Mortgage firm HDFC Ltd has announced sale of a 10 per cent stake in its private equity arm HDFC Capital Advisors to...
The country’s largest lender State Bank of India (SBI) has raised its marginal cost of funds based lending rate (MCLR) by 10...
Union Finance Minister Nirmala Sitharaman has left for the US on an official visit beginning April 18 to attend the Spring Meetings...
The Enforcement Directorate (ED) has summoned the global vice president of Chinese mobile manufacturing company Xiaomi, Manu Kumar Jain, for questioning in...
Harbour 9, a homegrown weekend-wear brand, recently unveiled its mindfully designed range of women’s apparel line. Effortlessly elegant, affable, and approachable,...
Redcliffe Labs, a unit of Redcliffe Lifetech in the U.S. and India, announces the appointment of Prof. SS Anand as the new...
Tech titan Apple has begun production of iPhone 13 in India, bolstering India’s vision of emerging as a manufacturing powerhouse. The flagship...
Air India on Thursday cancelled its Delhi-Moscow service over the fear that its flight insurance may not be valid in Russian skies...
Redcliffe Labs, a unit of Redcliffe Lifetech in the U.S. and India, on the occasion of World Health Day joins hands...
Petrol and diesel prices were on Tuesday hiked by 80 paise a litre each, taking the total increase in rates in the...
The economy drives the nation forward. Business is the key for any nation . The country’s GDP growth, the value of its currency, monetary policy, budget are key elements that take this change / challenge forward. And gives direction which way the country is heading to be on par with the rest of the developing nations. Or what it needs to achieve the status of a super power.
The Business section looks at the deals, meetings, collaborations, ratings, Stock markets and the big players. The news makers in the business arena – the tycoons their goals, targets, partnerships, in various fields like coal, mining, aviation, thermal, power, defence , and host of like ports, airports.
News of disinvestment in various sectors like aviation, banks, retail , to the outreach to the farmers, traders, industry.
The tab on the global export , import , financial deals among others. If that is not all the section also looks at the other side too with incisive details like – recession, Economic slowdown among other things.
The presence of big money also raises the temptation to deceit . The corporate scandals like that of Vijay Mallya, Nirav Modi, Mehul Choksi, Rana Kapoor ( Yes Bank) , Anil Amban’s slide in fortunes, Mukesh Ambani’s rise or the matter Gautam Adani’s foray in various fields get a look in.
Some of the most dramatic falls in recent times has been that of flamboyant tycoons like the once King of Good Times Vijay Mallya, now awaiting extradition, the fall of Nirav Modi now in UK jail in connection with the PNB scam has brought to the fore the mismanagement of the corporate as well as the role of the banks who tend to bow to the high and might on token value and give them loans in crores while the other/ ordinary people are made to go through the grind and face strict penalty when loans are not p[aid back in time.
Economic reforms do get a comparison what it was in between the current regime at the Centre and the previous one. Has it been able to meet the aspirations of the people as promised by the party at the Centre when it was voted to power by the people are the key questions that needs honest answers.
The impact of GST, Demonetisation, and what lies ahead for India’s national carrier Air India ( now it is ready for disinvestment) are some of the issues that will be followed and relentlessly covered in the days ahead. So that one gets the pat picture of the business scene and find out who all are the movers and shakers.