India Business

India Business

Top Amul Executive Resigns, Board Denies 450-Crore Corruption Allegation

The managing-director of Anand-based Kaira District Co-operative Milk Producers Union Limited or KDCMPUL, popularly called Amul Dairy, has resigned and his resignation was accepted...

India to be ready with 5G roadmap by June: Tel Secy

India will be ready with a full roadmap for 5G technology by June this year, Telecom Secretary Aruna Sundararajan said today. Terming 5G important...

Air India makes history by flying to Israel via Saudi airspace

The direct maiden flight of Air India to Tel Aviv from New Delhi arrived here on Thursday, heralding a new chapter in the India-Israel...

Chennai Jeweller Accused Of Rs. 800 Crore Bank Fraud, CBI Files Complaint

A case has been filed by the CBI against Chennai-based jeweller Kanishk Gold Pvt Ltd for allegedly cheating a consortium of 14 banks of...

Reliance Communications gets bondholders nod for asset sale

Indian telecom company Reliance Communications Ltd (RLCM.NS) (RCom) said on Wednesday its bondholders approved its asset selling plan. Holders of the company’s $300 million bonds...

India says it will engage with U.S. on concerns over Indian export subsidies

India will engage with the United States to discuss its concerns on India’s export subsidies and respond within 60 days, the trade secretary said...

Gujarat Refinery to invest Rs 24k cr on projects till 2022

Indian Oil-owned Gujarat Refinery on the outskirts of Vadodara city will invest about Rs 24,174 crore on new projects and expansions in the next...

Nirav Modi drops out of Forbes billionaires list

Diamond trader Nirav Modi, accused of pulling off the country's biggest bank fraud, is no longer a part of India's billionaires club. Modi, who...

25 yrs ago World Bank debated on investing in telephone poles in India’

About a quarter century ago there was a heated debate inside the World Bank if it should invest in telephone poles in India, the...

PNB shares tank over 7%; mcap drops Rs 10,781 cr in 4 days

Shares of Punjab National Bank (PNB) tumbled over 7 per cent today, extending the fall for a fourth straight session following the Rs 11,400-crore...