India Business

India 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...

Jet Airways: Lenders plan to call bids for asset sale by Saturday

The lenders to the bankrupt Jet Airways, who met in Mumbai on Tuesday for the first time since the carrier was sent to the...

IL&FS case: NCLT allows govt to prosecute auditors Deloitte, BSR

The NCLT has given a go-ahead to government to prosecute Deloitte and BSR Associates for their failure to detect and report the scams that...

Mukesh Ambani keeps salary capped at Rs 15 cr for 11th yr in a...

Richest Indian Mukesh Ambani has kept his annual salary from his flagship firm Reliance Industries capped at Rs 15 crore for the eleventh year...

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...

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...

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...

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...

SpiceJet technician dies in freak accident at Kolkata airport

A SpiceJet technician was killed after the landing gear door of the aircraft he was working on got "accidentally" shut at the airport in...

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....