Business

Business

India to offload 10 per cent oil refinery shares

INDIA said on Wednesday (January 30) it planned to sell a 10 per cent stake in state-run refinery Oil India this week for at...

General Motors India recalls 114,000 cars

GENERAL Motors India announced on Wednesday (July 24) it was recalling 114,000 models of its Chevrolet Tavera compact car in one of the biggest...

Star economist takes over India’s central bank amid crisis

INDIA’S new central bank chief Raghuram Rajan takes over the helm this week as the nation grapples with its worst financial crisis in decades,...

India gets tough on ‘willful default’

KEMROCK Industries and Exports owns a golf course near its plant in western India and its chairman, Kalpesh Patel, talks of the high salaries...

RBI deputy says ‘long way’ to go before inflation eases

INDIA'S inflation has a “long way” to go before it eases because of high input costs, while the reasons for elevated food price inflation...

Asian carriers more cautious with orders: Boeing

ASIAN airlines which were famed in the past for multi-billion-dollar orders have become more cautious in the face of thinner profits and a global...

RIL to form new subsidiary to combine digital initiatives

Reliance Industries Ltd (RIL) on Friday said it will set up a new subsidiary to bring all its digital initiatives and apps under a...

Sensex hits record high of 40,345 buoyed by Infosys, SBI

Market benchmark BSE Sensex surged over 293 points to hit its record intra-day high of 40,344.99 on Thursday led by rally in index heavyweights...

Mukesh Ambani calls economic slowdown temporary, says trend will reverse

Billionaire Mukesh Ambani on Tuesday said the slowdown in the Indian economy is temporary and the recent measures taken by the government will help...

Vodafone posts loss on new India fallout

Vodafone on Tuesday posted a net loss of more than 2.1 billion euros in its first half after India's Supreme Court ordered telecoms companies...