Nearly 150 million consumers who are currently not credit-active are potentially eligible to become retail credit borrowers, providing significant growth opportunities for retail lenders and a major boost to the economy, a study has said....

SoftBank has agreed to sell its entire 21 percent stake in Flipkart to US retail giant Walmart, ending the uncertainty created after the Japanese telecom and Internet giant’s head Masayoshi Son last week said he was still undecided...

Captive centres in India of global firms have hired nearly 1.3 lakh people last year and they have overtaken for the first time in a decade the number of people hired by Indian IT services and back-office companies, said industry experts. The...

India is the sixth wealthiest country in the world with a total wealth of $8,230 billion, while the US is the richest nation globally, says a report. According to the AfrAsia Bank Global Wealth Migration Review, the US is the wealthiest...

Kumar Mangalam Birla clearly has ambitious plans for the cement-making arm of his metals-to-financial services conglomerate—and both organic and inorganic expansion is fair game. So while the fate of its deal to acquire Binani Cement...

The value of bitcoin has seen relatively significant losses over the last week, following a period of relative stability hovering above $9,000. If it continues its poor form, it could fall below $9,000 in the coming days. The volatile...

Punjab National Bank (PNB) reported a Rs 13416.91 crore ($1.98 billion) fourth-quarter net loss on Tuesday, the biggest-ever by an Indian lender as the state-run bank booked provisions to cover a massive fraud. In what has been dubbed the...

Revamping its Google Drive online storage subscription plans, the tech giant has announced to roll out a new, low-cost storage plan called "Google One". "Thanks to mobile phones and new file formats like 4K video and high-res...

The Hero-Munjal consortium has emerged winner in the race for Fortis Healthcare Ltd. The board of directors of Fortis has decided to recommend the binding offer of the Hero and Munjal consortium. It is a majority decision by the board,...

The day ahead of us is filled with the element of surprises and uncertainties. One person’s experience could mean everything to the world. Yet, the same experience could mean nothing to the other and could be ignored completely thinking...