Forbes billionaires list 2018: No surprise, Mukesh Ambani remains richest Indian but jumps 14 places globally Mukesh Ambani, Chairman of Reliance Industries Limited, is richer by $16.9 billion in 2018 with assets of $40.1 billion, according… By FE News DeskUpdated: March 7, 2018 12:47 IST
Cabinet may consider relief package for financially-stressed telecom sector today, says government official The proposal is based on the recommendations of the inter-ministerial group (IMG) on the revival of the sector, and includes… By PTIMarch 7, 2018 12:08 IST
PSU banks wrote off 81,683 crore loans in FY17: FM Arun Jaitley Even as the much heated debate regarding the privatisation of PSU banks rages on, Finance Minister Arun Jaitley on Tuesday… By FE News DeskMarch 7, 2018 10:59 IST
Adani Group responds to Subramanian Swamy’s ‘NPA trapeze artiste’ remark The statement was issued in response to a remark by Bharatiya Janata Party (BJP) leader Subramanian Swamy on Tuesday, where… By ANIMarch 7, 2018 09:35 IST
Zomato, Swiggy get lion’s share: PEs, VCs invest $700 million; restaurant sector gets $843 million Zomato and Swiggy have turned out to be the favourites among PE and VC investors, as the two alone garnered… By FE News DeskMarch 7, 2018 09:20 IST
Forbes billionaires list: Amazon CEO Jeff Bezos’s wealth soars to new heights while Donald Trump slips over 200 places The Bezos milestone, revealed in Tuesday’s release of Forbes’ closely watched list , underscores the growing clout of both Bezos… By Associated PressMarch 7, 2018 08:13 IST
US tax beyond steel may hurt India If the Trump administration goes beyond steel and aluminium and imposes higher taxes on gems & jewellery, textiles and garments… By Banikinkar PattanayakMarch 7, 2018 06:17 IST
Telecom push: Cabinet likely to take up relaxation in spectrum holding cap today Proposal a part of recommendations made by Trai in November last year By Rishi Ranjan KalaMarch 7, 2018 06:00 IST
Bharti Airtel acquires Indian part of GBI submarine cable Bharti Airtel announced on Tuesday that it has acquired the ownership of Indian leg of cloud services provider Gulf Bridge… By FE BureauMarch 7, 2018 05:38 IST
Mirror image of Chinese E Class propels Mercedes sales in India A mirror-image model of the Chinese version of its Long Wheelbase (LWB) E-Class model premium executive sedan has been the… By M Sarita VarmaMarch 7, 2018 05:34 IST
SKIL Infrastructure notice to Reliance Infrastructure, RDS claims Rs 8,130 crore loss The company has denied any breach of purchase condition and has decided to defend itself during the arbitration process initiated… By FE BureauMarch 7, 2018 05:30 IST
Bhushan Steel staff not cooperating: Resolution professional to NCLT The resolution professional for Bhushan Steel on Tuesday approached National Company Law Tribunal (NCLT) alleging that employees of the steel… By FE BureauMarch 7, 2018 05:25 IST
Hero Group arm picks stake in UK’s MCT Engineering Rockman Industries, the auto-components arm of the $6-billion Hero Group, on Tuesday announced the acquisition of a strategic stake in… By FE BureauMarch 7, 2018 05:20 IST
Vedanta poised for Electrosteel win Vedanta seems to be well poised to emerge the preferred bidder for Electrosteel Steels, as the resolution professional (RP) is… By FE BureauMarch 7, 2018 05:08 IST
Iron ore: Supreme Court asks Vedanta to move Bengaluru court The Supreme Court on Tuesday asked Vedanta to move a Bangalore court for release of its 34.544 tonne of seized… By Indu BhanMarch 7, 2018 05:04 IST
MEP Infrastructure Developers inks joint venture with ITD Cementation for HAM road projects Mumbai-based MEP Infrastructure Developers (MEPIDL) has tied up with ITD Cementation, a subsidiary of Italian-Thai Development Company, in order to… By Rouhan SharmaUpdated: March 7, 2018 10:57 IST
Digital lenders ask government to relax financing norms An industry association of digital lenders has asked the government to ease financing norms for them by lowering the pre-securitisation… By FE BureauMarch 7, 2018 03:46 IST
Central Bank seeks bids for 3.11 pct in JM Financial ARC Mid-sized public sector bank Central Bank of India has sought bids for a 3.11% stake in JM Financial Asset Reconstruction… By Shritama BoseMarch 7, 2018 03:36 IST
Jannik vs Alcaraz Wimbledon Final: Jannik Sinner stuns defending champion Carlos Alcaraz to win maiden Wimbledon title
