the months of October and December. As many as 35 companies are aiming to raise a record Rs 80,000 crore in the third quarter if the market remains...

India has added five billionaires every month in the last 12 months as the value of businesses such as chemicals, software and pharmaceuticals increased. Among the traditional billionaires, Gautam Adani (59) and family, with Rs 5.1 lakh crore (a...