India has the potential to achieve 9% growth rate and become a $10 trillion economy by 2034 on the back of concerted efforts by the corporate sector and a constructive role played by the government, a PwC report said on Monday.
A high-level search panel headed by Reserve Bank governor Raghuram Rajan has shortlisted 10 executive directors for the post of chairman and managing director (CMD) in eight public sector banks.
Telecom operator Bharti Airtel has sold its 4,800 mobile towers in Nigeria to US based American Towers Company for about $1.05 billion in a move to pare debt.
Adani Power on Monday announced entering into a binding agreement with Gautam Thapar-led Avantha Group to buy out the latter’s Korba West Power Company Ltd that has executed a 600 MW power project at Korba in Chhattisgarh.
Homegrown auto major Tata Motors on Monday said it erred in realising the demand for its sub-4-metre mid-size sedan Zest, adding that it may have missed a golden opportunity in the process.
Microsoft CEO Satya Nadella, PepsiCo CEO Indira Nooyi, MasterCard president and CEO Ajay Banga and their ilk will have more Indians to give them company at top positions.
Continuing their record-breaking run, benchmark Sensex on Monday surged 165 points to 28,500 and Nifty index rose 53 points to end above 8,500 mark on hopes of big-bang reforms in the ongoing winter session and growing expectations of more stimulus measures from China and Europe.