Banking

Posco's Steel Plant In India Faces Disruption, Hampers Auto Supply Chain

Supply of steel from Posco's Maharashtra plant has been seriously affected and production for carmakers "is likely to co... Read more

Govt Proposes To Hike In LIC's Authorised Capital To Rs 25,000 Cr

The government has proposed to significantly increase the authorised capital of Life Insurance Corporation of India (LIC... Read more

PVR To Invest Rs 150 Cr To Add 30-40 Screens Across The Country Next Fiscal

Multiplex major PVR plans to invest Rs 150 crore to open up to 40 screens across the country in the next fiscal. Read more

RINL Expects Rs 1,000-crore From Sale Of 22-acre Land In Visakhapatnam

State-owned RINL expects to garner Rs 1,000 crore from the sale of its 22.19 acre land located in the heart of Visakhapa... Read more

Cairn Wants India To Pay $1.4 Bn, Shareholders To Seek Enforcement

Cairn said its shareholders expect the use of the company's 'strong powers of enforcement' to recover 1.4 billion Read more

Cipla Liquidates Wholly-owned Unit As Part Of Internal Reorganisation

Drug major Cipla on Saturday said it has voluntarily liquidated a wholly-owned step-down subsidiary. Read more

Canadian Plane Maker De Havilland Wins $43 Mn Claim Against SpiceJet

SpiceJet says it will appeal against the order Read more

Reliance Home Finance Defaults On Rs 40 Cr Loan Repayment To P&S Bank

Reliance Home Finance Ltd (RHFL) on Saturday said it has defaulted on loan of over Rs 40 crore from Punjab & Sind Ba... Read more

AirAsia Targets Launch Of Flying-taxi Business As Soon As Next Year: CEO

The flying taxis it hopes to begin providing next year will come with as many as four seats and will be powered by a qua... Read more

Retail Startup Shoopy Raises $250,000 Seed From US, India Investors

Shoopy helps retailers and local business owners go online in a few seconds, and manage invoicing, billing, inventory tr... Read more

Ikea Rushes To Make Up Lost Time On India Expansion After Delays

The company opened its second India store on the outskirts of Mumbai in December and another in the southern city of Ben... Read more

Muthoot Group Chairman, Whole Time Director M G George Muthoot Passes Away

Under his stewardship, Muthoot Finance achieved new heights of growth and became the market leader in the gold loan indu... Read more

Unitech Developers Case: ED Searches 12 Locations Linked To Shivalik Group

A team of the Enforcement Directorate has carried out searches at several locations linked to the Shivalik Group in conn... Read more

Elon Musk Loses $27 Bn As Wealth Gains Unravel After Tesla Shares Tumble

The Tesla Inc. chief executive officer lost $27 billion since Monday as shares of the automaker tumbled in the selloff o... Read more

NDMC Show-cause Notice To Le Meridien Hotel For Continuing Trade Activity

The New Delhi Municipal Council has issued a show-cause notice to the Le Meridien Hotel for allegedly operating restaura... Read more