India Business

India Business

India’s rich get richer, Mukesh Ambani retains top slot:Forbes

Reliance Industries chief Mukesh Ambani on Thursday emerged as India's wealthiest for the 10th straight year as his net worth swelled to USD 38...

Eros International, Hollywood’s STX Entertainment to merge, create global content firm

In a first of its kind deal, Indian movie producer and distributor Eros International on Saturday announced an all-share merger with Hollywood's STX Entertainment...

Atlas Cycles pedals away as operations shut at last manufacturing unit

Atlas Cycles - a name that became a synonym for bicycles in India - has shut its last manufacturing unit in Sahibabad, just outside...

Office Bearers of Lijjat for 2018-2019

Shri Mahila Griha Udyog Lijjat Papad is a world Institution established on 15th March 1959 with the object of upliftment of women from rural...

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...

IDBI Bank says not being probed over Kingfisher loan

STATE-RUN lender IDBI Bank Ltd said on Tuesday (August 12) it is not being investigated by the Central Bureau of Investigation (CBI) over a...

US-based Target Corp terminates contract with Welspun India

US-based retailer Target Corp has decided to terminate its contract with Welspun India for alleged lapses in products supplied to it, prompting the textiles...

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...

Bank Fraud Touched Unprecedented Rs 715 billion in 2018-19: RBI

Over 6,800 cases of bank fraud involving an unprecedented Rs 715 billion have been reported in 2018-19, the Reserve Bank of India has said....

Chanda Kochhar quits ICICI Bank, Sandeep Bakhshi to succeed her as MD & CEO

ICICI Bank Managing Director Chanda Kochhar has resigned from the bank with immediate effect. The board of the bank has accepted the request of...
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