The debt-laden empires of three of India's best-known tycoons — Vijay Mallya, Subrata Roy and T Venkattram Reddy — are crumbling before their eyes, downfalls that observers say stem from a climate of weak regulation and deference to conspicuous wealth.
UB Group vice-president for corporate communications Prakash Mirpuri has resigned after over seven years of association with the Vijay Mallya-led conglomerate, sources said.
Retirement fund manager EPFO's ambitious project to provide portable universal PF account numbers (UAN) to its subscribers will be launched on October 16.
China's e-commerce giant Alibaba began trading its shares Friday on the New York Stock Exchange. Here are ten things to know about Alibaba, and why its initial public offering made history.
From fashionable alert machines to Android gear and service-driven fitness trackers, a host of wrist-worn gizmos are ready to take on the expected Apple Watch when it lands in India.
Even as the country is reeling under a power crisis due to shortage of coal, about 1.5 billion tonnes of coal is set to be burnt down in underground fires in Jharia and Raniganj coalfields in Jharkhand and West Bengal, respectively, over the next few years.
India is going to be one of the biggest aviation markets in the world and British Airways (BA) wants to be a grab a chunk of the pie.
Shares of Tata Group firms on Friday rose in the range of 1-12% after Moody's Investors Service upgraded ratings of half a dozen group companies. Among blue-chips, TCS's stock gained 3.31% to Rs. 2,724, while Tata Power climbed 2.27% to Rs. 90 on the BSE in morning trade.
A Chinese court on Friday fined British drugmaker GlaxoSmithKline 3.0 billion yuan ($490 million) following a nearly year-long bribery probe, the company said.
India's largest oil and gasproducer ONGC said on Friday it has invested Rs.
81,890 crore in bringing on stream newer discoveries and arrest natural decline that has set in its ageing fields.
Nepal's centre-left cabinet on Thursday cleared the way for Indian firm GMR to build a $1.4 billion hydroelectric plant in the northwest of the country, a cabinet minister said, the Himalayan republic's biggest foreign investment scheme.
The Reserve Bank today warned thebanks to be more careful while opening accounts under the Jan- Dhan Yojana, saying that a single individual could open multiple accounts in the lure of Rs. 1 lakh insurance cover.
Jet Airways will enhance connectivity on the lucrative Dubai-India route by launching a fifth daily flight from Mumbai to the Gulf city from next month.
Rama Bijapurkar is a thought leader on Indian consumer and market strategies. She has been on boards of several companies. In an interview with HT, she shared her thoughts on wide range of issues from consumerism, the opportunities, advertising and reservation for women on boards. Excerpts:
Larry Ellison, co-founder and leader of Oracle Corp for 37 years, stepped aside as chief executive officer on Thursday, to be replaced by co-CEOs Safra Catz and Mark Hurd, raising questions about a job-sharing arrangement that has had a fraught record elsewhere.