India Business

India Business

India Becomes Sixth Largest Economy Leaving Behind France

India has become the sixth largest economy leaving behind France. According to World Bank statistics for 2017, India’s gross domestic product (GDP) was at...

NCLT dismisses Cyrus Mistry’s plea against removal as Tata Sons chairman

The National Company Law Tribunal (NCLT) today dismissed the pleas of Cyrus Mistry challenging his removal as Chairman of Tata Sons. Mistry was removed...

Taiwan becomes Chinese Taipei for Air India, China welcomes move

China on Thursday welcomed Air India's decision to change Taiwan's name to Chinese Taipei on its website and asserted that foreign companies operating in...

Panama Paper Leaks: Multi Agency Group looking into fresh revelations, says FinMin

The finance ministry on Thursday said the fresh revelations under the 'Panama Paper Leaks' are being looked into by the Multi Agency Group (MAG),...

ICICI Bank appoints Sandeep Bakhshi as COO; Kochhar to remain on leave

ICICI Bank announced on Monday the appointment of Sandeep Bakhshi as chief operating officer and said CEO Chanda Kochhar would be on leave till...

GST refund to foreign tourists at airports on the cards

Foreign tourists may soon get to claim Goods and Services Tax (GST) refunds at airports at the time of exit as the revenue department...

ICICI Bank orders probe into allegations against Chanda Kochhar

The board of India's largest private sector lender ICICI Bank has ordered an independent probe into allegations of 'conflict of interest' and 'quid pro...

Flipkart deal good for India, says Walmart CEO

World's largest retailer Walmart Inc today tried to assuage concerns around its USD 16 billion takeover of Flipkart, saying the deal is good for...

Flipkart: From modest start to Walmart nuptial and everything in between

From selling books online to striking a jaw-dropping USD 16 billion deal with the world's largest retailer Walmart, all within 11 years, Flipkart has...

India’s TCS crosses $100-bln market value

Tata Consultancy Services (TCS) became the first Indian company in a decade to breach the $100-billion market value barrier after stocks in the IT...