As part of its efforts to ensure stability and continuity at state-owned lenders amid the pandemic, the finance ministry has recommended extending the tenure of three managing directors and chief executive officers (MDs and CEOs) and 11 executive...

If a strategic investor wants to take control of Vodafone Idea Ltd (VIL), Vodafone Group Plc and Aditya Birla Group may transfer control, according to two persons familiar with the internal negotiations. The development marks new thinking on...

India’s largest mortgage lender Housing Development Finance Corporation (HDFC) and the World Bank Group member IFC have entered into an agreement to promote green housing in India through lending for affordable and low-income housing....

Foreign portfolio investors (FPIs) have offloaded domestic equities to the tune of over Rs 5,689 crore in July so far as they continued to adopt a cautious stance in view of various domestic and global factors. During July 1-23, FPIs took out...

JSPL on Sunday has announced that it has received a revised offer of Rs 7,401 crore from Worldone Private Limited for divestment of its subsidiary company Jindal Power Limiter (JPL). Jindal Steel and Power Limited (JSPL) had earlier...

India Inc is projected to experience a jump in international borrowings, possibly establishing a new record, as various corporations raise cash for the first time in the coming months, owing to a persistent need for long-term project funding....

The apparels industry is a booming market segment in India the domestic market stood at 108 billion US dollars in 2019-2020 and out of these 28 billion US dollars of business was exports. This showcases the business potential of apparels business...

Sebi Chairman Ajay Tyagi on Thursday declared that prevailing low interest rates and ample liquidity are major factors for rising investor interest and any tightening of liquidity or increase in interest rates would impact the market....

Government is planning to complete LIC’s initial public offering (IPO) in the current financial year. Minister of State for Finance Pankaj Chaudhary announced this in the Lok Sabha on July 19. Earlier, Finance Minister Nirmala...

India’s first unicorn Zomato will make its stock market debut on Friday and it is marking a historic moment for the domestic capital market. As per initial schedule, Zomato’s listing was to take place on July 27. However, investment...