Business

Business

India business awaits changes to Raj era labour laws

WITH steel machines hissing and whirring and staff studiously manning production lines, Sunder Rajan's factory about two hours southwest of New Delhi is prospering. But...

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...

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...

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...

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...

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...

Tata Steel to continue exploring mergers in Europe despite Thyssenkrupp setback

Tata Steel has not given up on its plans of merging its business in Europe, a top company official said while terming the European...

McDonald’s gets US lift from donuts, bacon as profit dips

Despite appealing to America's love affair with bacon and donuts, McDonald's reported a dip in first-quarter profits Tuesday. The fast-food giant scored a solid 4.5...

Vijay Mallya fights Indian banks’ attempt to recover dues in UK

Embattled liquor tycoon Vijay Mallya on Wednesday (3) faced yet another legal battle to prevent a consortium of Indian banks led by State Bank...

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...