Business

Business

Adani wins final approval to begin work on Australian coal mine

Indian energy giant Adani on Thursday cleared the last regulatory hurdle to commence work on its controversial Carmichael coal mine project in Australia with the Queensland...

Over Rs 2.05 lakh cr frauds in 11 years: ICICI Bank, SBI and HDFC...

Of over 50,000 frauds that hit banks in India in the last 11 fiscal years, the ICICI Bank, State Bank of India (SBI) and...

Anil Ambani vows to cut debt to ‘bare’ minimum, says committed to meet all...

Embattled tycoon Anil Ambani on Tuesday vowed to cut debt of his group to "bare" minimum and said more than Rs 35,000 crore of...

Mudra loan NPAs soar 34 per cent in Gujarat in March quarter

Banks in Gujarat have reported a massive 34 per cent jump in NPAs from the small business loans extended under the Mudra scheme, one...

Air India to Resume Additional Delhi-Colombo Flight from July 15: Civil Aviation Minister

Air India will resume its additional flight on Delhi-Colombo route from July 15, Civil Aviation Minister Hardeep Singh Puri said on Sunday. The national carrier...

Azim Premji to retire from Wipro; son Rishad to take over

IT czar Azim Premji will retire as executive chairman of Wipro with effect from July 30, but will continue to serve on the board as non-executive...

Fiat Chrysler backs out of Renault merger proposal

Italian-American carmaker Fiat Chrysler on Thursday withdrew its blockbuster proposal to merge with Renault, blaming political objections in Paris and sparking a war of...

India lost USD 13 billion to trade misinvoicing: Report

India lost a staggering USD 13 billion, over Rs 90,000 crore, to trade misinvoicing, equivalent to 5.5 per cent of the value of the...

RBI removes charges on RTGS/NEFT transactions; asks banks to pass on benefits

The Reserve Bank of India Thursday said it has done away with charges on fund transfers through RTGS and NEFT routes to boost digital...

World Bank retains India’s growth rate for FY 19-20 at 7.5%

India is projected to grow at 7.5 per cent in the next three years, supported by robust investment and private consumption, the World Bank...