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Business

RBI partially lifts ban on HDFC Bank, allows it to sell new credit cards


Kumar Mangalam Birla steps down as chairman of Vodafone Idea, request accepted by board

New Delhi: Amid an existential crisis facing the firm over Rs 50,000 crore unpaid dues towards the government, billionaire Kumar Mangalam Birla on Wednesday stepped down as the chairman of Vodafone Idea Ltd.

 


LATEST HEADLINES

Eight women labourers killed as truck hits tempo on Nagpur-Mumbai expressway


UP: 7 held for power cable theft in Ballia after encounter; 2 injured


BJP slams Karnataka Cong govt's move to end tax exemption given to EV four-wheelers


UP govt committed to providing housing to needy: Adityanath


Need to continuously update public services to achieve goal of 'Viksit Bharat': PM Modi


Gulf Medical University ranked in QS World University Rankings by Subject 2026 for Pharmacy


ISRO invites proposals from Indian researchers to study data from Aditya-L1 mission


UDF releases manifesto for Kerala Assembly polls


UP: 3 killed, 18 injured as trolley carrying devotees plunges into canal in Kushinagar


Guests attack bride, groom after not being served liquor at wedding in MP village


3.4 magnitude tremor hits Gujarat's Navsari; no casualty


West Asia war: PM reviews common man's needs; calls for 'authentic' information to thwart rumours




Reliance to conclude Aramco deal this year; Aramco chairman to join board of Reliance Industries Ltd

Mumbai: Saudi Aramco chairman and head of the Kingdom's cash-rich wealth fund PIF Yasir Othman Al-Rumayyan will join the board of Reliance Industries Ltd as a precursor to a USD 15 billion deal that is now expected to conclude this year.

 

Moody's cuts India growth forecast for 2021 to 9.6%

Moody's Investors Service on Wednesday slashed India's growth projection to 9.6 per cent for 2021 calendar year, from its earlier estimate of 13.9 per cent, and said faster vaccination progress will be paramount in restricting economic losses to June quarter.

Reports of its foreign investors' accounts being frozen 'blatantly erroneous': Adani group

New Delhi: Billionaire Gautam Adani's group on Monday said it has written confirmation that accounts of three foreign funds that are among its top shareholders are not frozen and reports to the contrary are "blatantly erroneous and misleading".

 

RIL chief Mukesh Ambani draws nil salary

New Delhi: Richest Indian Mukesh Ambani drew no salary from his flagship firm Reliance Industries Ltd in the fiscal year ended March 31 as he voluntarily gave up remuneration in light of the pandemic hitting the business and the economy.

 

Second COVID wave has hampered India's economic recovery by 15%, unemployment to rise - Economist

Eminent Indian economist Dr Arun Kumar, the Malcolm Adiseshiah chair professor at the New Delhi-based Institute of Social Sciences, believes that the second COVID wave will “hamper” India’s macro-economic recovery, be it in terms of GDP growth, unemployment rate, or investor and business confidence.

 
LIC Collects Highest ever Rs 1.84 Trillion (Lakh Crores) New Premium during Covid Period

Press Release: LIC Collects Highest ever Rs 1.84 Trillion (Lakh Crores) New Premium in Corona Period as per provisional figures. Pays Rs.1.34 Trillion as claims to policyholders.

 

Citibank to exit consumer banking busniess in India

Mumbai: American banking major Citibank on Thursday announced that it will exit from the consumer banking business in India as part of a global strategy.

 

SpiceJet, GoAir decide not to carry Vivo's shipments after Hong Kong fire incident

New Delhi: SpiceJet and GoAir have decided not to carry any shipments of Vivo after a consignment of Chinese company's smartphones caught fire at the Hong Kong airport's tarmac on Sunday.

 

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